Malaysia is planning a shift away from traditional, collateral-based financing methods, according to Deputy Finance Minister Datuk Seri Liew Chin Tong. The move aims to better support the growing technology sector and foster innovation within the country’s economy. Traditional financing often poses challenges for tech companies that may lack substantial physical assets to offer as security. Developing alternative financing models will therefore unlock capital for these businesses. This strategy signals a commitment to economic reform and a future-focused financial system. The government believes that reducing reliance on collateral will encourage entrepreneurship and drive economic growth in the technology space. This change is expected to create a more accessible and inclusive financial landscape for Malaysian businesses.