◆ Total approved manufacturing investment fell by a smaller magnitude of 4.1% yoy to RM8.0bn in the
2Q, compared with -30.3% or RM5.2bn in the 1Q. This was due to a pick-up in domestic manufacturing investment
approvals, which rebounded to increase by 258.8% yoy to RM3.7bn in the 2Q, from -51.9% or RM2.0bn in the 1Q.
A sharper drop in foreign direct manufacturing investment (FDI) approvals, which fell by 41.2% to RM4.3bn in the
2Q, compared with -2.9% or RM3.2bn in the 1Q, however, offset part of the gain.
Economic Highlights - Decline In Manufacturing Investment Approvals Narrowed In The 2Q - 20/10/2010
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