UOB: Investment approvals rise 51.5% y-o-y to RM177.8bil in Jan-Sept 2021

KUALA LUMPUR: Malaysia’s total investment approvals rose 51.5 per cent year-on-year to RM177.8 billion in the period of January-September 2021 versus RM117.4 billion in January-September 2020, UOB Malaysia senior economist Julia Goh said.

She said the manufacturing sector accounted for the largest share of total investments amounted to RM103.9 billion followed by the services sector at RM57.8 billion and the primary sector at RM16.1 billion.