Focus on investment policy and political stability, say business leaders

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Malaysia can remain an attractive investment destination with the right approach, say business leaders.PETALING JAYA: Malaysia must be more decisive in its policies and increase political stability to attract investments that could spur economic growth and recovery, according to the American-Malaysian Chamber of Commerce (Amcham).Its CEO Siobhan Das said while Malaysia remained an attractive investment destination, especially for American investment, the country must be decisive to attract value-added investments.“This includes sustainability issues on the environment and labour, and the implementation of laws promoting digital services and trade,” she said during a recent consultation meeting with the Asean Business Advisory Council (Asean-BAC) Malaysia.The consultation meeting was held to discuss Malaysia’s efforts in attracting foreign direct investment from the US and its …