KUALA LUMPUR: Malaysia has a strong potential to emerge as a global physical gold trading hub, supported by a business-friendly policy environment, an integrated industry ecosystem and the upcoming Malaysia Gold Industry Principles (MGIP).
Malaysia Gold Association (MGA) president Louis Ng said Malaysia’s strengths include coherent government policies, driving the healthy growth of the gold industry.
“Malaysia has strong potential to become a global physical gold trading hub, because our government is always setting the right policies for the healthy growth of the precious metals industry, especially gold,” he said during a press conference at the Malaysia Gold Conference here today.