Over 160 valuation practitioners from six continents shared valuation developments in their countries during the IACVA 2016 Malaysia International Business Valuation Conference in Kuala Lampur. BVR was happy to be involved with this conference, which brought together appraisers from Africa, Asia, Australia/Oceania, Europe, North America, and South America to present insights on business valuation theories and practices in today’s global economy.

Significant growth: The conference opened with remarks by Malaysia’s deputy minister of finance, Dato’ Othman Bin Aziz, who discussed the importance of business valuation to the Malaysian economy. He said that the Malaysian Ministry of Finance wants to increase the number of ICVS professionals from the current 39 to 1,500 over the next 10 years. He discussed how business valuation skills have become indispensable in the economic crossroads of Malaysia, and his bright outlook for the future of BV in Malaysia drew an enthusiastic response from the attendees.

For more on the conference, click here. Next year’s International IACVA Conference will be in Shenzhen China during September 2017 or October 2017.