However, while business sentiment has begun to pick up steam, domestic investment remains below pre-pandemic levels as many businesses across different industries take a wait-and-see approach to new investments and expansion.
This is highly important considering foreign direct investments are evolving to be geographically diverse with a shift in focus towards South-East Asia as multinational corporations seek to reduce reliance on China. “It is now key to monitor and measure the implementation of the budget closely against the desired objectives, ” according to Dass.
Manokaran also lauded the fact that the development expenditure provided under Budget 2021 was also the highest on record. Concurring with Manokaran, MIDF Research economist Mazlina Abdul Rahman said acceleration of government investment activities through infrastructure projects highlighted in Budget 2021 will create substantial job opportunities and have spillover effects to employment in other sectors.
🤭🤭🤭. With a government that got into power via backdoor by forming with BN, who happens to be world renowned for keeping an eye close when their PM is stealing billions from the country via 1MDB? We will advise any investors to think twice.
Pelabur di negara ni pun tengah pikir bagaimana nak pindah ke negara jiran dah... masih nak menarik pelabur dari luar... Takkanla pelabur luar tu bodoh sangat...
A budget trying to ride out this pandemic but I was hoping we could put more in developing our natural resources especially in the agricultural sector. Create more jobs in this sector reducing rural migration.
lol majoriti pun takda ada hati nak tarik pelabur luar. dah berapa lama pelabur luar tak melabur sejak kerajaan haram naik? langsung tiada 😂😂😂
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