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Asia-PacificJanuary 2 2006

Malaysia

Public BankTan Sri Dato’ Sri Dr. Teh Hong Piow, Chairman
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1. What makes your country attractive to investors?

Several factors come to mind: healthy earnings growth, good corporate governance, pro-growth macroeconomic policies and a stable political environment. The corporate sector continues to strengthen on the back of sound economic fundamentals. The government is also committed to administrative reforms and improving the performance of government-linked corporations.

2. What are the economic prospects for your country over the next three to five years?

The economy will remain on a stable growth trajectory with the government’s proactive but disciplined fiscal and monetary policies. Efforts to develop new sources of growth in the services sector are showing results. Malaysia can leverage on its strong fundamentals, world-class infrastructure and educated work force to strengthen its competitiveness.

3. How do you foresee the financial sector in your country changing?

The financial sector will continue to grow on the back of positive economic conditions. The programme of liberalisation of the Malaysian financial sector continues apace with the implementation of the financial sector masterplan, leading to a more efficient and competitive financial sector with the capabilities of competing on the global stage.

4. What role will your bank play in your country’s future development?

As the second largest domestic lender, Public Bank will continue to be a major provider of financial solutions to its customers, particularly consumers and mid-market commercial enterprises, both of which are key drivers of Malaysia’s economic activities.

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Read more about:  Asia-Pacific , Malaysia