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Tengku Datuk Seri Zafrul Abdul Aziz said the accumulated net foreign inflows of RM18.3 billion recorded by Malaysia s bond market in 2020 reflects yield-hunting activities and, to some extent, represents the confidence of the capital market in the country s policies and direction over the next few months KUALA LUMPUR: The accumulated net foreign inflows of RM18.3 billion recorded by Malaysia s bond market in 2020 reflects yield-hunting activities and, to some extent, represents the confidence of the capital market in the country s policies and direction over the next few months, said Tengku Datuk Seri Zafrul Abdul Aziz.
The Finance Minister said although Bank Negara Malaysia has cut the Overnight Policy Rate (OPR) to record low of 1.75 per cent, there is room for the central bank to take action in terms of monetary policy.
Published on: Saturday, January 30, 2021
By: Bernama
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Kuala Lumpur: The Malaysian Investment Development Authority (Mida) has identified 240 high profile foreign investment projects in the manufacturing and services sectors with a combined potential investment value of RM81.8 billion that are being negotiated and targeted in 2021.
Mida has thus far received and evaluated RM47.7 billion worth of potential investments into the country.
“These projects, once approved, are expected to be implemented within the year 2021 to 2022,” said Mida in a statement Friday.
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Assuring that investment intentions remain healthy, it said Malaysia recorded a RM109.8 billion worth of approved investments in the economy particularly manufacturing, services and primary sectors for the first nine months of 2020.
Friday, 29 Jan 2021 03:53 PM MYT
BY KEERTAN AYAMANY
Earlier this week, the United Nations Commission on Trade and Development reported that the inflow of FDI into Malaysia dropped by 68 per cent to US$2.5 billion last year. Picture by Hari Anggara
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KUALA LUMPUR, Jan 29 ― In response to reports of falling foreign direct investments (FDI), the Malaysian Investment Development Authority (Mida) today announced that it has identified 240 high-profile foreign investment projects in the manufacturing and services sectors, with a combined potential investment value of RM81.9 billion.
Mida said the projects are still being negotiated, adding that it has also “received and evaluated” RM47.7 billion worth of other potential investments.