ICMR: Regaining dominant position in capital market important

Munir said that Malaysia is slipping back in terms of the capital market, despite having a dominant position within the region decades ago.

KUALA LUMPUR: The modernisation of local capital markets is essential to capture the interest of foreign investors and boost the country’s competitive edge against neighbouring markets.

Institute for Capital Market Research (ICMR) chairman Tan Sri Munir Majid stressed that Malaysia is slipping back in terms of the capital market, despite having a dominant position within the region decades ago.