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Categories
| Investments into Penang shrink to RM1.3b in Jan-June |
| Business & Market 2009 | |||
| Written by Regina William | |||
| Tuesday, 01 September 2009 16:05 | |||
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This was a stark contrast to the RM10.3 billion recorded for the 12 months in 2008. InvestinPenang Bhd chairman of the executive committee Datuk Lee Kah Choon said on Sept 1 the plunge in investments had to be viewed in a wider perspective and the flow of investments in other countries. Lee said there were investors still adopting a wait-and-see attitude as it was unclear if the financial meltdown was finally over.
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