Malaysia favoured expansion destination for Asean

Bright outlook: The Petronas Twin Towers dot the Kuala Lumpur skyline. In a survey conducted by StanChart, Malaysia is named as one of the countries offering the best growth prospects in Asean over the next 12 months.

PETALING JAYA: Malaysia is a favoured expansion destination for Asean companies looking for growth opportunities in the region, according to Standard Chartered’s (StanChart) latest survey.

In its “Borderless Business: Intra-Asean Corridor” report, it noted that 49% of survey respondents had selected Malaysia as one of the countries offering the best expansion opportunities in Asean over the next 12 months.