Can Malaysia’s aviation industry shed bureaucratic baggage and take flight? Here’s what Mavcom prescribed prior to merger bid in 2020According to the Department of Statistics Malaysia, the country recorded foreign direct investment net inflows of RM40.4 billion in 2023 from RM75.4 billion the previous year. — Picture by Yusof Mat IsaKUALA LUMPUR, June 26 ― Malaysia recorded foreign direct investment net inflows of RM40.4 billion in 2023 from RM75.
“This was in line with the United Nations Trade and Development's 2024 Global Investment Trends Monitor report which highlighted that the FDI inflows to developing countries had declined about nine per cent to US$841 billion in 2023.“Notably, FDI to developing Asia dropped around 12 per cent to US$584 billion, with Asean's FDI decreasing about 16 per cent,” he said in a statement today.
It said on average, the return on investment for FDI companies in 2023 fell to 10 sen for every RM1.00 of investment from 12 sen in the previous year.Concurrently, Malaysian companies received six sen for every RM1.00 of investment made abroad, it added.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: staronline - 🏆 4. / 75 Read more »
Source: staronline - 🏆 4. / 75 Read more »
Source: staronline - 🏆 4. / 75 Read more »
Source: staronline - 🏆 4. / 75 Read more »
Source: staronline - 🏆 4. / 75 Read more »