Malaysia is next best bet - Country can position itself as viable alternative to S’pore

PETALING JAYA: With some Japanese multinational corporations (MNCs) looking beyond Singapore to base their regional headquarters due to the rising cost there, Malaysia has what it takes to position itself as a viable destination, say economists.

Sunway University economics professor Dr Yeah Kim Leng said Malaysia’s investment promotion efforts and its rising competitiveness in attracting multinationals to relocate from Singapore and elsewhere are gradually bearing fruit.