{"id":14557,"date":"2019-03-16T18:22:02","date_gmt":"2019-03-16T10:22:02","guid":{"rendered":"http:\/\/www.namnewsnetwork.org\/?p=14557"},"modified":"2019-03-16T18:22:05","modified_gmt":"2019-03-16T10:22:05","slug":"malaysia-approved-fdis-worth-rm80-5-bln-in-2018","status":"publish","type":"post","link":"http:\/\/namnewsnetwork.org\/?p=14557","title":{"rendered":"Malaysia approved FDIs worth RM80.5 bln in 2018"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img loading=\"lazy\" width=\"638\" height=\"425\" src=\"http:\/\/www.namnewsnetwork.org\/wp-content\/uploads\/2019\/03\/lim.jpg\" alt=\"\" class=\"wp-image-14559\" srcset=\"http:\/\/namnewsnetwork.org\/wp-content\/uploads\/2019\/03\/lim.jpg 638w, http:\/\/namnewsnetwork.org\/wp-content\/uploads\/2019\/03\/lim-300x200.jpg 300w, http:\/\/namnewsnetwork.org\/wp-content\/uploads\/2019\/03\/lim-555x370.jpg 555w, http:\/\/namnewsnetwork.org\/wp-content\/uploads\/2019\/03\/lim-600x400.jpg 600w\" sizes=\"(max-width: 638px) 100vw, 638px\" \/><\/figure><\/div>\n\n\n\n<p>KUALA LUMPUR, March 16  (NNN-BERNAMA) &#8211;  MALAYSIA is enjoying encouraging economic growth, with RM80.5 billion in foreign direct investments (<g class=\"gr_ gr_3 gr-alert gr_spell gr_inline_cards gr_disable_anim_appear ContextualSpelling ins-del multiReplace\" id=\"3\" data-gr-id=\"3\">FDIs<\/g>) being approved across all sectors in 2018, a jump of 48% from a year earlier, said Lim Guan Eng.<\/p>\n\n\n\n<p>Of the total amount, RM26.5 billion in FDIs were approved in the first half 2018, and the remaining RM54 billion in the second half.<\/p>\n\n\n\n<p>In a statement today, Finance Minister Lim Guan Eng said the country also saw a 3.2 per cent year-on-year rise in the Industrial Production Index (IPI) for January 2019, which was better than the market consensus of 2.3 per cent as indicated in a recent Bloomberg survey.<\/p>\n\n\n\n<p>\u201cThis is consistent with the overall positive numbers Malaysia is recording, and the trend will likely continue in the near future despite external challenges,\u201d he added.<\/p>\n\n\n\n<p>Commenting on the improved FDIs, Lim said the marked increase highlighted the crucial role Malaysia had played as a stable regional manufacturing hub, as well as a safe-haven for international supply chains amid the continuing trade war between China and the United States(US).<\/p>\n\n\n\n<p>\u201cIndeed, FDIs planned by manufacturers from China surged 410.8 per cent to RM19.7 billion in 2018 from RM3.9 billion in 2017.<\/p>\n\n\n\n<p>\u201cAt the same time, approved manufacturing investments from the US grew 184.9 per cent to RM3.2 billion in 2018 from RM1.1 billion previously,\u201d he said.<\/p>\n\n\n\n<p>Other than the two economic giants, Lim said Indonesian investors also intended to invest RM9 billion in 2018 from a mere RM500,000 in 2017, making the  republic the second largest source of foreign manufacturing investment after China.<\/p>\n\n\n\n<p>Approved FDIs are an important leading indicator that provides crucial information about the health of an economy. \u2015 Bernama<\/p>\n\n\n\n<p>The finance minister said of the total amount, RM26.5 billion in FDIs were approved in the first half 2018, and the remaining RM54 billion in the second half.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>KUALA LUMPUR, March 16 (NNN-BERNAMA) &#8211; MALAYSIA is enjoying encouraging economic growth, with RM80.5 billion in foreign direct investments (FDIs) being approved across all sectors in 2018, a jump of 48% from a year earlier, said Lim Guan Eng. Of the total amount, RM26.5 billion in FDIs were approved in the first half 2018, and [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":14559,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[288,318],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/14557"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14557"}],"version-history":[{"count":0,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/14557\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/media\/14559"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14557"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}