![]() Foreign investors find it attractive for medium-value production, especially with its competitive cost structure. □ **Global Opportunities:** Malaysia stands to benefit from the reconfiguration of supply chains. The Asean+3 Macro-Economic Research Office is even more bullish, predicting 5.2% growth. ![]() Predicted growth rates are promising, with the World Bank forecasting 4.3% in 2024. □ **Economic Resilience:** Despite external pressures, Malaysia's economy is rebounding. Malaysia, as one of the most open economies, faces uncertainties affecting demand, inflation, and global trade. □ **Global Challenges:** Wars, geopolitical tensions, and monetary tightening create economic hurdles. □ Despite domestic and international headwinds, the nation is on a positive economic trajectory. □□ Reflecting on Prime Minister Datuk Seri Anwar Ibrahim's first year in office, Malaysia emerges resilient from global challenges. More than 80% of Malaysia’s business leaders remain confident in globalisation and trade: Standard Chartered #StandardCharteredInsights #GlobalBusinessLeaders #SustainableDevelopment #TechRevolution □□□ □️ Mak Joon Nien, CEO of Standard Chartered Malaysia, highlights the need for a #GlobalisationReset, emphasizing resilience, inclusivity, and collaboration for continued economic development! □□ □ The white paper, in collaboration with Bloomberg Media Studios, aims to reshape globalisation for inclusivity, transparency, and sustainable development. ![]() □ Global collaboration is essential: 66% agree that businesses should be able to hire talent from anywhere in the world! □□ □ Technology is thriving! 74% see positive outcomes from the global free flow of data, with a strong call for a secure digital future of finance for everyone! □□ □ Sustainability is a key focus: 78% believe global trade supports sustainable development, with 58% emphasizing sustainability in the movement of goods and services! □□ □ Malaysian leaders acknowledge the benefits of international trade and resilient supply chains (80%+), creating significant opportunities in the country! □□ □ 88% of global business leaders, including Malaysia, believe in the success of globalisation across key pillars! □□ In Malaysia, 75% express confidence in the role of capital, but 11% call for global capital control, the highest among surveyed markets! ⚖️□ □ Exciting Insights from Standard Chartered's White Paper! □□ Discover the global sentiment on #GlobalisationReset and the pillars of trade, capital, technology, talent, and sustainability! □□
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