Thailand
Malaysia: Foreign companies in for the long haul
KUALA LUMPUR: Foreign companies that have invested in the country say they remain committed to the country as they value and appreciate the long-term partnership with the Malaysian government and look forward to many more years of success.
On the re-implementation of the movement control order (MCO 2.0) and the proclamation of emergency to contain the increasing number of Covid-19 cases, many of the companies said the development had not affected their confidence in investing in the country.
Malaysian-German Chamber of Commerce and Industry chief executive officer Daniel Bernbeck (pic) said German investors in Malaysia mostly showed a tendency to continue with their pre-existing investment plans as most of the investments are in high technology and have a long planning phase.
He said the arrangement cannot be suddenly stopped, reversed or changed, and this applied to many big players and multinational companies.
Meanwhile, German-based medical technology company B. Braun said it would support all efforts by the government to safeguard the health of Malaysians. — Bernama
Source: https://www.thestar.com.my/business/business-news/2021/01/25/foreign-companies-in–for-the-long-haul