Tengku Zafrul said investor confidence could also be seen through the recent launch of Bandar Malaysia that had the potential to have a multiplier effect on various sectors of the country’s economy.
PETALING JAYA: While the world grapples with Covid-19, market confidence in Malaysia remains strong, particularly from foreign investors, based on investments of RM23.1bil in the bond market up till August, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
He said the ringgit had also emerged as one of the strongest currencies in South-East Asia, driven by the government’s ongoing initiatives in managing Covid-19.
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