As Malaysia develops its financial sector, it shows potential to become a leading financial hub in Southeast Asia, but challenges remain. What is your opinion on whether Malaysia can achieve this goal? Let us know down below!

If politics are separate from business, I believed it achievable.

Rise Malaysia ASIA 💐 Malaysia boleh🎉 lovely sharing 🌸

Malaysia already has all the infrastructure and resources all this while. It’s loss to Singapore is due to mentality and rather poor management each time politics takes over.

Before we want Malaysia to become a financial hub, please enhance our finance security either in banks or from hackers. We learned that some hackers stole millions of accounts information from Malaysian banks. In Jan 203, we recorded 13 million data breaches mostly users from Maybank, Astro, and Election Commission.

Thank you for this wonderful video, for also sharing your in-depth insights on Malaysia as a financial hub.

Malaysia aiming to be financial sector hub for Southeast Asia is like Singapore aiming for 2034 World Cup

I hope it doesnt become like any of the financial capitals that had existed or still does anywhere in the world. Matter of fact, after working in many other developed nations including Singapore, I am glad Malaysia had not rushed headfirst into " developing " and end up like the rest. South Korea, America, Britain, Japan and Singapore are overworked and overstressed to ensure the facade of materialistically medicating the spirit is maintained. Everyone is a serf under corporate technofeudalism after which they can be whatever they want.

Malaysia should follow Switzerland path. Wealthy but very high standards of living. I rather live in a country where I earn US$5000 a month but I have nice car and big landed house compared to US$10,000 and I cant afford a car and live in a 300 sq ft apartment.

Singapore caters for Western Financial Hub. Malaysia will cater for Islamic and Brics Financial Hub. How the World has changed.

As a Malaysian, Malaysia is always been a great investment location but our politician is famous for kleptocracy and corruption is rampant. Compared to Sg, we can be better but years of corruption and special privileges to the wealthy, all the wealth is being funnel to a elite few in the name of helping the poor. Many failed economic policy had lead the nation poorer and poorer.

geographically and economically Malaysia will be the best. Even anyone may invest everything in Singapore but living peacefully in Malaysia. But to be safe, don't put all the eggs in one bucket. Put it in Bangkok, KL and Singapore will be better.

Selagi politik malaysia tak stabil, selagi tu duit takut nak mai.

Better to focus on high tech sustainable tropical agriculture with proper soil management. Better to grow rich feeding others.

Malaysia's financial sector shows potential to become a global hub, with strengths in Islamic finance, innovation, stable environment, and strategic location.

No need to hurry. We don't want everything to be expensive like Sg. Maybe if just KL or Penang.

Remember, Malaysia (or Malaya before 1957) was one of the Asian tigers a few decades ago, even ahead of South Korea then. Owing to weak and misguided governance our standard of living in this country went downwards. Now with perceptible enlightenment in our new leaders, Malaysia is starting its way up again. If we can shut out destructive sugar-coated interference from the West and follow the way of peace and development in tandem with our neighbours and smart China, we can and we will go a long way to securing prosperity and happiness for all people in this part of the world. This is the ideal we have been hoping and dreaming for -- for so long! Dr. Neoh C.K.

Insya-Allah....

Malaysia banks do not accept foreigner visitors to open account. It will be hard to advance

Aim high and dream big. Malaysia is going to be the next super power.😅

Very optimistic

Malaysia had a Bumiputera bank in 1965, and it became a strong and enviable bank, but until 1983, it fell when Malaysian politicians, with the cooperation of tycoons from Hong Kong, destroyed the bumiputera bank institution because billions of dollars of loans were not paid due to corruption.

Well done, H.K. keep it up.

Malaysia is already a leader in Islamic Finance. We shoukd just focus in this. The popularity of Islamic Banking and Finance is gaining and growing.

Malaysia can be finacial hub but must kick all stupid politician BN PH PN out first. Politician make Malaysia unrest.

Speaking of young workforce, yes we do have a huge pool but majority is not tech or finance savvy. Please be more specific in your research as generic terms cant speak.

Malaysia will need to become more expat-friendly if they hope to become a global hub and financial powerhouse. Currently, it is very complicated to get a long-term visa such as De Rantau digital nomad visa, MM2H or other program. Application reviews and approvals are difficult and time-consuming with long delays and too many changes. But it would be great if that could be improved!

Because of BRICS, Singapore have leans towards China or Malaysia will take it place as Financials hub in the region.

I dont want Malaysia to become Singapore. We are already happy as it is. Nobody wants to be overworked and stress all the time.

Malaysia can and boleh time shall unveil when time comes keep moving forward and onward the rest will come

Malaysia was never, ever short on ideas and ambition

KL/Klang Valley is already highly developed and income city (US$200bn with GDP per capita of ~US$20,000) with alpha city status, so, even if not global, regional is highly possible, perhaps, ASEAN and Asia. Global, probably not for the time being.

Malaysia has all the infrastructures but lacks in a skilled and committed workforce, which affects its productivity. These could be due to its political stability. Weak government is normally resorted to quick fixes than planning anything long-term.

With good smart politicians like the present govt yes! Cash is King! Many opposition politicians are trying to go through the back door changing the govt. Good King of Malaysia is not allowing them to destroy the unity govt

When Kl is mentioned the film "Catch me if you Can' comes to mind. The other things that come to mind is ' the biggest financial Scandal' in the history of the world and 1MDB. Do you think you can call yourself a Financial Hub just by building a couple of skyscrapers? Maybank, RHB, Public Bank and Hong Leong Bank, these names are not even well known in Southeast Asia not to say outside of Asia. At best we can say that they have made strides in the realm of Islamic Banking. And Islamic Banking has a hugh potential to grow but Islamic Banking is probably considered a small part in the world of Banking and Finance as a whole. If we are talking about a being a being a financial hub for Islamic Banking hub than I think Abu Dhabi is a more likely candidates if they are determined to do so as it is in the heart of where Islamic Capital lies. Sounds outlandish for ones to link KL to the term Global Financial Hub IMHO. Probably more justified to say KL is way ahead of 3rd to 4th tier Asian nations. To compare it to London, New York, Tokyo is unthinkable at this point.

Malaysia will already be top hub in Southeast Asia if not for all the corruption taking place 😅

Cost of doing business n lucrative returns are the 2 key factors determining sustainable growth. Assuring these 2 winning combinations, Msia will become the renowned fintech hub in the region and worldwide. Insya Allah

Yes It is Malaysia is already a Financial Hub in Asia, if one of the Arab countries peg it's currency to ringgit. And if too, Brunei pegs it's currency to Malaysia

Could be for Islamic finance for SEA.

why malaysia currency weak

Yup! Malaysia just need to produce more exciting shariah compliant products 👍

i annswered this question a LONG TIME AGO. there is no room for such a financial hub in the same time zone. either singapore will remain a financial hub or malaysia will. but their cannot be two.

Too unstable, political policies just changes just like that. Hard for planning. Priority of Islamic religion laws makes her less competitive to countries with neutral laws. Corruption and lack of integrity in the authorities makes it hard.

Unless if Kuala Lumpur can become a global financial hub and has a very strong business ties with other major cities like London and New York as well as more liberated business for market capitalization and attract more FDI, i think Malaysia would have a very long journey to compete with Singapore to become a global financial hub. Overall Kuala Lumpur ranking as global cities is Alpha.

Seeing how the world is slowly turning multipolar, it is possible for Malaysia to be a financial hub for the BRICS+ nations and Islamic finance. Singapore is seen as in the US camp for sanctioning Russia and angering China for highlighting the South China Sea issue to the US which has escalated since then.

It will take an overhaul of mindset which is impossible

Bravo Malaysia ❤

Oh yes. It will be called 1MDB Mk2.

nah...still much lacking... if you can give zero free tax interest and a lot funding for new star-up business like singapore but malaysia...currently only for retail only..but big star-up business like goes for glc links... a lot potential and copy cat like singapore doing in arreas p. langkawi, p. pinang and johor..

Usah iri. Terima aja kebolehan malaysia

islamic banking mentioned 😊

Msia invests heavily in human capitals since as early as in 80's.no wonder msia will become the best place to be an economic hub in all fields.

Msia has long becomes leading islamic financial hub no boubt bout that

You forgot corruption..

Stable government like PM Anwar with no corruption is 1st priority. Singapore do this 1st. 2nd it is Muslim majority in Middle East happily transactions in Malaysia. 3rd with China investments will made more attractive as middle east has a lot trade with China.

You can bring “them” out of Malaysia but you cannot take the Malaysia out of them.

Malaysia can be industrial and finance Depend on the honest Govt

No lol nt in a million years. Malaysia has a racist policy of favouring locals. And situated right beside singapore who is the established financial powerhouse in asia cuz of its stability.

Too shakey with laws, stupid decisions, tax alterations & corruption. Rule of law is sketchy. Definitely amazing growth but its just not there as a international financial hub, doesn't have the stability & security features & has no wanting to provide itself as such... Investing in manufacturing or Real estate there, yep! Domiciling private equity fund there? Nope

0:45 chill out with the sound fx...

No....n definitely impossible for 🇲🇾 to be regional financial hub..... 🇲🇾 Market is small n not alluring if to make comparisons with 🇹🇭🇸🇬... Political instability also contributes to the negatives implications..... N it's a risky..... But do remember 🇲🇾is import based consumption country.... while their export is been exposed to all of variety of risk including been ban sanctions (Palm oil based products)n higher tariff..... Within the next 10/15 year's from now if the policymakers in 🇲🇾 didn't manage the country wealth properly n continue spending lavishly (populist policy) 🇲🇾 could be the next 🇦🇷🇹🇷.....

Malaysia listens too much to what a consultant says. instead of focusing on enlarging the doer pool... the government & politicians focus on developing the communicator pool. the gov believes on selling the idea/vision is better than we do it ourselves.

Yes we will. Provided PM X still leads the country

Gak usah terkejar jadi Singapore, negeri Konoha G20, Jepun, Korea Selatan. Elok tiru jadi cam Ireland, Swiss, Sweden..Jadi Negara rakyat berpendapatan tinggi, hidup aman makmur, negara kebajikan pada rakyat, jangka hidup tinggi. Tak perlu jadi negara kuat kumpul kekuatan tentera. Tetapi negara ada banyak peluang pekerjaan.

Will never be financial hub or any economic might. As long as the policies favor one skin color

Malaysia is already a regional financial hub. Otherwise how to embezzle billions in the 1MDB? Even Goldman Sachs was hauled to court. Without the money how to embezzle? Clearly Malaysia is poised to become the region's financial hub with its easy access to money, directly or indirectly. One can get easy access to money whether or not it belongs to you. Malaysia welcomes all investors to come anytime. Country garden forest city is another famously large investment that foreigners have invested in Malaysia. Billions. And today it remains a suck-cess-pool story, with its god forsaken empty lands and houses and algae stained walls.

maybe the Dap are right singporean will come to malaysia to work(just kinding haha)

No way banyak orang seperti JHO LOW COKLAT

Answer is no… as long as SG is still more efficient, malaysia will always be a niche financial hub, focusing more on islamic finance..

Malaysia politics is stable enough. We have no rally / demonstration after the government changes. So don’t scare of what Media said. Just come and invest in Malaysia.

No building everything in Kuala Lumpur is stupid the hub should be nationwide it would provide high income at low cost areas with no overpopulation flood traffic jam and etc

Quota Quota and Quota will kill the ambition of Malaysia becoming a financial hub.

There is no-harm for singapore to let them-malaysians try. The troubles and troublesome (disadvantages) comes with every advantage. There are trade-offs which can be mitigated by real-ability, real-knowledge, real-capability, real-workers, real-laws, real-fairness, real-anti-corruption, real... get-real is good for all.

it is impossible to happened.. malaysia as global financial hubs...Malaysia is like Philippines they both pupolar for having corrupt politicians... Philippines is better than malaysia if we as financial hub. bec some of financial institutions have office in Philippines.. ex.. jp morgan and ADB both of them have office in the Philippines... but it never been a financial hubb.. before become financial hubs.. malaysian needed to be a global trade center frist... like new york, London, hong kong, singapore... and needed a strict govt financial policy... and political stability... local bank and infrastructure development is not enough to become financial hub...

Why wanted to be a leading hub? Its so stress and living standard is so high for many citizen..go and ask some Singaporean.😮

Global no .

Malaysia is rise again!

They can united with Singapore again becoming Malapore state. If they do this Malaysia will become the largest financial center in South east Asia

Malaysia can only be a durian hub, nothing more

baru bace komen sikit dah jumpe barua2 Phtaik simen hahahha . parasit betul puak ehemriti ni

Malaysia has potential to be better than singapore

OUR MONEY DOWNNNNN SO DEYM DOWNNN WHYYY WHAT PMX DOING?? 😭😭😭 NOW INDONESIA MONEY MORE HIGH THEN MALAYSIA

Nothing special to become no.1 or world fin hub if your peoples suffer and struggle for life.

1MDB

Gimme me break...surpassing Sgpore!? It's like ur asking God from heaven Live in Hell😅

Islam has become a popular religion and there are many converts from the western world. With the huge investment from China, and big influx of middle east migrant investors, Malaysia will become global financial hub in this region Insya-Allah.

Malaysia surprisingly growth rapidly since pandemic. How amazing is that wow

Bring back GST and lower the income tax at par with Sjngapore...gradually

Thinking too must. Racism in Malaysia on the rise, former president mahathir playing the racist game now😊

Malaysians need to do away with any race amd religions issues fan by politicians. The politicians who fan these issues are damaging the progress of the countries as they could not raise more important issues eg economics, etc except race and religion... and some Malaysians believe in their rhetoric.

Sorry bro, Kuala Lumpur is good and all, but Jakarta is probably gonna take that crown simply from it's sheer size

Lmao, Hong Kong? No. Tokyo or Seoul should be there.

With the Malays running things and living off handouts, no

Must put Mahathir and Daim in jail first

Definitely NOT...

Mnteri malaysia sibuk politik brgaduh sesama sndri dan sakau duit negara kki rsuah hdup bebas😂😂

Malaysia to overtake Singapore as a global financial hub? As long as malaysia only favour certain race (bumiputera policy) which is discriminatory towards non malay and native it won't happened. And don't forget about corruptions in Malaysia like 1MDB scandal.

lol, maybe in 50 years.

Malaysia is better 4:28 than Indonesia. The richest country in South East Asia are Brunei, Singapore and Malaysia 9:31 .

You say what?? 😢 malaysia becomes financial hub ..for crooks hub maybe Malaysia Boleh 🇲🇾