KUALA LUMPUR (Aug 29): London Stock Exchange Group (LSEG) has launched it new flagship office in Kuala Lumpur. In a press release issued on Tuesday (Aug 29), the financial services provider stated that the launch highlights their commitment to fostering economic growth in Malaysia and nurturing local talent.

LSEG is headquartered in the UK, and is a financial markets infrastructure and data provider operating in over 70 countries. Since 2002, LSEG has provided vital indices, global data, analytics, and capital markets services in Malaysia's financial landscape.

Malaysia’s minister of investment, trade and industry, Tengku Zafrul Tengku Aziz expressed support and welcomed international businesses that align with Madani Economy principles. 

He stated, "The launch of LSEG's flagship office in Kuala Lumpur is a recognition of Malaysia’s pro-business, pro-investment stand in attracting foreign companies to locate their operations here while creating high-value career opportunities that nurture domestic talent. This endorsement of Malaysia's status as a premier investment destination will strongly encourage us to continuously invest towards making Malaysia the gateway to Southeast Asia”

According to LSEG’s group head of customer operations, Thomas Frossell, “The establishment of this office underscores LSEG’s dedication to providing market infrastructure solutions pivotal for the country's globalisation efforts, foreign capital attractiveness, and integration of global best practices into the local financial ecosystem. This collaboration also comes in tandem with our fruitful partnership with Bursa Malaysia to enhance sustainability reporting standards across the country.”

InvestKL CEO Datuk Muhammad Azmi Zulkifli added: “We take pride in facilitating a leading global name such as LSEG into Greater Kuala Lumpur and further realising their goals through deeper local ecosystem collaborations. LSEG’s decision to expand its footprint is a resounding testament to Malaysia’s ease of doing business, talent capabilities and highly developed digital infrastructure. We look forward to support LSEG’s growth plans in the region and further elevate GKL as a competitive investment hub for innovation and sustainability activities.”