Research think tank calls for holistic plan as investors still cautious.
KUALA LUMPUR: A research think tank has urged Putrajaya to come up with a holistic plan to revitalise private investments in the wake of a decline in this sector in recent years.
But the think tank said private investments have been moderating from 13.6% per annum in 2011-2014 to 6.1% per annum in 2015-2018. Externally, he said, investors were concerned over the US-China trade war and uncertainties over the US Federal Reserve interest rate hikes, while domestically, there is caution over the policy direction after the change of government last year.
“In the short term, we must be able to to fulfill the needs of the businesses or it will affect their operations.”
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