Highlights of the MITI Weekly Bulletin, Vol. 105 includes:
Global Foreign Direct Investment in 2009
In 2009 global foreign direct investment (FDI) inflows shrank by 37.1% (y-o-y) to US$1,114.2 billion, while outflows fell by 42.9% to US$1,101 billion. In 2010, the United Nations Conference on Trade and Development (UNCTAD) expects global FDI inflows to reach more than US$1.2 trillion. Developing and transition economies such as Brazil, the Russian Federation, India and China (BRIC) are expected to lead the FDI recovery and will remain favourable destinations for FDI.
Investments In Manufacturing And Manufacturing Related Services (January – May 2010)
F rom January to May 2010, a total of 334 projects were approved in the manufacturing sector with investments amounting to RM8.9 billion. Domestic investments amounted to RM4.5 billion (50.6%) while foreign investments totaled RM4.4 billion (49.4%).
Potential for Bird’s Nests Export to Hong Kong
I n 2009, Hong Kong imported bird’s nests worth US$331.5 million, an increase of 19.7% compared with US$276.9 million in 2008. Indonesia was the largest supplier of bird’s nests to Hong Kong with a 90.9% market share or valued at US$301.4 million. This was followed by Malaysia which exported bird’s nests valued at US$16 million or 4.8% market share.
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