Parliament: Motion to debate FDI outflow rejected


  • Nation
  • Monday, 24 Nov 2008

KUALA LUMPUR: Deputy Dewan Speaker Datuk Ronald Kiandee rejected Opposition leader Datuk Seri Anwar Ibrahim’s motion for Budget 2009 to be postponed temporarily to debate a United Nations report on Malaysia’s foreign direct investment (FDI) outflow.

The UN Conference on Trade and Development World Investment Report 2008 said that Malaysia’s FDI outflow had touched RM38bil compared with its RM29bil inflow, resulting in the country experiencing a net outflow of RM9bil, Anwar said.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Azam Baki reappointed MACC chief until 2025
Sarawak Legislative Assembly observes a minute's silence for Mutang Tagal
Five major events planned for Hari Gawai, says S'wak minister
First date shocker: Woman 'jilted' as beau runs from the cops
KL Sentral redevelopment project to commence end-2024, says Loke
7,380 litres of misappropriated diesel seized in Penampang
75-year-old woman among four nabbed in RM4mil drug bust in Pontian
Van driver gets death sentence for murdering two women
Education Ministry will consider proposals to release SPM results earlier, says Wong
Accelerate pace for AI use in the country, says Anwar

Others Also Read