Doing more to attract FDI flow

Socio Economic Research Centre’s executive director and senior economist Lee Heng Guie said things could be better this year but he felt the government should do more amid the downturn to attract higher FDI inflows.

PETALING JAYA: The Covid-19 pandemic has caused foreign direct investment (FDI) into Malaysia to plunge and economists feel more has to be done to reverse the trend.

“This is not unexpected and if you compare it with other countries in the region, it is not an isolated trend, ” Socio Economic Research Centre’s executive director and senior economist Lee Heng Guie (pic) told StarBiz.