Daily Market Report (25 Oct 2019)
- The recent concluded SCxSC 2019 Fintech conference has reinforced the digital agenda of Malaysia in embracing and facilitating the growth of fintech companies.
- Budget 2020 has shown the government foresight in accelerating digitalisation of companies to head towards IR 4.0 as we move up the E&E value chain.
- We believe interest in these sectors will continue to perform from the recent incentives announced in the Budget 2020. This will benefit technology related companies such as UWC, Dufu, Mi Technovation and Revenue.