Dr Mahathir: Malaysia needs more competitive investment policies to help eradicate poverty

KUALA LUMPUR, June 19 — Malaysia needs to draw up highly competitive investment policies to attract more investments to help eradicate poverty, said former prime minister Tun Dr Mahathir Mohamad.

“I just went to Indonesia and found that now many investors are keen to invest in Indonesia because its 270 million population offers a bigger market than Malaysia, which has a population of just over 30 million. Dr Mahathir said he believed good investment policies would spur the establishment of new industries, including on supply of components, and create more job opportunities.

Earlier, in his speech, Dr Mahathir said poverty affected all races in this country but the problem was worse among the Malays, to the extent that sometimes they were forced to sell their properties including land in order to survive.

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Dr M: Malaysia needs more competitive investment policiesKUALA LUMPUR: Malaysia needs to draw up highly competitive investment policies to attract more investments to help eradicate poverty, says former prime minister Tun Dr Mahathir Mohamad. very much agree. government should compensate the trading losses to the investors. 'I just went to Indo and found that now many investors are keen to invest in Indo coz its 270 mil population offers a bigger market than Msia, which has a population of just over 30 mil'...what? Now only u know Aiyoyo! The way to invest currently is Outside Malaysia & whatever you do just take money out of the country while you still can , even EPF and shit no point Hoping on a sinking ship on fire 🔥
Source: staronline - 🏆 4. / 75 Read more »