Malaysia to Boost Incentives for Foreign Companies to Relocate
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Malaysia will increase incentives for companies to relocate operations to the country as it seeks more foreign investments to bolster growth.
Approved direct investments rose to a record 235.9 billion ringgit ($65.5 billion) last year from 219.4 billion in 2013, International Trade and Industry Minister Mustapa Mohamed said in Kuala Lumpur today. Domestic investments accounted for about 73 percent of the total, he said.