Full-year growth forecast has been cut to between 3.0% and 4.0%, down from 6.0% to 7.5% previously.
Some 65% of Chinese companies in a recent survey place Malaysia at the top of their list.
Bank Negara’s economic outlook for 2021 shows a realistic assessment of the underlying conditions of the economy and the downside risks but is over-optimistic on growth.
Electrical products held the biggest share of total exports last year, while a surge in rubber products showed a silver lining in the new norm brought on by the pandemic worldwide.
The company met the pandemic challenge by increasing sales in Europe and Asia-Pacific.
The streaming television leader added some 8.5 million paid subscribers in the quarter to reach 203 million, topping 200 million despite recent price hikes.