Watch our webinar on Positioning for megatrends in Malaysia. Although there are some worries, such as the increasing chance of a recession and the potential for stubborn inflation, there are also grounds for hope. For instance, China's tourism expenditures and the Federal Reserve's quicker-than-anticipated pivot could spark a market rally. We believe that these market conditions often provide opportunities for a significant upswing in the future.

In Malaysia, we are also gaining from the "China Plus One" and foreign direct investment, infrastructure initiatives, and clarity in policies following the 2023 Budget.¹ Our approach entails evaluating technology firms specializing in electric vehicles, industrial semiconductors, software, and integrated circuit design.¹ Moreover, we are monitoring industries that have suffered significant losses, but the outlook could start to improve, such as gloves and consumer goods that benefit from cost stabilization.

Source: ¹ The Star, 7 March 2023