US, Europe, China & other key Asian economies to provide FDI traction in Malaysia: UBS
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Malaysia's FDI inflow outlook remains positive for H2 2024; UBS Global Research cites traction from China, Europe, US, Japan, and South Korea; FDI concentrated in electrical and electronics sector, with interest in chemicals, green technology, machinery, and metal fabrication; Malaysia's political stability and fiscal responsibility attract investors; potential for Malaysia to become a regional data centre hub; implementation of global minimum tax in 2025 will have negligible impact on FDI competition; Malaysia's 40% local content criteria aligns with WTO standards; Malaysia to chair ASEAN in 2025, improving intra-trade opportunities; potential restart of negotiations with EU on EFTA Economic Partnership Agreement.
#Fdi #Malaysia #Ubs #Economy #Investment #Asean #Trade #Technology #Electronics #GlobalTax
https://www.nst.com.my/business/economy/2024/10/1117776/us-europe-china-other-key-asian-economies-provide-fdi-traction
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