KUALA LUMPUR: United Overseas Bank (M) Bhd foresees foreign direct investment (FDI) inflows into Asean to surpass China for the first time this year, after falling behind for over a decade.
In a statement yesterday, its economist Julia Goh said the stock of FDI accumulation in Asean has been rising at a steady annualised rate of 15% since 1980.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!