Kuala Lumpur, May 7 -- In the context of global trade uncertainty, Malaysia may not achieve a hat-trick in approved investments this year after two straight years of record-high numbers.

The country is also likely to miss its 5% target for approved investments.

Prof Dr Wong Chin Yoong of Tunku Abdul Rahman University's Faculty of Business and Finance predicted that domestic investments will likely slow down in 2025.

Meanwhile, multinational companies may delay their investment decisions due to tariff issue and risks of the US's economic recession.

The US was Malaysia's top foreign investor last year, with a combined approved investment of 32.8 billion MR (7.74 billion USD).

Foreign direct investment (FDI) plays an important role in d...