RHB Investment Bank anticipates the upcoming budget to focus on automation, technology and sustainability. In its market strategy note, head of regional equity research Alexander Chia said that a drive for digitalisation could bring benefits for companies that focus on digital software development and integrated payment platforms. Chia also saids that with an evolving geopolitical environment, investors continue to be cautious on the prospects of risk assets and some will be left on the fence due to limited visibility for what is to come in 2023.

Source: The Edge