KUALA LUMPUR (April 19): A Cabinet paper on the country's new investment policy will be tabled on Wednesday (April 21), says Senior Minister cum Minister of International Trade and Industry Datuk Seri Mohamed Azmin Ali. He said the new policy was to attract more high-quality investors in an effort to make Malaysia a high-income nation, and it was expected to be implemented immediately. In fact, even during my recent working visits to South Korea and Japan, they welcomed the implementation of the new investment policy," he said. Mohamed Azmin said the new policy was also in line with environmental, social and governance (ESG) criteria. On the latest investment in the country by global technology giant Microsoft, he said this was proof that foreign investors were still confident of investing in Malaysia.

Source: The Edge Markets April 19, 2021 16:41 UTC