Malaysia to prioritise trade, ASEAN capital market connectivity ahead of ASEAN 2025 Chairmanship

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KUALA LUMPUR: Malaysia will prioritise enhancing trade facilitation among ASEAN countries and strengthening the connectivity of ASEAN capital markets,...

: Malaysia will prioritise enhancing trade facilitation among ASEAN countries and strengthening the connectivity of ASEAN capital markets, recognising the strategic importance of its capital market as the country prepares to chair ASEAN in 2025, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Furthermore, the minister added that a key priority is to enhance the integration of ASEAN capital markets, with a focus on enabling initiatives such as mutual recognition of new initial public offerings across the region. Amir Hamzah, however, said that at this moment, the penetration of cross-ASEAN trades is lower than what they anticipate or believe it can be.

ASEAN, comprising Malaysia, Brunei, Cambodia, Indonesia, Laos, Myanmar, the Philippines, Singapore, Thailand, and Vietnam, represents a formidable bloc with a population exceeding 700 million across the region.

 

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