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Is Malaysia really lagging behind in attracting foreign direct investment?

Image: Wikimedia Commons There’s been much agitation and kopitiam talk about reports that Malaysia is falling behind its regional neighbours in attracting foreign direct investment (FDI), including supposedly losing out on key strategic investments. Some point to a June 2020 United Nations Conference on Trade & Development as the basis for the grim talk: “Foreign direct investment to developing economies in Asia . is projected to decline by up to 45% in 2020”. The report also highlighted that Indonesia, Singapore and Vietnam received more than 80% of the US$156bil (RM626.7bil) in FDI that Asean countries pulled in 2020. Only 5%, or just US$7.8bil (RM31.3bil), went to Malaysia – which of course doesn’t seem to augur well for us.

BRI, RCEP, CAI to strengthen China s world economic, geopolitical position

BRI, RCEP, CAI to strengthen China s world economic, geopolitical position CGTN | Updated: 2021-01-06 14:20 Aerial photo shows trains at the Nairobi railway station in Nairobi, capital of Kenya. [Photo/Xinhua] Editor s Note: Ken Moak taught economic theory, public policy and globalization at the university level for 33 years. He co-authored the book China s Economic Rise and Its Global Impact in 2015. The article reflects the author s opinions and not necessarily the views of CGTN. China s economy emerged bigger and stronger in 2020 largely because it effectively curbed the COVID-19 spread within a few months of its emergence and imposed a series of stimulus packages, culminating in the only major economy to register 2 percent growth in that year. The West (and a big part of the world), on the other hand, contracted between 5 percent and 10 percent, in large part, because it mishandled and misjudged the serious of the pandemic, resulting in a second or

Predictions and Thoughts for the New Year: What to Watch in 2021

Predictions and Thoughts for the New Year: What to Watch in 2021
ipwatchdog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ipwatchdog.com Daily Mail and Mail on Sunday newspapers.

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