Malaysia records approved investments of $21 billion in Q1

FILE PHOTO: A view of the city skyline in Kuala Lumpur, Malaysia September 27, 2021. REUTERS/Lim Huey Teng/File Photo
KUALA LUMPUR :Malaysia recorded approved investments of 89.8 billion ringgit ($21.2 billion) in the first quarter of 2025, a 3.7 per cent increase from a year earlier, the investment development authority said on Wednesday.
Of the total, foreign investments were 60.4 billion ringgit and domestic investments accounted for 29.4 billion ringgit, the Malaysian Investment Development Authority said in a statement.
($1 = 4.2370 ringgit)