Principal: Malaysia poised for rapid economic opportunity, increasing wealth creation


image-20220926110451-1Malaysia is ranked 20th most financially inclusive market out of 42 markets analysed globally, according to the inaugural 2022 Global Financial Inclusion Index from Principal Financial Group.

根据美国信安金融集团的首届 2022 年全球金融包容性指数,马来西亚在全球 42 个分析的市场中排名第 20 位。


Additionally, the country ranks fifth for financial inclusion support provided to employees by their employer.



In a statement on 23rd September, Principal said Malaysia’s financial system received high scores for enabling business confidence, and its government support ranks in the top 10 for laws and regulations which prioritise financial protection for consumers.

信安在9 月 23 日的一份声明中表示,马来西亚的金融体系在增强商业信心方面获得了高分,其政府支持在优先保护消费者金融的法律法规方面排名前 10。


As such, Principal proposed that Malaysia’s high scores in a number of indicators that were analysed, suggest it is poised to experience an acceleration in its development as a capital and wealth market.



This would result in rapid economic opportunity and greater output of wealth creation for its population and international participants.



Principal Malaysia country head and chief executive officer Munirah Khairuddin said Malaysia has made significant steps over the past decade to accelerate financial inclusion for its population. 

马来西亚首席国家元首兼首席执行官 Munirah Khairuddin 表示,马来西亚在过去十年中采取了重大步骤,以加速其人口的金融包容性。 


“The country’s federal statutory body that manages the compulsory savings plan and retirement planning for private sector workers in Malaysia, for example, has one of the most competitive mandatory retirement savings rates in the world.



“In addition, Malaysian banks are well capitalised, which has increased their ability to finance and loan to small businesses. 



“Equally, as a wealthy middle class grows, there’s been a push to create a retail investment culture by reducing state-owned stakes in government-linked companies and encouraging stock purchases across the population that encourages intelligent risk-taking,” she said.



Meanwhile, Principal noted that Malaysia ranks in the top half of the table overall, in terms of investment implications, with the country ranking well compared with other emerging economies for employer support.



The firm viewed that Malaysia’s results indicate a stage of development where economic growth, based on the right conditions at the government level, can be accelerated rapidly by the private financial sector.



Principal Southeast Asia Chief Investment Officer for Malaysia and Equities Patrick Chang said Malaysia’s scores across indicators like business confidence and access to credit, suggest the economy has reached a point in its development where businesses can borrow with confidence, enabling investment for the future.

马来西亚和股票首席东南亚首席投资官Patrick Chang表示,马来西亚在商业信心和获得信贷等指标上的得分表明,经济已经达到了企业可以放心借贷的地步,从而为未来提供投资。


"We feel positive about Malaysia’s long-term investment prospects, reflected by our equity investments in local companies and significant human capital commitment,” he added.



The Global Financial Inclusion Index, which is built around three pillars — government support, financial system support, and employer support — examines the extent to which each of these pillars provides the relevant tools, services and guidance to enable their populations to achieve greater levels of financial inclusivity.



The index was conducted in partnership with the Centre for Economics and Business Research (CEBR), with methodology that combines various data sources into one unified measure of financial inclusion at the market level.

该指数是与经济和商业研究中心 (CEBR) 合作开展的,其方法将各种数据源组合成一个统一的市场层面普惠金融衡量标准。