KLSE MARKET NEWS AND TRADING RECOMMENDATIONS BY SIGNAL EXPERT

Malaysia received RM26.5b FDI in 1H18, China top contributor, says MITI

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Publish date: Mon, 19 Nov 2018, 01:44 PM
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Malaysia has received FDI worth RM26.5 billion between January and June 2018, according to the Ministry of International Trade and Industry.

China was the biggest contributor by country with under a fourth of the value (RM6.6 billion) coming from the world's second largest economy, deputy minister Ong Kian Ming told the Dewan Rakyat today.

The top four FDI into Malaysia were dominated by Asian countries, with China followed by South Korea (RM2.4 billion), Japan (RM1.6 billion) and Singapore (RM800 million).

Three industries were the main recipients of the FDI, namely manufacturing (RM15.2 billion), services (RM6 billion) and primary industries (RM5.3 billion), the minister added.

Within the manufacturing industry, rubber products were the main recipients with RM3.1 billion, metal products (RM2.9 billion) and petroleum and petrochemical (RM309 million).

Ong was answering a question by Datuk Seri Mahdzir Khalid (BN-Padang Terap) on FDI successfully brought in for 2018, and the amount of FDI from China.

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Discussions
Be the first to like this. Showing 3 of 3 comments

chinaman

Where is our Superman, USA? I thought no. 1 investor ma? wakaka

2018-11-19 15:14

chinaman

Superman US thought SIN is still part of Malaysia that day...wakaka
quote****
The US State Department seems to think that Singapore is still part of Malaysia.

Update: US State Department corrects venue blunder


In posting the transcript of a press briefing that Secretary of State Mike Pompeo gave on Monday, the venue was described as “JW Marriott, Singapore, Malaysia” on the department’s official website.

As of 1.45pm Tuesday, the mistake had yet to be rectified.

US President Donald Trump is holding a historic summit with North Korean leader Kim Jong-un in Singapore, with their talks expected to centre on ending the North's nuclear weapons and missile programmes in return for diplomatic and economic incentives.

Pompeos’ briefing was a preview of what the discussions, taking place Tuesday, would entail.

2018-11-19 15:33

qqq3

JW Marriott, Singapore, Malaysia”

2018-11-19 15:35

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