: The government should encourage domestic investment and stop relying on foreign direct investment to move the economy, former prime minister Tun Dr Mahathir Mohamad said.
“This is why they are ahead of us. We are too dependent on FDI, which is why we are unable to catch up with them. The time has come for us to try a different method,” Mahathir said when debating the International Trade and Industry Ministry’s budget allocation.He said the government needs to put in effort to market local products on the international stage.
The bloc voting was held under a new system that Azhar implemented to prevent a repeat of a miscount last week, where he instructed those taking attendance on each side to be monitored by another lawmaker opposite them.