Malaysia may be losing its mojo as investment destination
Japanese companies invested in 806 businesses in Malaysia; 1,000+ in Singapore, almost 2,000 in Thailand HSIS aims to grow revenue by 25% this 12 months and with the aid of another 20% in 2015, says CEO IN THE eyes of Japanese buyers, Malaysia might not be as attractive as it became all through the Eighties or 1990s, said a top legitimate of Hitachi Sunway Information Systems Sdn Bhd (HSIS). According to Cheah Kok Hoong (percent) , the institution leader government officer, Japanese corporations invested in 806 corporations in Malaysia in 2012. The variety is notably lower than maximum of its regional friends that year. For example: Japanese corporations invested into 1,777 corporations in Thailand and 1,069 companies in Singapore, he said, citing various sources. “The records speaks for itself. Is Malaysia nevertheless a great region for funding? Perhaps in a few regions, but no longer in all areas anymore,” he instructed a media briefing on May 19. Meanwhile Cheah state...