Taiwan Investors to Profit on Ringgit’s Fall

By Julian Matthews

Taiwanese investors are keen on pumping in new investments into Malaysia despite the regional financial climate.

Taipei Economic and Cultural Office representative to Malaysia, Paul Tso, said the country is seen as a choice destination for investment.

Taiwanese investors are expected to capitalize on the devaluation of the ringgit, depressed stock market, fall in property prices and lower labor costs.

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