KUALA LUMPUR, May 12 (Xinhua) — Malaysia’s foreign direct investment (FDI) increased by 14.1 billion or 1.6 percent, reaching a record 893.2 billion ringgit at the end of the first quarter of 2023, as compared to the fourth quarter of 2022, official data showed Friday.
The Department of Statistics Malaysia (DOSM) said in a statement the manufacturing sector remained the largest recipient of the FDI with a value