Tuesday, July 04, 2006

Malaysians Showing a lot of Interest In Foriegn Investment..

I thought, most of Malaysian are very negative about foriegn investment. Based on my experience, when talking about foriegn investment, thier first impression is Scam!!.. Some of them is very narrow minded, they even don't want to accept any fact about foriegn investment or event the words of FORIEGN INVESTMENT its self. hahahaha.. I'm not saying about average people, but I have this experience when dealing with an educated people(with an attitude of I know everything, even better than you). I just want to tell them that, its a fact and now it has been a significant wave that swept all over the globe.

However recently, Malaysian shows a significant interest in Foriegn Investment.
I'm pleased with a statement made by Piyush Gupta, Citi Group Country Officer and CEO Citibank Berhad. (taken from starbiz,pg B4, 4 july 06)

Here are The answer by Piyush Gupta, When he was ask by reporter(The CEO Survey, H1 2006) on How is Citibank coping with the TRENDS in the World and Local Economy?

  • "Malaysian have taken a lot of interest in foriegn investment opportunities with the liberlisation of foriegn administration last year. Evidance includes over RM6bil assets invested in Mutual Funds with mandates to invest fully in foriegn equities/assets (since July 05)"Piyush Gupta, CEO Citibank Berhad.
  • "We also ride the wave of liberlisation that sweeping the Globe. In Malaysia Itself, the move by Bank Negara to allow residents to invest abroad has been positive to Citibank as investors continue to seek to diversify their portfolio and obtain better return."Piyush Gupta, CEO Citibank Berhad.
  • "Foriegn currency deposits also picked up and there is an increasing demand for STRUCTURED PRODUCTS (either as a hedging tool or for investment purposes)"Piyush Gupta, CEO Citibank Berhad.
  • "At Citibank, we continue to leverage on advancements in technology to improve product and service offerings, accordingly. We anticipate on going focus on cutting edge products that allow us to everage technologies in coming day."Piyush Gupta, CEO Citibank Berhad.

Then, what should I say... you can choose whether to follow the trends or you'll be left behind. There are financial products currently offered on-line such as HSBC - OFFSHORE(Product:UK On-line Growth Fund) and SWISS MUTUAL FUND (1948) S.A (Product: Swisscash)...

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1 comment:

Ali Hamza3 said...

It is true that many Malaysians are showing an increasing interest in foreign investment, including forex trading. The accessibility and global nature of the forex market have made it attractive to individuals seeking investment opportunities beyond their domestic markets.

Forex trading offers Malaysians the opportunity to diversify their investment portfolios and potentially benefit from currency fluctuations. It allows them to participate in the global economy and take advantage of opportunities in various currency pairs.

However, it's important for Malaysians, like any other individuals interested in forex trading, to approach it with caution and consider the following:

Regulatory compliance: Ensure that you engage with reputable brokers and platforms that are regulated by relevant financial authorities. This helps protect your interests and ensures a fair and transparent trading environment.

2:39 PM

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