PETALING JAYA: News of a heavy flow of foreign funds from the country has prompted an economist to call for clarity in the government’s long-term plans for economic development.
A sharp elucidation of the plans would enhance efforts to boost investors’ confidence in Malaysia, said Yeah Kim Leng, a professor of economics at Sunway University.
He was reacting to a news report that Malaysia has, so far this year, recorded the highest foreign fund outflow among seven Asian countries tracked by MIDF Research. The other countries are Thailand, Indonesia, the Philippines, India, Taiwan and South Korea.
Experts Cited
