MCA chief demands govt strategy to stem foreign fund outflows from Bursa

MCA president Wee Ka Siong has pressed the government to outline concrete measures to address the persistent outflow of foreign funds from Bursa Malaysia, citing the need to restore investor confidence in the country's financial markets. The party leader's remarks underscore growing concerns about Malaysia's ability to attract and retain international capital amid regional economic uncertainties. Wee's statement reflects broader unease within Malaysia's business and political establishment regarding the recent decline in foreign participation on the local bourse. The MCA president stressed that policymakers must articulate a clear strategy to reverse the trend and demonstrate Malaysia's commitment to maintaining a competitive investment environment. Market analysts have attributed recent foreign fund movements to various factors including regional investment shifts, global interest rate considerations, and concerns about domestic economic performance. Without decisive action to rebuild foreign investor confidence, market observers warn that sustained capital outflows could weigh on the ringgit and limit financing options for Malaysian companies seeking growth capital.