Among the top Asean countries, Malaysia has committed to achieving the largest emission reduction target of 45% by 2030, underpinned by initiatives in the 12th Malaysia Plan, to foster a green economy by promoting low-carbon industries, decarbonisation, a circular economy and the clean energy transition. There has been growing interest from foreign and domestic investors in the country’s green economy.

Deals and opportunities in ESG in Malaysia

Continued population growth in South and Southeast Asia is expected to support economic expansion in the region as working-age populations will remain large compared with younger and older citizens, according to a recent report by Moody’s Investors Service. However, the rating agency says the availability and scale of labour inputs alone will not drive materially stronger economic growth or better fiscal outcomes, as other conditions such as strong education and quality infrastructure are also key to reaping the benefits.

Population growth alone not enough for economic expansion 

The New Industrial Master Plan 2030 (NIMP) lays out the government’s strategies for the local manufacturing sector over the next seven years. It aims to set the direction for local industries’ investment priorities, in line with Putrajaya’s aspirations to create more high-income jobs and as part of its efforts to free the country from the middle-income trap.

NIMP outlines Putrajaya’s bid to lift manufacturing sector from low-value production

Malaysia plays a crucial role in the global semiconductor industry, accounting for 7% of total global semiconductor trade. Additionally, it boasts a 13% global market share in chip testing and packaging.

E&E industry a major driver of Malaysia’s economy

Digital native customers are setting higher expectations and exercising greater control over how they engage with brands, becoming equal stakeholders in the customer experience ecosystem.

Tapping into the power of conversational commerce

Capital Markets Malaysia, an affiliate of the Securities Commission Malaysia, has published the Simplified ESG Disclosure Guide (SEDG) with the support of sustainability consulting firm Thoughts in Gear and Lasaju Consulting.