We've seen a few notable stories of foreign players investing in or entering Malaysia, whether it's Amazon, Tesla, Shopee, or payments unicorn Xendit, and while we often hear about the need to attract foreign companies and FDI - Foreign Direct Investment - in the name of the country’s development, why is it so important?

Enterprise BizBytes discusses this with former Deputy Minister of International Trade and Industry Ong Kian Ming exploring the importance of bringing in foreign players like these into Malaysia and the criticisms of the value that these company's truly provide when setting up shop in Malaysia.

Photo Credits: Shuttershock | Fiqah Anugerah Dah Besa