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Malaysia's FDI Jumps 33% To RM51.5 Billion In 2024
Malaysia's FDI Jumps 33% To RM51.5 Billion In 2024

BusinessToday

time25-06-2025

  • Business
  • BusinessToday

Malaysia's FDI Jumps 33% To RM51.5 Billion In 2024

Malaysia recorded a significant surge in Foreign Direct Investment (FDI) net inflows in 2024, reaching RM51.5 billion, a substantial increase from RM38.6 billion in the preceding year. This robust performance pushed the total FDI position in Malaysia to RM995.5 billion by the end of 2024, up from RM924.0 billion in 2023. Additionally, foreign companies operating within the country saw their total income rise to RM99.8 billion, an increase from RM88.4 billion in 2023. According to the latest report from the Department of Statistics Malaysia (DOSM), the Services sector emerged as the primary driver of FDI flows in 2024, attracting a net inflow of RM39.4 billion. This was followed by the Manufacturing sector with RM9.1 billion and Mining & Quarrying with RM5.3 billion. Within the Services sector, the bulk of investments were channeled into Information & Communication and Financial & Insurance/Takaful activities. In the Manufacturing sector, the Electrical & Electronic products and Non-metallic mineral products, basic metal & fabricated metal products sub-sectors were the main beneficiaries. The leading sources of these FDI flows were Singapore, Hong Kong, and the United States of America (USA). FDI Position and Sectoral Contributions In terms of FDI position at the end of 2024, the Services sector continued to hold the largest share, valued at RM524.8 billion. This was largely fueled by sustained investments in Financial & Insurance/Takaful activities, Information & Communication, and Wholesale & Retail Trade. The Manufacturing sector remained the second-largest contributor to the FDI position, amounting to RM400.8 billion, predominantly driven by the Electrical and Electronic products sub-sector. Echoing the FDI flows, Singapore, Hong Kong, and the USA were also the largest investor countries for FDI position. Income Generation by Foreign Companies The Manufacturing sector maintained its lead in generating income for foreign companies in Malaysia, amounting to a significant RM54.6 billion in 2024, up from RM41.8 billion in the previous year. The Services sector followed, contributing RM36.0 billion, largely supported by robust performance in Financial & Insurance/Takaful activities. Investors from the USA, Singapore, and Japan recorded the highest earnings from their operations in Malaysia during 2024. The strong FDI performance in 2024 underscores Malaysia's continued attractiveness as an investment destination, with a growing emphasis on the services sector complementing its traditional manufacturing stronghold. This diversified inflow bodes well for the nation's economic resilience and growth trajectory. Related

Donkey Kong returns in new Switch 2 title set for Nintendo Direct reveal
Donkey Kong returns in new Switch 2 title set for Nintendo Direct reveal

Mint

time17-06-2025

  • Entertainment
  • Mint

Donkey Kong returns in new Switch 2 title set for Nintendo Direct reveal

Nintendo has announced a new Direct presentation, scheduled to stream on 18 June, that will spotlight Donkey Kong Bananza, a forthcoming first-party game set to launch exclusively on the Nintendo Switch 2 next month. The presentation will run for approximately 15 minutes and will be broadcast live on Nintendo's official YouTube channel at 6 AM PT / 9 AM ET / 6:30 PM IST. While specific content has not been disclosed, Nintendo has confirmed the event will focus entirely onDonkey Kong Bananza, hinting at a potential gameplay showcase. You may be interested in Donkey Kong Bananza was first introduced during the Nintendo Switch 2 reveal event held on 2 April. The game marks a return to the 3D action-adventure platformer genre for the Donkey Kong series, featuring environmental destruction mechanics, puzzle-solving elements, and treasure hunting. It is slated for release on 17 July, and will not be available on the original Switch. The new title follows the launch of the Nintendo Switch 2 earlier this month. Released on 5 June, the hybrid console debuted withMario Kart World as its leading first-party release, accompanied by updated versions of older Nintendo titles and various third-party games. Despite a strong start, with global sales crossing 3.5 million units, the Switch 2 currently has a limited first-party library. Upcoming releases for 2025 include Metroid Prime 4: Beyond, Pokémon Legends: Z-A, and Kirby Air Riders. There is also ongoing speculation about a new Mario title, though no official announcement has been made. Nintendo's president for the American division, Doug Bowser, previously suggested in April that more established IPs will arrive on the new platform in due course. In a surprise reveal last week, Nintendo also lifted the lid on Splatoon Raiders, the first-ever standalone spinoff from its hugely popular Splatoon series. The new title is set to launch exclusively on the upcoming Nintendo Switch 2 console, promising an adventurous twist to the familiar ink-based gameplay.

There's a Nintendo Direct for Donkey Kong Bananza on June 18
There's a Nintendo Direct for Donkey Kong Bananza on June 18

Yahoo

time16-06-2025

  • Entertainment
  • Yahoo

There's a Nintendo Direct for Donkey Kong Bananza on June 18

The Switch 2 is officially out in the wild, but the launch lineup is a bit thin. Mario Kart World is great, of course, but I'm missing a legitimate 3D platformer. That's where Donkey Kong Bananza comes in. Nintendo has announced a Direct livestream for its next first-party game, scheduled for June 18 at 9AM ET. It'll stream live via Nintendo's official YouTube account. We've put an embed below, so feel free to keep this page bookmarked for Wednesday morning. We'll be watching and will pull out all of the juicy banana-shaped nuggets. Nintendo promises "roughly 15 minutes of information about the upcoming Nintendo Switch 2 game." That matches the length of the recent Direct that was dedicated to Mario Kart World. We still don't know too much about this game, other than the basics. It stars Donkey Kong and he wants to collect gigantic gold bananas because of course he does. The game worlds are destructible, so the goofball gorilla can get his Minecraft on and dig through just about anything. It has been suggested that any ape-related destruction remains as a permanent part of the map, thanks to the increased power of the Switch 2. The initial trailer also shows some sidescrolling sections inspired by Donkey Kong Country. This seems like the perfect video game to tide us over until Mario gets his lazy butt away from the racing tracks and back into saving kingdoms. Donkey Kong Bananza will be available on July 17 for Switch 2.

There's a Nintendo Direct for Donkey Kong Bananza on June 18
There's a Nintendo Direct for Donkey Kong Bananza on June 18

Engadget

time16-06-2025

  • Entertainment
  • Engadget

There's a Nintendo Direct for Donkey Kong Bananza on June 18

The Switch 2 is officially out in the wild, but the launch lineup is a bit thin. Mario Kart World is great, of course, but I'm missing a legitimate 3D platformer. That's where Donkey Kong Bananza comes in. Nintendo has announced a Direct livestream for its next first-party game, scheduled for June 18 at 9AM ET. It'll stream live via Nintendo's official YouTube account. We've put an embed below, so feel free to keep this page bookmarked for Wednesday morning. We'll be watching and will pull out all of the juicy banana-shaped nuggets. Your Yahoo privacy setting is blocking social media and third-party content You can Allow your personal information to be shared and sold. Something went wrong. Try again. You can update your choice anytime by going to your privacy controls, which are linked to throughout our sites and apps. This page will now refresh. Nintendo promises "roughly 15 minutes of information about the upcoming Nintendo Switch 2 game." That matches the length of the recent Direct that was dedicated to Mario Kart World . We still don't know too much about this game, other than the basics. It stars Donkey Kong and he wants to collect gigantic gold bananas because of course he does. The game worlds are destructible, so the goofball gorilla can get his Minecraft on and dig through just about anything. Your Yahoo privacy setting is blocking social media and third-party content You can Allow your personal information to be shared and sold. Something went wrong. Try again. You can update your choice anytime by going to your privacy controls, which are linked to throughout our sites and apps. This page will now refresh. It has been suggested that any ape-related destruction remains as a permanent part of the map, thanks to the increased power of the Switch 2. The initial trailer also shows some sidescrolling sections inspired by Donkey Kong Country . This seems like the perfect video game to tide us over until Mario gets his lazy butt away from the racing tracks and back into saving kingdoms. Donkey Kong Bananza will be available on July 17 for Switch 2.

Donkey Kong Bananza Direct — Stream Times, Stream Links, What to Expect
Donkey Kong Bananza Direct — Stream Times, Stream Links, What to Expect

Newsweek

time16-06-2025

  • Entertainment
  • Newsweek

Donkey Kong Bananza Direct — Stream Times, Stream Links, What to Expect

Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Entertainment gossip and news from Newsweek's network of contributors Nintendo has just announced a Nintendo Direct for Donkey Kong Bananza, with the upcoming Nintendo Switch 2 game set to have the first real batch of information revealed ahead of its launch next month. Donkey Kong Bananza launches on the Switch 2 on July 17, 2025, but so far we've only seen a relatively small amount of gameplay from a very early stage in the game. Leaks from official Nintendo websites in other countries have revealed that there's much more story content yet to be revealed, so the Direct should be an interesting watch for fans. Donkey Kong smashing into the ground next to a purple rock with eyes in Donkey Kong Bananza. Donkey Kong smashing into the ground next to a purple rock with eyes in Donkey Kong Bananza. Nintendo We've put together this handy explainer with all the information you need to know about the Donkey Kong Bananza Direct, including the Nintendo Direct stream times, as well as the stream links for the Nintendo Direct, and what to expect from the Donkey Kong Bananza Direct. Donkey Kong Bananza Direct: Stream Times The Donkey Kong Bananza Nintendo Direct will take place at 9:00am ET on June 18, 2025. This means that, for the most part, the Direct will be in a fairly reasonable time for most regions, with only the far Eastern hemisphere – such as Australia, New Zealand, and Japan – getting a fairly late Direct time. With the exception of New Zealand, which just crosses over into June 19, all regions will be getting the direct on the 18th. Here's the full list of timezones: PDT – 6:00am – 6:00am EDT – 9:00am – 9:00am BRT – 10:00am – 10:00am BST – 2:00pm – 2:00pm CEST – 3:00pm – 3:00pm IST – 6:30pm – 6:30pm CST – 9:00pm – 9:00pm JST – 10:00pm – 10:00pm AEST – 11:00pm – 11:00pm NZST – 1:00am (June 19) Donkey Kong Bananza Direct: Stream Links The Donkey Kong Bananza Direct will be streamed live on Nintendo's official YouTube and Twitch pages. We've embedded the YouTube link below, and have the links for both the YouTube and Twitch pages below: The Nintendo Direct will also be available to watch via the Nintendo Today app, which Nintendo has been using more often to make announcements, such as the recently announced Splatoon Raiders and the release date for the live-action The Legend of Zelda film. Donkey Kong Bananza Direct: What to Expect The Donkey Kong Bananza Direct will last for approximately 15 minutes. Nintendo says the Direct will feature "information about the upcoming Nintendo Switch 2 game," which is likely to include gameplay, story details, and more. It's possible we could see the new design for Diddy Kong in-game, after having seen the character make his redesigned appearance in various promotional materials, and more gameplay mechanics and levels within the game should be on display.

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