Malaysian PM Anwar Ibrahim intensifies anti-corruption efforts to attract foreign investment.
Malaysian Prime Minister Anwar Ibrahim is intensifying efforts to combat corruption, crucial for attracting foreign investment. Corruption cost the country approximately 277 billion ringgit ($65.8 billion) from 2018 to 2023. Despite a decline in foreign direct investment, the government is implementing a new anti-corruption strategy and developing economic zones to enhance transparency and restore investor confidence, aiming to improve Malaysia's ranking on Transparency International's index.
September 29, 2024
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