KUALA LUMPUR: Malaysia is back on the global investment map. A record RM46 billion was invested in 1,077 approved manufacturing projects last year by local and foreign investors, a 48 per cent jump from the RM31 billion invested in 2005.
The keyword is “approved“. A more important question is, how much was actually committed?
The article is comparing approved investment in 2006 against actual investment in 2005. Why the article does not compare approved investment in 2006 with approved in 2005? Or, why the article does not compare actual investment in 2006 with actual investment in 2005?
Further, it is more likely that the figures are nominal figures. An honest analysis would use real figures for comparison purpose.
Let us compare oranges to oranges, apples to apples.
More from the article:
Domestic investments amounted to RM25.8 billion, making up 56.1 per cent of the total approved investments, compared with RM13.1 billion or 42.2 per cent in 2005.
I wonder, how much of the RM25.8 approved domestic investment are actually approved investment related to the government?
The answer should be compared against the outcome of Mundell-Fleming model.
Another question is, how does Malaysia perform against our neighbors? Regionally?
KUALA LUMPUR (Reuters) – Malaysia’s media has been trumpeting good news about the economy, and that is stoking speculation of an early election this year.
Hmm….
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