Latest news with #Fad'lMohamed
The Star
8 hours ago
- Business
- The Star
Invest Asean-Malaysia 2025 Conference to run from tomorrow to July 3
PETALING JAYA: The Invest Asean-Malaysia 2025 Conference expects to attract more than 1,500 delegates, including foreign fixed income, equity and private equity investors with a combined asset under management (AUM) of over US$13.6 trillion or RM57.7 trillion. The event, which will be held in Kuala Lumpur from tomorrow to July 3, will be jointly hosted by Bursa Malaysia in collaboration with Malayan Banking Bhd (Maybank). The conference comprises a plenary and two days of corporate access showcasing 71 corporates from Asean, including 30 from Malaysia, with a total market capitalisation of US$382.6bil or RM1.62 trillion. It is themed 'Driving Asean Integration through Malaysia's Economic Resilience – Capital, Collaboration, Connections', Bursa Malaysia and Maybank stated in a statement. The three-day conference will bring together corporate leaders, policymakers and institutional investors from across the region to chart the next chapter of Asean's economic ascent. 'The country's Asean Chairmanship this year presents a unique opportunity to champion deeper regional integration. 'Through this flagship conference, we reaffirm Malaysia's value proposition and leadership towards this regional ambition. 'As the national exchange, Bursa Malaysia is committed to cultivating a dynamic and competitive capital market – one that not only drives Malaysia's economic growth, but also reinforces Asean's continued progress,' Bursa Malaysia chief executive officer Datuk Fad'l Mohamed said. Delegates will also have the opportunity to join a series of curated thematic site visits, offering them first-hand look at Malaysia's investment ready growth corridors and key industries.
The Sun
14 hours ago
- Business
- The Sun
US responds positively to Malaysia's tariff approach, says minister
KUALA LUMPUR: The United States (US) has responded positively to Malaysia's approach and engagements on tariff issues and proposals, said Finance Minister II Datuk Seri Amir Hamzah Azizan. He said Malaysia's proactive engagement and approach with the US is to understand the issues involved and to work together to navigate a path to find a win-win situation. The US responded positively to Malaysia's approach. Trade teams from both sides discussed how to navigate forward, he said. 'The two teams held (productive) discussions and negotiations; progress is being made along those lines,' he said during a fireside chat at the Invest ASEAN-Malaysia Conference 2025 moderated by Bursa Malaysia chief executive officer Datuk Fad'l Mohamed today. According to Amir Hamzah, Malaysia has always been non-retaliatory. It wants to work with the US to seek ways to improve trade for both sides. He noted that the trade deficit between Malaysia and the US comprised key components such as the electronics and semiconductor industries. He said many US-based multinationals are exporting to the US, and Malaysia was pleased when the US suspended tariffs for the semiconductor sector. It recognised that this was a critical asset that they wanted to protect. 'But for Malaysia, it was important because it shows there is a lot of cross dependency between Malaysia and the US,' he said. The minister also noted that Malaysia highlighted to the US in the negotiations that global supply chains are integrally linked and are difficult to decouple without significant consequences.
The Star
20 hours ago
- Business
- The Star
Tariff: Positive response from US to Malaysia's approach
KUALA LUMPUR: The United States (US) has responded positively to Malaysia's approach and engagements on tariff issues and proposals, said Finance Minister II Datuk Seri Amir Hamzah Azizan. He said Malaysia's proactive engagement and approach with the US is to understand the issues involved and to work together to navigate a path to find a win-win situation. The US responded positively to Malaysia's approach. Trade teams from both sides discussed how to navigate forward, he said. "The two teams held (productive) discussions and negotiations; progress is being made along those lines," he said during a fireside chat at the Invest ASEAN-Malaysia Conference 2025 moderated by Bursa Malaysia chief executive officer Datuk Fad'l Mohamed today. According to Amir Hamzah, Malaysia has always been non-retaliatory. It wants to work with the US to seek ways to improve trade for both sides. He noted that the trade deficit between Malaysia and the US comprised key components such as the electronics and semiconductor industries. He said many US-based multinationals are exporting to the US, and Malaysia was pleased when the US suspended tariffs for the semiconductor sector. It recognised that this was a critical asset that they wanted to protect. "But for Malaysia, it was important because it shows there is a lot of cross dependency between Malaysia and the US," he said. The minister also noted that Malaysia highlighted to the US in the negotiations that global supply chains are integrally linked and are difficult to decouple without significant consequences. - Bernama
New Straits Times
2 days ago
- Business
- New Straits Times
Bursa Malaysia attracts foreign listings, strengthens market participation
KUALA LUMPUR: Bursa Malaysia continues to draw foreign-listed companies for secondary listings while boosting market liquidity and vibrancy through a strategy aimed at strengthening trading participation among both retail and institutional investors, locally and abroad. "We are dedicated to building a more inclusive and sustainable trading ecosystem to support the growth of Malaysia's capital market," its chief executive officer Datuk Fad'l Mohamed said. Bursa Malaysia emerged as the leading initial public offering (IPO) market in Asean for 2024, topping the region with 55 listings and raising the highest total IPO proceeds. Fad'l expects this strong performance to continue, noting that the exchange retained its lead in the number of IPOs, total funds raised, and overall market capitalisation for IPOs in the first half of the year. "Despite market volatility, Malaysia has shown encouraging IPO activity, reaffirming our position as a key fundraising avenue in Asean," he said. Fad'l also underscored the maturity of Malaysia's capital market ecosystem, where companies frequently transition between tiers, from the LEAP Market to the ACE Market or from the ACE Market to the Main Market. Since 2020, more than 40 companies have "graduated" to higher-tier markets, reflecting their growth and development. Bursa Malaysia is actively enhancing its regional collaborations to stimulate cross-border market participation, with the exchange recently signing a Memorandum of Understanding (MoU) to facilitate the cross-listing of foreign-underlying Exchange Traded Funds (ETFs) on its platform. Furthering its commitment to sustainability, Bursa Malaysia is progressing toward listing the FTSE4GOOD Bursa Malaysia ETF, its first ESG-aligned ETF, which will provide institutional and retail investors with an entry point into companies excelling in sustainability practices, aligning with global environmental, social, and governance (ESG) standards. "Our efforts in ETFs and ESG initiatives are designed to make Malaysia's capital market more vibrant and competitive while addressing the growing demand for sustainable investment options," he said. Through initiatives such as the Asean-Interconnected Sustainability Ecosystem and the Asean Common Carbon Framework, Bursa Malaysia is playing a critical role in the region's sustainability agenda. These frameworks aim to create cohesive ESG standards and facilitate carbon market development across Asean, enabling member countries to align their sustainability goals.
New Straits Times
4 days ago
- Business
- New Straits Times
Invest Asean-Malaysia 2025 to showcase 71 firms, attract 1,500 delegates
KUALA LUMPUR: The Invest Asean-Malaysia 2025 Conference in Kuala Lumpur, scheduled for July 1–3, will showcase 71 Asean companies, including 30 from Malaysia, with a combined market capitalisation of about US$382.6 billion (about RM1.62 trillion). The conference is expected to attract more than 1,500 delegates, including foreign fixed income, equity and private equity investors with a combined asset under management (AUM) of over US$13.6 trillion (about RM57.7 trillion). Hosted by Bursa Malaysia Bhd and Malayan Banking Bhd (Maybank), it will feature a plenary session and two days of corporate access, according to a joint statement. Themed "Driving Asean Integration through Malaysia's Economic Resilience — Capital, Collaboration, Connections", this three-day conference will bring together corporate leaders, policymakers and institutional investors from across the region to chart the next chapter of Asean's economic ascent. The event will be officiated by Finance Minister II Datuk Seri Amir Hamzah Azizan, who will also deliver the keynote address. Bursa Malaysia chief executive officer Datuk Fad'l Mohamed said Malaysia's Asean chairmanship this year presents a unique opportunity to champion deeper regional integration. He said the flagship conference reaffirms the country's value proposition and leadership towards this regional ambition. "As the national exchange, Bursa Malaysia is committed to cultivating a dynamic and competitive capital market. one that not only drives Malaysia's economic growth but also reinforces Asean's continued progress," Fad'l added. Meanwhile, Maybank president and group chief executive officer Datuk Khairussaleh Ramli said, "The conference theme encapsulates our shared imperative to drive the region's trajectory during a time of dynamic transformation as Asean deepens its integration, strengthens regional resilience and positions itself as a central player in the new global economic order." In conjunction with the conference, delegates will also have the opportunity to join a series of curated thematic site visits, offering them a first-hand look at Malaysia's investment-ready growth corridors and key industries. These include Selangor's digital and infrastructure development blueprint, Malaysia Vision Valley 2.0 in Negeri Sembilan and Klang Valley's healthcare innovations. Invest Asean-Malaysia 2025 is supported by Bloomberg and builds on Bursa Malaysia's long-standing Invest Malaysia series, which has featured discourse on Malaysia's capital market and economic competitiveness to global audiences since 2005, as well as Maybank's Invest Asean platform for regional investment and thought leadership that began in 2014.
