Malaysian Prime Minister Anwar Ibrahim will announce his third budget on Friday, following a good 2024 for the Southeast Asian economy. The country’s economy is growing faster than expected, investors are flocking to its stock market, and companies like Microsoft and Google are pledging billion-dollar projects.
The Kuala Lumpur Composite Index, which tracks the 30 largest companies on the Malaysian exchange, is up almost 13% this year, making it one of the region’s best performers.
