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BusinessToday
25-06-2025
- 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
New Straits Times
25-06-2025
- Business
- New Straits Times
Malaysia records FDI inflow of RM51.5bil in 2024: DOSM
KUALA LUMPUR: Malaysia recorded a net inflow of foreign direct investment (FDI) totalling RM51.5 billion in 2024, up from RM38.6 billion in the preceding year, according to Department of Statistics Malaysia (DOSM). In a statement, the department noted that total income earned by foreign companies in Malaysia rose to RM99.8 billion compared to RM88.4 billion in 2023. This increase was mainly driven by income from equity and investment fund shares which amounted to RM95.9 billion, and interest income of RM3.9 billion. "As of the end of 2024, the country's cumulative FDI position stood at RM995.5 billion, up from RM924.0 billion in previous year," it said. Meanwhile, DOSM said FDI flows in the form of equity and investment fund shares recorded a net inflow of RM28.0 billion, contributing to an accumulated position of RM832.9 billion. Debt instruments registered a net inflow of RM23.5 billion with the position valued at RM162.6 billion. By sectors, it said the services sector contributed the highest FDI inflows at RM39.4 billion, with a total position of RM524.8 billion. This was followed by the manufacturing sector which generated the highest FDI income valued at RM54.6 billion, followed by services sector. In 2024, the largest FDI inflows geographically originated from the Asian region, totalling RM50.3 billion, with Singapore and Hong Kong as the primary sources. Investors from this region also recorded the highest income, amounting to RM46.5 billion.
The Star
25-06-2025
- Business
- The Star
Malaysia records FDI inflow of RM51.5bil in 2024
KUALA LUMPUR: Malaysia recorded a net inflow of foreign direct investment (FDI) totalling RM51.5 billion in 2024, up from RM38.6 billion in the preceding year, according to Department of Statistics Malaysia (DOSM). In a statement, the department noted that total income earned by foreign companies in Malaysia rose to RM99.8 billion compared to RM88.4 billion in 2023. This increase was mainly driven by income from equity and investment fund shares which amounted to RM95.9 billion, and interest income of RM3.9 billion. "As of the end of 2024, the country's cumulative FDI position stood at RM995.5 billion, up from RM924.0 billion in previous year," it said. Meanwhile, DOSM said FDI flows in the form of equity and investment fund shares recorded a net inflow of RM28.0 billion, contributing to an accumulated position of RM832.9 billion. Debt instruments registered a net inflow of RM23.5 billion with the position valued at RM162.6 billion. By sectors, it said the services sector contributed the highest FDI inflows at RM39.4 billion, with a total position of RM524.8 billion. This was followed by the manufacturing sector which generated the highest FDI income valued at RM54.6 billion, followed by services sector. In 2024, the largest FDI inflows geographically originated from the Asian region, totalling RM50.3 billion, with Singapore and Hong Kong as the primary sources. Investors from this region also recorded the highest income, amounting to RM46.5 billion. - Bernama
The Sun
25-06-2025
- Business
- The Sun
Malaysia's FDI hits RM51.5b in 2024, up from RM38.6b
KUALA LUMPUR: Malaysia recorded a net inflow of foreign direct investment (FDI) totalling RM51.5 billion in 2024, up from RM38.6 billion in the preceding year, according to Department of Statistics Malaysia (DOSM). In a statement, the department noted that total income earned by foreign companies in Malaysia rose to RM99.8 billion compared to RM88.4 billion in 2023. This increase was mainly driven by income from equity and investment fund shares which amounted to RM95.9 billion, and interest income of RM3.9 billion. 'As of the end of 2024, the country's cumulative FDI position stood at RM995.5 billion, up from RM924.0 billion in previous year,' it said. Meanwhile, DOSM said FDI flows in the form of equity and investment fund shares recorded a net inflow of RM28.0 billion, contributing to an accumulated position of RM832.9 billion. Debt instruments registered a net inflow of RM23.5 billion with the position valued at RM162.6 billion. By sectors, it said the services sector contributed the highest FDI inflows at RM39.4 billion, with a total position of RM524.8 billion. This was followed by the manufacturing sector which generated the highest FDI income valued at RM54.6 billion, followed by services sector. In 2024, the largest FDI inflows geographically originated from the Asian region, totalling RM50.3 billion, with Singapore and Hong Kong as the primary sources. Investors from this region also recorded the highest income, amounting to RM46.5 billion.
