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.
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