Published: Friday November 2, 2012 MYT 1:27:00 PM
Updated: Friday November 2, 2012 MYT 1:39:31 PM
Awang Adek: Foreign investors confident thanks to Malaysia's laws
By LEE YEN MUN
PUTRAJAYA: Foreign investors have confidence in Malaysia because they feel protected by the country's laws and its authorities, Deputy Finance Minister Datuk Dr Awang Adek Hussin said.
The Umno lawmaker was referring to results released in a World Bank report entitled "Doing Business 2013: Smarter Regulations for Small and Medium-Size Enterprises" released last week, where Malaysia was ranked fourth in the world in investor protection.
The same survey had also ranked Malaysia as the 12th most business-friendly country globally and first in terms of ease of getting credit.
"They (investors) are not worried when their investments are placed in Malaysia, which means that they feel protected by the law and its authorities, such as the Bank Negara and Securities Commission.
"This has happened as a result of a change in our work culture and improvements made to our delivery channels.
"As the 12th most competitive (business nation), more investors will come to our shores, bringing new technologies which will in turn increase our productivity," Awang said at the launch of the ministry's Innovation Day here Friday.
- Kit Siang slams new IGP for having double standards
- Labourer charged with injuring a man during GE13 campaign period
- Blind student successfully crosses Penang channel
- Karpal tells Tunku Aziz to cease attacks on DAP
- Government to maintain food subsidies
- All eyes on Najib’s new Cabinet
- Hundreds train attention on spreading awareness on AIDS
- Hills in Cameron Highlands ‘raped’ at an alarming rate
- Gunung Perdah ravaged for development and left exposed
- Kedah to freeze logging activities pending review
- Expert: Be very sure you need a mastectomy
- Blind man wants to raise awareness on retinal diseases
- Student activist Adam Adli arrested over his remarks at May 13 forum
- My teacher, my friend
- Tee’s appointment had nothing to do with Umno, says Khaled
- Adrian Cheng: updating a Hong Kong family empire for a changing China
- Wall Street Week Ahead: Correction talk gets old as rally sails along
- China April housing inflation quickens to two year high
- EU cites Chinese telecoms Huawei and ZTE for trade violations
- Yahoo to vote on $1.1 billion Tumblr buy: AllThingsD
- Dow, S&P end at records, stocks mark fourth week of gains
- CEO: Catcha Media won’t be taken private - for now
- Sarawak politically-linked stocks rally
- Jala: GST could add up to RM27b to country’s income
- Analysts say UMW Holdings’ O&G offering was widely anticipated
- Matrix Concepts’ IPO oversubscribed by 11.3 times
- Instacom wins RM200m job?
- SFSS set to be largest shareholder of Bintulu Port
- Northport buys two new quay cranes
- Bursa Malaysia closes on Friday
- Golf: Griffin wins fog-bound SK Telecom Open
- Swimming: Phelps throws cold water on comeback report
- Golf: Choi edges sizzling Nordqvist for LPGA lead
- The missing link
- Khairy to look into matters after review
- Kevin smashes 400m freestyle national record to take gold
- Rizzua set to be the next big thing to come from Sarawak
- Shahidatun is leaps and bounds ahead of her rivals
- James claims victory over rivals in Shanghai
- Chong Wei continues to stay focused despite all the changes
- Apacs extend Chun Seang’s contract for another year
- Denmark’s Hoyer is new president of the BWF
- Indonesian coach: Individual sponsorship will revive our shuttlers’ fortunes
- Kumar: Pakistani players are livewire of KLHC
- Training for young goalkeepers
- Security guards 'chopped up like meat' at Cheras condo
- Hills in Cameron Highlands ‘raped’ at an alarming rate
- Be wary of banking Trojans
- Bring back English schools
- Retract your statement, Guan Eng urges Zahid
- Five men assault friend at Johor police station
- Student activist Adam Adli arrested over his remarks at May 13 forum
- Pakatan ceramah held at Esplanade despite police not approving permit
- Tee’s appointment had nothing to do with Umno, says Khaled
- Karpal: Abolish the Senate
- Be wary of banking Trojans
- Security guards 'chopped up like meat' at Cheras condo
- My home, my school
- Bring back English schools
- Expert: Be very sure you need a mastectomy
- Blind man wants to raise awareness on retinal diseases
- Bring back English schools
- Home garden talk a hit with Malaysians
- Pakatan ceramah held at Esplanade despite police not approving permit
- Six new Perak exco members sworn in
RSS
