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Favourable outlook to Malaysia 2013 economy

Malaysia has risen in various global indexes and reports. Among these are FDI confidence index by AT Kearney FDI where Malaysia stands at 10th (2012) compared to 21st in 2010 and according to Grant Thornton International Business Report, 52 per cent of Malaysian business expected higher revenues this year with 42 per cent looking to invest in plant and machinery.

These significant improvements reflect the success of Government Transformation Programme in its objective of turning Malaysia into a developed nation with a high-income society, reports the Star