FDIs in M'sia in 2Q15 records rise to RM477.4b
Published on: Saturday, August 29, 2015
Kuala Lumpur: Foreign Direct Investments (FDI) in Malaysia in the second quarter of the year rose to RM477.4 billion from RM475.7 billion in the first. The manufacturing sector remained the highest direct investment recipient at 44.1 per cent, followed by financial & insurance and information & communication.The top three countries for FDI were Singapore, Japan and Netherlands, the Department of Statistics said in a statement Friday.
ADVERTISEMENT
Malaysia's net international investment recorded a higher net assets position of RM33.9 billion in the second quarter (Q2) from net liabilities of RM1.2 billion in the first. This was driven by a larger expansion of Malaysia's total financial assets position of RM1.53 trillion compared to total liabilities of RM1.50 trillion.Stay up-to-date by following Daily Express’s Telegram channel.
Daily Express Malaysia
It said direct investments registered a net assets position of RM45 billion at end-Q2 2015, an increase of RM20.2 billion from March 31, 2015. The international reserves of Bank Negara Malaysia increased by RM8.4 billion in Q2 2015 to stand at RM398.1 billion (Q1 2015: RM389.6 billion). – Bernama