Malaysia records 350% increase in FDI this year in first nine months

Finance Minister Lim Guan Eng says Malaysia will find it challenging to meet its 3% fiscal deficit target for next year due to uncertainties around the US-China trade war.

GEORGE TOWN: Malaysia recorded a 350% increase in foreign direct investments (FDI) within the first nine months of the year compared with the same period last year.

Finance Minister Lim Guan Eng, said FDI growth was "very evident" in the last five months and was encouraging for the economy and the country's leadership.