Thursday, February 16, 2012

Direct Investment Posts Net Outflow Of RM7.9 Billion

KUALA LUMPUR, Feb 15 (Bernama) - Direct investment posted a net outflow of RM7.9 billion for the fourth quarter (Q4) of 2011 from RM7.7 billion in the previous quarter, said Bank Negara Malaysia (BNM) today.

Source from (Bernama): http://www.bernama.com/bernama/v6/newsbusiness.php?id=645947
Published: February 16, 2012

Year-on-year (Y-O-Y), direct investment switched to net outflow of RM7.9 billion from net inflow of RM1.9 billion in the previous corresponding period. The central bank said the scenario was attributed to higher net outflow in direct investment abroad (DIA) of RM14.4 billion (Q4 2010: -RM8.9 billion) and lower net inflow in foreign direct investment (FDI) of RM6.5 billion (Q4 2010:RM10.7 billion).

In 2011, direct investment continued to show net outflow of RM12.4 billion (2010:-RM13.6 billion), a decrease of RM1.2 billion. The was attributed to net inflow in FDI, which rose to RM32.9 billion from RM29.3 billion in 2010. Meanwhile, DIA posted higher net outflow of RM45.3 billion (2010: -RM42.9 billion).

In addition, it said the portfolio investment registered lower net outflow of RM2.7 billion for Q4 of 2011 from RM23.4 billion in the previous quarter.

Portfolio investment reverted from net inflow of RM3.5 billion Y-O-Y to net outflow of RM2.7 billion. Cumulatively, in 2011, portfolio investment registered lower net inflow of RM30.3 billion from RM48.5 billion in 2010.

BNM also said that international reserves rose by RM6.3 billion in Q4 2011, compared to a rise of RM10.9 billion in the previous quarter, to RM423.4 billion at end-2011.

-- BERNAMA

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