Trump presidency to enhance Malaysia's export potential, FDI inflows

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Trump presidency to enhance Malaysia's export potential, FDI inflows
Donald TrumpFDIChina Plus One
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PUTRAJAYA: Graft investigators have searched the house of FashionValet founders Datin Vivy Yusof and Datuk Fadzaruddin Shah Anuar and frozen several of their accounts with RM1.1mil in funds.

KUALA LUMPUR: Donald Trump ’s re-election as the United States President is expected to accelerate the China Plus One strategy, benefitting Malaysia through higher investments and enhanced export potential, particularly in sectors such as electronics, machinery, and palm oil.

Loo said foreign direct investment in Malaysia is expected to rise as companies seek stable manufacturing bases in the ASEAN region, with the country emerging as a competitive destination owing to its infrastructure and relatively lower production costs. However, if trade tensions escalate, overall demand might decline, curtailing exports to both the US and China.

Meanwhile, Trump's"America First” energy policy, with an emphasis on boosting US production, could lower global energy prices, diminishing the value of Malaysia’s mineral fuel exports, said Loo.

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