Post Budget 2020: Outlook and Perspectives for the Economy & Capital Market Businesses

Speaker:
YB Dr Ong Kian Ming Deputy Minister Of International Trade And Industry (MITI)

Interviewer:
Kamarul Bahrin Haron Deputy Editor-in-Chief, Astro Awani

In this session, YB Dr Ong Kian Ming will provide a macro perspective on Malaysia’s economy with emphasis on the capital market. He will then highlight the salient points of the Budget 2020 concerning shared prosperity and sustainable and inclusive growth. Additionally, he will deliberate on risk scenarios caused by the ongoing trade war between the US and China as the Government seeks to capitalise on trade diversions to Malaysia.

In this session, the Panelists would cover analysis breakdown of the 2020 Budget and its potential impact on Malaysia’s economy and specifically capital market. They would deliberate on the four thrusts anchoring the 2020 Budget:

FIRST : Driving Economic Growth in the New Economy and Digital Era
SECOND : Investing in Malaysians: Levelling Up Human Capital
THIRD : Creating a United, Inclusive and Equitable Society
FOURTH : Revitalisation of Public Institutions and Finances

Highlights would be on these strategies:

Strategy 1: Making Malaysia the Preferred Destination for Investment
Strategy 2: Accelerating the Digital Economy
Strategy 3: Strengthening Access to Financing for Businesses
Strategy 4: Strengthening Economic Diversity

Moderator:
Kamarul Bahrin Haron Deputy Editor-in-Chief, Astro Awani

Panelists:

1. Encik Johan Mahmood Merican Director, National Budget Office, Ministry of Finance
2. Dr. Mohd Afzanizam Abdul Rashid Chief Economist, Bank Islam Malaysia Berhad
3. Dr. Veerinderjeet Singh Group Chairman, Axcelasia Inc
4. Ms Lee Jim Leng Managing Director and Chief Executive Officer, Hong Leong Investment Bank