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Malaysia’s FDI up 1.46 bln USD in Q2

KUALA LUMPUR, Aug. 18 (Xinhua) — Malaysia’s foreign direct investment (FDI) reached a record 900 billion ringgit (193.7 billion U.S. dollars) in the second quarter of 2023, an increase of 6.8 billion ringgit (1.46 billion U.S. dollars) from the first quarter, official data showed Friday.

The Department of Statistics Malaysia (DOSM) said in a statement that the services sector remained the largest recipient with