Malaysia's investment slump shows need for structural reforms - World Bank

Malaysia risks falling behind in the regional competition for foreign investments due to longstanding policy and structural issues, as it comes in "striking distance" of becoming a high-income nation, the World Bank said.

Foreign direct investments (FDI) to Malaysia fell 56 percent to US$3.4 billion in 2020, a government report said this month, as the Covid-19 pandemic battered its trade-reliant economy...