In relation to India, Mukul G Asher of DNA reports that the New Economic Model will encourage business with India and Indian immigrants, who are currently underrepresented in the Malaysian economy.
“As Indian ethnic groups in Malaysia lags substantially behind other groups, improving their status, even in absolute terms, will enable Malaysia to realize its development goals, while enhancing possibilities for cooperation between Malaysian and Indian businesses.”
For more stories on Malaysia, visit our Malaysia category. There are several ways to play the shifts in the Asian economy, including with these three funds:
- iShares MSCI Malaysia Index Fund (NYSEArca: EWM): up more than 16% YTD (August 6)
- iShares MSCI Singapore Index Fund (NYSEArca: EWS)
- WisdomTree India Earnings Fund (NYSEArca: EPI)
Sumin Kim contributed to this article.