Anwar: Corruption A Major Obstacle To Foreign Investment In Malaysia

  • 📰 malaymail
  • ⏱ Reading Time:
  • 47 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 39%
  • Publisher: 86%

Politics News

Corruption,Foreign Investment,Malaysia

Prime Minister Datuk Seri Anwar Ibrahim has reaffirmed his government’s commitment to combating corruption, highlighting its detrimental impact on foreign investment. Anwar emphasized that eradicating corruption and improving governance are crucial for Malaysia's economic growth, stating that investors seek stability and transparency.

On 55th birthday, Sultan of Kelantan sounds early prep for year-end monsoon, asks Putrajaya for airport extension, and 15-year tax exemption

BN’s win proves voters have little appetite for identity politics based on race and religion, analysts say after Mahkota and Nenggiri polls “We need to save the country. The primary issue is poor governance coupled with systemic corruption,” he reportedly said in the interview.news report further stated that Anwar stressed that both local and foreign investors seek stability and transparency, and these are essential to building trust.

When questioned about the aggressive pace of his administration’s anti-corruption efforts, Anwar replied, “If it were up to me, I’d go after them without mercy.” However, he noted the need to engage his coalition in discussions on finding the best solutions.Nevertheless, high-profile cases such as the 1Malaysia Development Berhad scandal — which saw former Prime Minister Datuk Seri Najib Razak convicted of embezzling millions — continue to cast a shadow on Malaysia’s governance.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines