Malaysia is ‘back on the radar for international investors’: Bursa CEO
It’s probably not surprising to anyone reading the Malaysian news recently, but the recent influx of foreign money to Bursa Malaysia has put the country “back on the radar for international investors”, according to Bursa Malaysia CEO Yusli Mohamed Yusoff. Positive fundamentals and good quality stocks would hopefully see that influx continue, he said.
Another sign of improvement was the FTSE’s re-classification of Malaysia’s economy as ‘advanced emerging’ in October 2010, a listing just below ‘developed’ which comes into effect June 2011 and applies to only nine countries in the world. Yusli said Bursa Malaysia would continue in 2011 to focus on stakeholder benefits likely to attract further interest; like quality, good governance, transparency and investor protection.
source & article: Bernama
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