Foreign investment momentum not affected by OPR cut | The Malaysian Insight

  • 📰 msianinsight
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Foreign investment momentum not affected by OPR cut

Deputy Finance Minister Amiruddin Hamzah says Bank Negara’s OPR cut will not affect the momentum of foreign direct investment the country currently has. – The Malaysian Insight file pic, January 23, 2020.

THE foreign direct investment inflow momentum is expected to continue despite the cut in the overnight policy rate as investor confidence in Malaysia’s economy remains strong, said Deputy Finance Minister Amiruddin Hamzah. He said the economy’s intact fundamentals and competitiveness as well as the government’s prudent moves to ensure a good fiscal environment have also enhanced investor confidence.

Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSİNESS

Business Business Latest News, Business Business Headlines