EU, US firms rank Malaysia second most favourable in Asean

Standard Chartered Malaysia managing director and CEO Abrar A Anwar said: “Building on our strong legacy of 146 years in Malaysia, we are deeply committed to facilitate the economic growth of the nation."

KUALA LUMPUR: European and US companies ranked Malaysia second most favourable Southeast Asian country for opportunities to establish or expand their sourcing, selling or operations over the next six to 12 months.

According to a Standard Chartered study, “Borderless Business”, chief financial officers (CFOs) and treasurers in the US, the UK, Germany and France indicate that, despite uncertainty caused by the global pandemic and its associated economic repercussions, overseas markets remain key to growth.