Malaysia Awarded the Most Vibrant Investment Ecosystem in Asia at World Business Angels Investment Forum

The WBAF 2020 event was held in Istanbul from 17-18 February 2020. This annual event represents the largest gathering of representatives from early-stage equity and investment markets, providing opportunities for start-ups and scale-up companies to pitch their businesses on a global fundraising stage.

This year, Dato’ Lokman Hakim Ali, Secretary-General of the Ministry of International Trade and Industry (MITI), together with the Malaysian Investment Development Authority (MIDA), was invited to participate in WBAF 2020. Dato’ Lokman was a panellist in the Ministerial Roundtable.

During the session, he shared Malaysia’s perspective of angel investors and welcomed the delegates to leverage Malaysia’s vast business opportunities. The icing on the cake was Malaysia being awarded the most vibrant investment ecosystem in Asia during WBAF World Excellence Awards. Thailand and Singapore were the other nominees under the same category.

This Award acknowledges countries and companies that stand out in imagining, discussing and shaping the future of an entrepreneurial world. Malaysia received this Award as a result of the consistent annual increase of FDI inflows and the conducive the business ecosystem within the country.

Moving forward, MITI, through MIDA, will continue to encourage and facilitate the growth of start-ups and scale-up companies as entrepreneurship can significantly influence the future, offering new ways to increase economic opportunities and cooperation.