Less than 24 hours after Prime Minister Anwar Ibrahim touted Malaysia recording a total approved investment of RM329.5 billion in 2023 as one of his government's achievements, a PKR lawmaker has cautioned against premature celebrations.

Petaling Jaya MP Lee Chean Chung sought to interpret the contradicting messages concerning the nation experiencing a record-depreciated ringgit while welcoming an unprecedented quantum of incoming FDI.

“First, approved foreign investment is merely...