UOB Malaysia expects investments to regain momentum next year


KUALA LUMPUR: United Overseas Bank (Malaysia) Bhd (UOB Malaysia) expects overall investments in Malaysia to regain momentum between 2021 and 2022.

The bank said this would be driven by the government’s focus on reviving the investment climate and the Malaysian Investment Development Authority’s (MIDA) ongoing efforts to lure and expedite investment approval process, as well as business opportunities emerging from a post-pandemic new normal and gradual economic recovery.

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UOB Malaysia , investments , MIDA , PACU

   

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