Rafizi: Malaysia needs more startups, high-tech companies to be listed on Bursa

  • 📰 theSundaily
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Bernama News

South Africa South Africa Latest News,South Africa South Africa Headlines

KUALA LUMPUR: There is a limited number of start-ups or high-tech companies poised for listing on Bursa Malaysia, as the majority of corporations in M...

: There is a limited number of start-ups or high-tech companies poised for listing on Bursa Malaysia, as the majority of corporations in Malaysia remain in traditional sectors, said Economy Minister Rafizi RamliDespite Malaysia’s strength in the electrical and electronics industry as a global exporter, he said only four to five per cent of high-tech companies are listed on the local bourse.

Rafizi said there is a need for a pipeline of tech and start-up companies ready for listing to enhance Malaysia’s business ecosystem. He emphasised that the government’s interest extends beyond monetary investment in start-ups and is instead seeking early success stories to attract tech talent from around the world to Malaysia.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines