Wednesday, 27 Jan 2021 04:03 PM MYTMalaysia saw a massive dip of 68 per cent in total FDIs in 2020 but the report showed the Philippines saw a 29 per cent jump in FDIs. — Reuters pic
He added that the “Covid-19 pandemic must not be used as an excuse for poor FDI inflows, as it is proven other Asean countries were lesser impacted by the global pandemic.” Malaysia saw a massive dip of 68 per cent in total FDIs in 2020 but the report showed the Philippines saw a 29 per cent jump in FDIs, while other Asean nations also performed better than Malaysia.
“Naturally foreign investors will be turned off by the perception of high levels of corruption and breakdown in the rule of law. Their investments may be jeapordised due to out-of-control economic crime.
Wrong advise. Needed to look at more data for conclusion. Malaysia is having large surplus in trade account. No country can hv growth in both export and capital account, or adjustment can be dicey and painful. Infact, quite contrary we need to invest overseas for balancing.
Thanks for sharing my thoughts on this issue
Do you actually know how foreign investors view our country now? The bureaucratic red tape is a mile long.The racial and religious politics is too dangerous to navigate.The political situation in Malaysia is too volatile to determine what happens in the next 6 months,so how?
Apple and intel just moved some operations from china. Not even close to considering here. Tesla chose Indonesia. Reverse gear now. Everyone else passing us by while the stupid Govt is trying to call which crony gets the investment so they move on.
Can meh with all the 1/2 past 6 ministers!!!
It's Acclivitous efforts!
Look at discriminating policies
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