Tag: FDI
Vietnam lures US$3.1 billion in FDI in first two months of 2023
Vietnam received $3.1 billion in foreign direct investment during January and February 2023, representing a 38% decrease from the same period last year. Manufacturing attracted $2.17 billion, with Singapore emerging as the largest investor, followed by Taiwan and the Netherlands.
Malaysia attracts RM123.3 billion worth of approved investments for Jan-June 2022 period
Malaysia saw RM123.3 billion in approved investments from January to June 2022, with foreign direct investments contributing 70.9% and the services sector leading at 63.3%. The investments are expected to create 57,771 job opportunities across manufacturing, services, and primary sectors.
FDI rolling in despite lockdown
Despite ongoing COVID-19 restrictions and record infection rates, Malaysia continues to attract foreign direct investment. Economists like Lee Heng Guie predict improved investment inflows this year, suggesting resilience in the country's economic landscape despite pandemic-related challenges.
