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Malaysia records highest approved investment of RM306.5b in 2021

MALAYSIA recorded RM306.5 billion worth of approved investments in the manufacturing, services and primary sectors in 2021 — the highest amount of approved investments since 2006, according to the Malaysian Investment Development Authority (MIDA).  The total foreign direct investment (FDI) and domestic direct investment (DDI) numbers exceeded expectations with stellar performance in 2021, increasing to […]

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Malaysia opens borders to overseas travellers

KUALA LUMPUR: Malaysia will allow quarantine-free entry for fully vaccinated travellers from April 1, ending almost two years of stringent border controls introduced to contain the Covid-19 outbreak. “Citizens with valid travel documents can enter and leave the country as they did before the pandemic,” Prime Minister Ismail Sabri Yaakob said on Tuesday. “Foreigners will […]

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Malaysia records highest investment flow since 2006

KUALA LUMPUR: Malaysia attracted a record amount of approved investments of RM306.5bil for the manufacturing, services and primary sectors in 2021, the highest since 2006. In a statement, the Malaysian Investment Development Authority (MIDA) recorded an 83% jump in approved investment in 2021 from RM167.4bil recorded in 2020. It said the manufacturing sector continued to […]

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