Malaysia confident of attracting more foreign investment this year


Tengku Zafrul Abdul Aziz said in an interview that incentives had traditionally been linked to the size of investments, but that they could also focus on "soft skills." (Pic shows Malaysia's Finance Minister Tengku Zafrul speaking during an interview with Reuters in Putrajaya, Malaysia, April 5, 2021. REUTERS

KUALA LUMPUR: Malaysia is confident of attracting more foreign investment this year after a big decline in 2020, and is looking at incentives to help support that goal, its finance minister said on Monday.

Tengku Zafrul Abdul Aziz said in an interview that incentives had traditionally been linked to the size of investments, but that they could also focus on "soft skills."

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!

Next In Business News

Trading ideas: IJM, Dayang, Mitrajaya, KKB, Greentronics, LFE, Swift, ICT Zone, PJBumi, Reservoir Link, MyTech, Reneuco. One Gasmaster, ISF, Ancom Nylex
IMF raises Malaysia's real GDP growth forecast to 4.3% for 2026, 2027
Oil rises on Kazakh supply disruptions, upbeat data
Wall St posts biggest daily drop in three months
Sarawak Oil Palms eyes higher dividends amid�strong earnings
Ancom Nylex reports better 2Q net profit
MyTech takeover bid turns unconditional�
Benign inflation supports Malaysia growth outlook
ESG themes to shape investment decisions
Trade performance hits another high last year

Others Also Read