Brokers Write: Intangibles the new building blocks for Malaysia
MALAYSIA’s recent political uncertainty, which has seen three prime ministers in three years, has been greeted with dismay by foreign investors. If the country’s overall investment environment does not improve in the next few years, it could result in a severe loss of confidence. Earlier in 2021, the International Monetary Fund had forecast that Malaysia’s GDP would grow by 6.5%. Latest revisions now predict that the economy will grow by only 3.5% in 2021.
United States Cheah Cheng Hye Cheah Family Office Value Partners Group Ltd International Monetary Fund Boston Scientific
Source: theedgemarkets.com