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Malaysia says South Korean and Japanese firms to invest US$3.9b in coming years
A man rides across a street in Kuala Lumpur, Malaysia, Feb 2, 2021. (File photo: REUTERS/Lim Huey Teng)
07 Apr 2021 08:25PM (Updated:
07 Apr 2021 08:30PM) Share this content
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KUALA LUMPUR: Malaysia said on Wednesday (Apr 7) it had secured potential investments from South Korea and Japan amounting to RM16.05 billion (US$3.89 billion) and export purchases of about RM986.2 million to be realised in the coming years.
Malaysia is hoping to attract more foreign investment this year after a major drop in 2020. In a January report, the United Nations Conference on Trade and Development said FDI into the country slid 68 per cent last year, the biggest drop in Southeast Asia.
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KUALA LUMPUR Malaysia said on Wednesday it had secured potential investments from South Korea and Japan amounting to 16.05 billion ringgit ($3.89 billion) and export purchases of about 986.2 million ringgit to be realized in the coming years.
Malaysia is hoping to attract more foreign investment this year after a major drop in 2020. In a January report, the United Nations Conference on Trade and Development said FDI into the country slid 68% last year, the biggest drop in Southeast Asia.
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KUALA LUMPUR (April 7): Malaysia said on Wednesday that it had secured potential investments from South Korea and Japan amounting to 16.05 billion ringgit (US$3.89 billion) and export purchases of about 986.2 million ringgit to be realised in the coming years.
Malaysia is hoping to attract more foreign investment this year after a major drop in 2020. In a January report, the United Nations Conference on Trade and Development said FDI into the country slid 68% last year, the biggest drop in Southeast Asia.
Aside from the impact of the coronavirus pandemic, the World Bank has attributed falling FDI in part to longstanding policy and structural issues.
To understand why the $450 billion semiconductor industry has lurched into crisis, a helpful place to start is a one-dollar part called a display driver.
Why Shortages of a $1 Chip Sparked Crisis in Global Economy
Bloomberg 4/6/2021
(Bloomberg)
To understand why the $450 billion semiconductor industry has lurched into crisis, a helpful place to start is a one-dollar part called a display driver.
Hundreds of different kinds of chips make up the global silicon industry, with the flashiest ones from Qualcomm Inc. and Intel Corp. going for $100 apiece to more than $1,000. Those run powerful computers or the shiny smartphone in your pocket. A display driver chip is mundane by contrast: Its sole purpose is to convey basic instructions for illuminating the screen on your phone, monitor or navigation system.