Project cancellations not spooking foreign investors, says Guan Eng

KUALA LUMPUR: The Finance Minister has denied that the government’s cancellation or review of certain projects has spooked foreign investors away from the equities market.

Lim Guan Eng said there were several external factors that have dampened the market, citing the ongoing trade war between China and the United States, and the diplomatic tensions between the Middle East and the United States, following the disappearance of Washington Post journalist Jamal Khashoggi, who is believed to have been brutally murdered by the Saudi regime.