, a region covering 2, 200 sq. km. located in the state of johor, in the south of peninsular malaysia. up to usd100 billion investments in the region are expected over the next 25 years. as at the end of april 2008, more than usd10. 4 billion of investment have been committed by investors, accounting for about 70 percent of the usd15 billion investment targeted by 2010. the targeted sectors identified for development in the region are financial advisory and consulting services ; creative industries ; logistics ; educational services ; tourism related services ; and healthcare. as an international islamic financial hub in the asian region with a track record of almost three decades in islamic finance, malaysia is well positioned to promote stronger economic linkages between our two regions. malaysia is not only already highly integrated to the asean region and to the greater asia, but also has own initiatives and exciting development projects. on that note, it is our hope that the malaysia country showcase be an engaging event for the business and financial communities from this region and the malaysian delegation. it is hoped that this greater engagement will lead to increased economic and financial ties between our regions. thank you.

##s to plan ahead to secure a sustainable future. looking ahead into the future, it is important for us to be agile and to continuously innovate in facing emerging challenges and the fast changing environment. while the pandemic taught us the importance of economic and financial resilience, it also paved the way for a rapid adoption of digital financial services. this is evidenced by the world bank's finding in their global findex 2021 report which revealed that 79 % of malaysian adults use digital payments, of which 42 % did so for the first time after the pandemic. 2 / 4 bis - central bankers'speeches while the rising importance of digital financial services is welcomed, the adoption of such services without sufficient understanding and knowledge could pose risks to consumers. malaysian consumers are vulnerable to the manipulation of online frauds due to low level of digital financial literacy. common mistakes that led to consumers being scammed include sharing bank account passwords or pin numbers, not paying attention to the legitimacy of a website before making transactions and also clicking on suspicious links a€ “ all of these enable scammers to commit fraud more easily. in our recent publication of the financial stability report, we shared some of the findings of the financial capability and demand survey which bank negara conducted recently. among other findings from the survey, a troubling finding is that, more than a third or 37 % of respondents stated that they have no issue or are willing to share their bank accounts passwords or pin numbers with their close friends. this reflects the lack of understanding on the importance of being vigilance and safeguarding our banking information. as financial transactions and services become increasingly digitalised, malaysians must learn to be more responsible in managing their financial information, well - informed and sensible in assessing investment opportunities, while at the same time increase their vigilance against scams. this is where you, as practitioners, could enhance your role as consumers advocates. it is important for financial planners to continuously provide awareness and alert clients against the latest frauds and scams. public awareness, alongside preventive measures and coordinated enforcement actions, must be elevated to combat this crime and safeguard the hard - earned finances of malaysians. once consumers are sufficiently equipped with the knowledge on using digital financial services responsibly and have a high level of trust in the reliability and security of online services, only then can we reap the full benefits of digitalisation. this ties in with one of bank negara malaysia's aspirations in