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MP SPEAKS | Weak PN govt reducing investor confidence in M'sia

MP SPEAKS | Weak PN govt reducing investor confidence in M sia
Modified11 Jan 2021, 7:00 am
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MP SPEAKS | The response by EU-Malaysia Chamber of Commerce and Industry (Eurocham) CEO Sven Schneider to Finance Minister Tengku Zafrul Aziz s statement on approved Foreign Direct Investment (FDI) and Domestic Direct Investment (DDI) in Malaysia has gone viral on social media.
I do believe that the problem identified in Schneider s response – not being able to seek an appointment with the finance minister – is part of a larger problem currently faced by long-term investors and companies in Malaysia. He is expressing part of the frustration which many companies are feeling because of the lack of consistent policies by the Perikatan Nasional (PN) government. ....

Tengku Zafrul Aziz , Malaysia Chamber , Finance Minister Tengku Zafrul Aziz , Foreign Direct Investment , Domestic Direct Investment , Perikatan Nasional , மலேசியா அறை , வெளிநாட்டு நேரடி முதலீடு , உள்நாட்டு நேரடி முதலீடு ,

Free zones are best option to increase exports

Daily Monitor
Friday December 18 2020
Summary
With a weaker global demand due to the negative effects of Covid-19, the country’s exports are likely to reduce further
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According to Bank of Uganda, the country’s export value was $3,822.99m in the Financial Year (FY) 2019/20, compared to $3962.47m recorded the previous FY2018-2019. This represents a decline of about 3.52 per cent. With a weaker global demand due to the negative effects of Covid-19, the country’s exports are likely to reduce further.
In the recently released Monetary Policy Statement for August, economic growth in FY2020/2021 is projected to be in the range of 3.0 per cent to 4.0 per cent. ....

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