NST: Manufacturing sector continues to draw FDIs
MALAYSIA continues to attract significant foreign direct investments (FDIs) into the manufacturing sector, with projects worth RM3.3 billion approved in the first three months of this year. International Trade and Industry Minister Datuk Mustapa Mohamed said total foreign investments approved in Malaysia's manufacturing sector in 2008 increased to RM46.4 billion in 480 projects.
Bloomberg: Malaysia’s First-Quarter Foreign Investment Drops 79%
May 15 (Bloomberg) -- Malaysia’s approved foreign direct investment in the manufacturing industry plunged 79 percent in the first quarter amid slumping global demand for the country’s products, a minister said. The Southeast Asian nation approved 3.3 billion ringgit ($931 million) in foreign direct manufacturing investment from January to March, International Trade and Industry Minister Mustapa Mohamed told reporters in Kuala Lumpur today. That compares with about 16 billion ringgit a year earlier.
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