Live Breaking News & Updates on Multi Product Pipeline
Stay updated with breaking news from Multi product pipeline. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Sunday, 31 Jan 2021 10:01 PM MYT Subscribe to our Telegram channel for the latest updates on news you need to know. JAN 31 Figures from the United Nations Conference on Trade and Development (UNCTAD) last week showed that the inflow of foreign direct investments (FDI) into Malaysia dropped by 68 per cent from US$7.8 billion (RM31.5 billion) in 2019 to US$2.5 billion in 2020. Malaysia was the worst performer in the region and commentators identified the main causes as political instability following the change of government in March, the first movement control order (MCO 1.0) just afterwards and continuing corruption issues discouraging foreign investors. However, we should be cautious about jumping to such quick and easy explanations. ....
Copy URL FIGURES from the United Nations Conference on Trade and Development (UNCTAD) last week showed that the inflow of foreign direct investments (FDI) into Malaysia dropped by 68% from US$7.8 billion (RM31.5 billion) in 2019 to US$2.5 billion in 2020. Malaysia was the worst performer in the region and commentators identified the main causes as political instability following the change of government in March, the first movement control order (MCO 1.0) just afterwards and continuing corruption issues discouraging foreign investors. However, we should be cautious about jumping to such quick and easy explanations. First, although unexpected, the change in government was completely peaceful. It showed that Malaysia is a mature and sophisticated democracy in which the transition of power runs smoothly. The real political problems only emerged at the end of 2020 and the start of 2021, so they cannot be the main cause of the fall in FDI. ....
Wednesday, 16 Dec 2020 03:58 PM MYT Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz during press conference on Budget 2021 at Wisma Bernama, November 14, 2020. Bernama pic Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, Dec 16 The federal government’s debt to gross domestic product (GDP) ratio as at end November 2020 was RM818.2 billion or 56.8 per cent, said Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz. According to him, the national debt-GDP ratio had been set at 60 per cent. “The government’s debt status is statutory-based under the Temporary Measures Act for Government Financing (Coronavirus Disease 2019 (Covid-19)) Act 830 encompassing the Malaysian Government Securities (MGS), Malaysian Government Investment Issues (MGII) and Malaysian Islamic Treasury Bills (MITB). ....