Need to boost FDI




PETALING JAYA: Eleven years ago during the Global Financial Crisis, Malaysia’s approved private investments almost halved while the net foreign direct investment (FDI) took a 78.6% plunge.

That situation would likely repeat this year on the back of a double whammy of the coronavirus (Covid-19) pandemic and oil price rout.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
FDI , boost , need , investments , manufacturing , services , Lee , Dass , Goh ,

Next In Business News

Ringgit ends lower as firmer US dollar weighs on market
Infomina posts higher 2Q profit, declares 1.35 sen dividend
SkyGate acquires property investment firm for RM76mil
Berjaya Land proposes name change to Berjaya Property
SCIB shareholders approve rights issue, share capital reduction
SC Estate Builder to acquire 25% stake in non-operational hotel for RM18.79mil
FBM KLCI on a roll, notches fifth straight gain
China central bank to cut some sector-specific rates to boost economy
Ericsson plans to shed 1,600 jobs in Sweden
South Korea to keep monitoring US chip tariffs to minimise impact, industry minister says

Others Also Read