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Sunday, 14 Mar 2021 11:29 AM MYT An aerial view of the ECRL construction site in Dungun, Terengganu July 25, 2019. ― Picture by Hari Anggara Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, Mar 14 The decision to extend the East Coast Rail Line’s (ECRL) original alignment of 640km to 665 kilometres (km) is a very significant move as it will be connected to both North Port and West Port, said an expert. Public transport researcher SM Sabri SM Ismail said without the extension to the ports, ECRL has no direct connection to port at all, hence, all freight cargoes have to stop at Jalan Kastam, before being carried by trucks to the ports or transhipped by KTM trains. ....
Sunday, 31 Jan 2021 10:01 PM MYT Subscribe to our Telegram channel for the latest updates on news you need to know. JAN 31 Figures from the United Nations Conference on Trade and Development (UNCTAD) last week showed that the inflow of foreign direct investments (FDI) into Malaysia dropped by 68 per cent from US$7.8 billion (RM31.5 billion) in 2019 to US$2.5 billion in 2020. Malaysia was the worst performer in the region and commentators identified the main causes as political instability following the change of government in March, the first movement control order (MCO 1.0) just afterwards and continuing corruption issues discouraging foreign investors. However, we should be cautious about jumping to such quick and easy explanations. ....
Copy URL FIGURES from the United Nations Conference on Trade and Development (UNCTAD) last week showed that the inflow of foreign direct investments (FDI) into Malaysia dropped by 68% from US$7.8 billion (RM31.5 billion) in 2019 to US$2.5 billion in 2020. Malaysia was the worst performer in the region and commentators identified the main causes as political instability following the change of government in March, the first movement control order (MCO 1.0) just afterwards and continuing corruption issues discouraging foreign investors. However, we should be cautious about jumping to such quick and easy explanations. First, although unexpected, the change in government was completely peaceful. It showed that Malaysia is a mature and sophisticated democracy in which the transition of power runs smoothly. The real political problems only emerged at the end of 2020 and the start of 2021, so they cannot be the main cause of the fall in FDI. ....