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Malaysia emerges as FDI and tourism leader in Southeast Asia
Malaysia emerges as FDI and tourism leader in Southeast Asia

The Star

time2 days ago

  • Business
  • The Star

Malaysia emerges as FDI and tourism leader in Southeast Asia

PETALING JAYA: Malaysia has solidified its position as a rising star in Southeast Asia for foreign direct investment (FDI) and tourism, according to Nga Kor Ming. Nga, who is the United Nations (UN) Habitat General Assembly president, said this achievement reflects the Madani government's good governance, investor-friendly policies, and strong international diplomacy. "From easing visa regulations to deepening diplomatic ties, the government is paving the way for Malaysia's global recognition," said Nga in a statement on Thursday (June 12). Malaysia was recently ranked the third most attractive destination for FDI globally in the newly released 2025 Baseline Profitability Index (BPI), trailing only India and Rwanda. Regionally, Malaysia leads Southeast Asia, outpacing peers such as Singapore, Vietnam, Indonesia, and the Philippines. The BPI, developed by economist Daniel Altman, evaluates 100 countries based on their potential for profit generation, value preservation, and capital repatriation over a five-year horizon. Malaysia has also overtaken Thailand as ASEAN's most visited tourist destination in the first quarter of 2025, according to Vietnam Express. It reported that Malaysia welcomed over 10.1 million foreign tourists from January to March 2025. Thailand came in second with 9.55 million visitors, followed by Vietnam and Singapore with six million and 4.31 million arrivals, respectively. Nga also highlighted Malaysia's recent appointment as the UN-Habitat Assembly president, calling it a timely recognition of the country's leadership in sustainable urban development. "This role positions Malaysia to deepen international cooperation and expand our influence on the global stage," added Nga.

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