KUALA LUMPUR — Malaysia had approved investments of 378.5 billion ringgit ($85.8 billion) in 2024, a record figure and an increase of 14.9 percent from the previous year, its trade minister said on Tuesday.
Malaysia received a slew of digital investments from major tech firms last year, including Alphabet’s Google, helping to propel its economy with growth beating market expectations in the second and third quarters and the ringgit currency becoming one of Asia’s top performers in 2024.
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