Malaysia registers net liabilities of RM79.9b as at end-June

KUALA LUMPUR: Malaysia's net international investment position registered net liabilities of RM79.9bil as at the end of the second quarter of the year, according to the National Statistics Department. 

Malaysia's financial liabilities position in this quarter increased to RM1.762 trillion as against RM1.741 trillion in the preceding quarter while total assets was RM1.683 trillion from RM1.670 trillion. 

The total assets comprised RM305.4bil in (52.6%) equity and investment fund shares and RM275.4bil (47.4%) in debt instruments. Liabilities were segmented into RM529.7bil (76.8%) in equity and investment fund shares and RM160.4bil (23.2%) in debt instruments.

In a statement, the government agency said direct investment abroad (DIA) amounted to RM481bil,  mainly in the financial & insurance/ takaful activities, mining & quarrying and agriculture sectors.

The foreign direct investment (FDI) in Malaysia was RM590.3bil, slightly higher from RM587.7bil in the previous quarter.

The manufacturing sector was the highest FDI recipient, followed by financial & insurance/takaful activities, and the wholesale & retail trade sector.

The agency noted that Singapore, Indonesia and Cayman Islands were the top destinations for Malaysian DIA while countries that contributed the highest FDI were Singapore, Japan and Hong Kong.