Global trade restrictions, geopolitical uncertainty, and AI governance gapsGlobal businesses are facing slowing growth and mounting challenges to long-term sustainability, according to a new report from KPMG International. The findings in KPMG’sshine a light on the multifaceted, complex challenges facing companies looking to grow internationally at a time of increasing divergence on regulation, conflict, technological advancement and political uncertainty.
He also highlighted the urgency for Malaysia to navigate the evolving landscape of AI governance, which will ensure the responsible integration of this transformative technology into the nation's economic fabric. On the AI front, while the Malaysian government is developing a governance and ethics code framework, companies must proactively shape their own AI strategies.