Despite growing political uncertainty, foreign funds are flowing back into Malaysia after fleeing in 2018, when an unprecedented change of government panicked investors.
A whopping net take-up of RM20 billion (S$6.6 billion) of bonds last year far outweighed the RM11 billion in foreign money that left the stock market, and some analysts are heralding it as a positive sign of market reforms under the Pakatan Harapan (PH) administration.
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