Forbes: Malaysia tops the list in Asia’s 5 Best Countries for Foreign Investors

Various news portals reported that Malaysia has been named by Forbes as the top recipients of foreign direct investment in Asia. In comparison to 2015, Malaysia recorded an increase of 64% in foreign capital. Other top countries in the rankings are Singapore, Vietnam, Indonesia, and India. The article also stated that the current Malaysian government is considered pro-business and the country offers tax breaks on capital expenditures for R&D, exempts duties on imports used by high-tech firms and offers a 10-year tax break up to 70% for companies in priority sectors such as tourism, manufacturing and technical training.

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