Lim said the approved FDI rose by 73.4 per cent compared to the RM16.9 billion for the same period last year. — Picture by Yusof Mat
“As a result, foreign direct investment into Malaysia has increased drastically. Additionally, industrial production growth in April 2019 has accelerated to a 6-month high amid an environment of low and stable inflation,” Lim said in a statement. He attributed the industrial growth to increases in manufacturing and output in mining, both sectors which had been dampened in the previous quarter.
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