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IT is often perceived that Singapore is smarter in information technology (IT) than Malaysia, and that the former's industry has moved further up the value chain.
LOCAL technology companies, which are currently trading at a premium, lack the space to grow their valuations against global players as the industry’s growth momentum tapers and the US dollar weakens against the ringgit.
PERHAPS 2017 can be summed up as the year where tech stocks dominated. Strong global spending aside, the emergence of e-commerce and the Internet of Things (IoT) along with the launch of the Digital Trade Free Zone created excitement and the prospects of better earnings.