KUALA LUMPUR, April 9 (Bernama) -- Malaysia is still an attractive investment destination amid slumping oil prices and volatility of the ringgit.
Ministry of International Trade and Industry (MITI) Secretary-General Datuk Dr Rebecca Sta Maria said foreign investors still viewed Malaysia as an investment destination of choice due to its conducive business environment.
She said when an investors decided to locate their business in Malaysia, it was not just about the oil prices or the ringgit value, but also the business environment.
"It is about how easy it is to do a business here, how is the bureaucracy. If you can put that in place and make it easy (for them) to do business, it (falling oil prices and ringgit value) will not be an issue," she told reporter after the opening of Shell Malaysia new office, Menara Shell, here today.
Commenting on MITI's briefing on investment in Melaka yesterday, he said many foreign investors had shown interest to expand their businesses in Malaysia due to the conducive business environment and ease of dong business.....