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Foreign investors returning as Malaysia's growth picks up, CIMB chairman says

Foreign investors returning as Malaysia's growth picks up, CIMB chairman says

KUALA LUMPUR (Aug 30): Malaysia's robust economic recovery is drawing foreign investors back to its markets but investment activity may only gain momentum after the general election, the chairman of Malaysia's second largest CIMB Bank said on Wednesday.

Datuk Seri Nazir Razak, a prominent industry figure and the younger brother of Malaysia's Prime Minister, said exports to China, recovery in commodity markets and the uptick in the global economy have helped Malaysia grow faster. But foreign investors are holding off due to uncertainties created by the impending election.

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