JAKARTA: Malaysia has continued to expand its investments in Indonesia with the signing of five memorandums of understanding and agreements that will be sealed by the private sectors of both countries worth US$3.1bil (RM12.88bil).
Prime Minister Datuk Seri Ismail Sabri Yaakob said Malaysia’s total investments in Indonesia amounted to US$12.53bil (RM52.04bil) while Indonesian investments in Malaysia were worth US$1.16bil (RM4.82bil) in the second quarter of the year.
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