Malaysia attracts record approved investments in 2021
Malaysia attracted a record amount of approved investments worth 306.5 billion RM (73.23 billion USD) in the manufacturing, services and primary sectors in 2021, driven by higher foreign direct investment (FDI) and increased projects in the manufacturing and the electrical and electronics sectors, according to the Malaysian Investment Development Authority (MIDA).
Petronas Twin Towers in Kuala Lumpur capital city of Malaysia (Photo: Xinhua/VNA)In a statement released on March 8, MIDA said that Malaysia’s FDI of 208.6 billion RM accounted for 68.1 percent of total approved investments, with the remaining 31.9 percent coming from domestic direct investment (DDI) at 97.9 billion RM.
Malaysia’s FDI was significantly higher by 224.9 percent from 64.2 billion RM in 2020, however, DDI declined marginally by 5.13 percent from 103.2 billion RM the year before.
The Netherlands was the biggest foreign investor in Malaysia in 2021 with 78 billion RM. It was followed by Singapore (47.3 billion RM), China (31.3 billion RM), Austria (18.9 billion RM) and Japan (9.9 billion RM)./.
You should also see
InfographicVietnam tops Asia-Pacific in workplace wellness
Workplace well-being is on an "upward trajectory" throughout Asia-Pacific, with Vietnam leading the region (65.09), according to a recent study by Asia's largest mental health care company Intellect.
See more
World
Laos speeds up granting licences to foreign workers
Laos's Ministry of Labour and Social Welfare plans to issue visas to illegal foreign workers and extend permits to legal ones so that they can continue to work in the country.
World
Argentinian scholar praises Vietnam’s April 30, 1975 victory
The complete reunification of Vietnam on April 30, 1975 was an extremely significant event in the history of the country and the world, opined a scholar from the Institute for International Relations at the National University of La Plata, Argentina.
World
Malaysia tackles food security challenges
Empowering local communities in the agriculture sector to attract young people to this field is one of the measures taken by Malaysia to address labour shortage while also contributing to tackling challenges in food security.
World
Danger warning issued for Thailand’s Bangkok as extreme heat bites
Thai authorities on April 24 issued an extreme heat warning for Bangkok, urging people to stay indoors for their safety as temperatures soared.
World
Schools in Philippines go online amid extreme heat
Record heat in the Philippines in April has forced schools to send children home for online classes.
