Follow us on Twitter Find us on Facebook

YTL CORPORATION

YTL SUSTAINABILITY

UTILITIES
YTL POWER INT.

CONSTRUCTION
YTL CONSTRUCTION

MANUFACTURING
YTL CEMENT

PROPERTY DEVELOPMENT
YTL LAND & DEV.

REIT
YTL HOSPITALITY REIT
STARHILL GLOBAL REIT

TECHNOLOGY
YTL E-SOLUTIONS

COMMUNICATIONS
YTL COMMS.
YTL BROADBAND

EDUCATION
YTL FOUNDATION
FROGASIA
FROG EDUCATION LIMITED

TRANSPORTATION
EXPRESS RAIL LINK

CARBON CONSULTING
YTL-SV CARBON

ENTERTAINMENT
KL PAC

RESTAURANTS
LOT 10 HUTONG
FEAST VILLAGE
SHOOK! SHANGHAI

SHOPPING
L0T 10 SHOPPING CENTRE
STARHILL GALLERY
WISMA ATRIA
NGEE ANN CITY
RENHE SPRING ZONGBEI
DAVID JONES

HOTELS & RESORTS
YTL HOTELS

ADVOCACY PROJECTS
YTL CCW
EARTH HOUR

REWARDS
YTL PLATINUM PLUS


Malaysia's foreign direct investment soars to $14b

   

The Straits Times, February 22, 2012

By Hazlin Hassan, Malaysia Correspondent

 Malaysia's net foreign direct investment (FDI) inflow surged to RM32.9 billion (S$14 billion) last year, surpassing pre-Asian economic crisis levels by RM3.8 billion.

Nearly 72 per cent of the investments came from Asian economies, International Trade and Industry Minister Mustapa Mohamed said yesterday, adding that the country will continue to maintain the same figure this year despite the uncertain global economy.

Japan topped the list of FDI inflow, followed by South Korea, the United States, Singapore and Saudi Arabia.

Manufacturing was the largest contributor to FDI at RM16.5 billion, followed by services (RM9 billion) and mining (RM7.3 billion).

Quarrying was also a top-performing sector, and together with mining, recorded a 132 per cent increase in investments.

Sarawak drew the highest amount of approved investments at RM14.35 billion, followed by Penang (RM14.04 billion), Sabah (RM13.68 billion), Selangor (RM13.5 billion) and Johor (RM12.6 billion).

'The growth can be attributed in part to projects launched under the government's Economic Transformation Programme,' Bank Islam chief economist Azrul Azwar told The Straits Times, referring to a programme meant to revive the country's slowing economy through direct investments.

However, he said only real inflows should be counted as approved investments may not materialise. He added that the rebound in investor sentiment last year was in line with global trends.

Global FDI inflows rose by 17 per cent to US$1.5 trillion (S$1.9 trillion) last year, according to the United Nations Conference on Trade and Development Global Investment Trends Monitor last month.

CIMB Bank chief economist Lee Heng Guie said there were positive factors on the domestic side to attract FDI, but he predicted a more moderate growth for this year. 'Due to the very uncertain external environment, major advanced economies are still trying to recover. Domestic investors may also be cautious due to weak exports. There are positive factors but these are neutralised by external headwinds,' he added.





Back
  19 May 2017
10:07:53 AM
Amazon's 49,000% Gain: The Most 'Super' of 'Superstocks' Since 1926  
 
  19 May 2017
9:31:54 AM
Putin-Xi embrace masks misgivings on Belt and Road project  
 
  19 May 2017
11:11:29 AM
At Cannes, a Rich History of Capturing Politics, Mores and Film Icons  
 
  19 May 2017
11:00:51 AM
Pahang biker teacher rides into hearts of social media users  
 
  19 May 2017
10:54:05 AM
Rogue cops exploiting loopholes to earn dirty money  
 
  16 May 2017
10:12:26 AM
Microsoft sees its future at the 'intelligent edge'  
 
  19 May 2017
12:30:19 PM
Silicon Valley has too much power  
 
  19 May 2017
11:09:22 AM
Singapore frees up land for high-tech farming  
 
  19 May 2017
11:06:10 AM
All About Bitcoin, the Mysterious Digital Currency  
 
  19 May 2017
9:37:49 AM
More Singapore companies consider moving to Hong Kong bourse  
 
 
 

Contact Us | Newsletter | Career | Privacy Policy
Twitter | Facebook
 
Terms, Conditions and Disclaimers
Copyright © 2001 - 2017 All rights reserved.
Powered by YTL e-Solutions Bhd.