Manufacturing sector leads the way in investments


United Overseas Bank (UOB) Research in a report notes that five-year average in terms of approved investments was RM204.5bil, which matches closely to what the country did in the first quarter of 2022 (1Q22). (File pic shows manufacturing of cooking oil.)

PETALING JAYA: Malaysia’s total approved investments are projected to keep pace at RM200bil this year and that is said to be around what the country was achieving prior to the pandemic.

United Overseas Bank (UOB) Research in a report notes that five-year average in terms of approved investments was RM204.5bil, which matches closely to what the country did in the first quarter of 2022 (1Q22).

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Manufacturing , investments ,

   

Next In Business News

Perennial Holdings targets wealthy Chinese boomers
China partners Middle East for greener future
Bitcoin rising value attracts investments in Vietnam
iPhone supplier TDK to roll out new batteries to keep pace with AI
Vietnam SMEs focus on CSR practices
Australia’s Insignia shares climb on US$1.8bil bid from CC Capital
Portuguese oil company probes anonymous tip alleging a CEO relationship
Vietnam market faces correction amid cautious sentiment
China services rise to highest since May
Rise in mortgage refinancing in Singapore

Others Also Read