KUALA LUMPUR: Hong Kong was Malaysia’s top source of foreign direct investment (FDI) in the final quarter of 2013, compared with ninth spot the year before.
In 2013, Hong Kong-Malaysian trade total trade rose 1.7% to US$14.65bil, of which, US$4.9bil accounted for FDI outflow from Malaysia into Hong Kong in the last quarter. This was conveyed at a press conference by the Hong Kong Trade Development Council deputy executive director Margaret Fong, who urged Malaysian small-medium enterprises to bring their businesses into Hong Kong.
