THE weak inflow of foreign direct investment (FDI) into Malaysia has remained a key concern since the Asian financial crisis period. It has not helped any that the country's manufacturing sector's recovery is lagging owing to more current external concerns such as the threat of war and weak confidence in some of Malaysia's major trading partners.
Recently released statistics show that while investment applications last year rose by more than 10 per cent year-on-year to RM18.8 billion, the value of approved foreign direct investments was RM11.2 billion, a sharp 41 per cent drop from RM18.9 billion in 2001.
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!
