WHEN the fourth quarter (Q4) gross domestic product (GDP) data was released last month, one of the most startling revelations made by Bank Negara was the surprise jump in net foreign direct investments (FDIs) that were registered for the quarterly period.
As we are aware, Malaysia has not been doing well in attracting large FDIs for a while now and the performance for 2020 was a talking point among many economists and market enthusiasts as net FDIs for the year then fell to just RM14.6bil, down 54.7% year-on-year (y-o-y).
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