Sunday, August 18, 2019 - 11:34:47

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Malaysia’s FDI flows drop to 10.09 billion USD in 2017

World

Malaysia’s FDI flows drop to 10.09 billion USD in 2017

The flows of foreign direct investment (FDI) in Malaysia fell 12.77 percent year-on-year to 41 billion ringgit (10.09 billion USD) in 2017, after reaching a new high of 47 billion ringgit in the previous year, the Department of Statistics Malaysia reported.

Malaysia arrests former Prime Minister Najib Razak

World

Malaysia arrests former Prime Minister Najib Razak

Malaysian authorities arrested their former Prime Minister Najib Razak on July 3, and they are set to charge him for his involvement at the 1Malaysia Development Berhad (1MDB) in the loss of billions of US dollars the following day.