Green groups: Malaysians not against foreign investment, but Putrajaya can’t put profit over planet | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 86%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Green groups: Malaysians not against foreign investment, but Putrajaya can’t put profit over planet

Anti-Lynas demonstrators rally in front of Parliament compound in Kuala Lumpur April 10, 2019. — Picture by Shafwan Zaidon

“Related to the environmental issues, there were many industries either from local and international investors polluting our environment. We can list them. The incident in Sungai Kim Kim and Pasir Gudang were the recent ones. “[Prime Minister Tun Dr Mahathir Mohamad] says Lynas are giving us a lot of money but can we eat money? What happens in the future when the water supply and natural resources in the area are dead?”

Prior to that, International Trade and Industry Minister Darell Leiking had said that the Lynas experience in Malaysia should not be seen as a deterrent to investors when doing business here. “Experts must involve explaining the issues to the public and the authorities. The industry and the authorities then must follow the advice of the experts who understand the matter material and procedures,’’ he said.

“By this I mean investments which contribute to the economy, and which are also low carbon and resource efficient. As a signatory to the Paris Agreement we are obligated to do so,” its president Nithi Nesadurai said.

 

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 ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Govt sets up special committee on Islamic finance | Malay MailPUTRAJAYA, Aug 27 — The Ministry of Finance (MoF) has announced the establishment a Special Committee on Islamic Finance (JKKI) to promote and encourage development of Islamic Finance. The committee, chaired by Deputy Finance Minister Datuk Amiruddin Hamzah, comprises nine regulators and Islamic...
Source: malaymail - 🏆 1. / 86 Read more »

Health Ministry lifts suspension on Malee trade and business | Malay MailJOHOR BARU, Aug 27 — The suspension on Malee Mineral Water Sdn Bhd’s trade and businesses in late June, was lifted on August 16. The company, in a statement, said the Health Ministry (MOH) through its Food Safety and Quality Division had issued a letter dated Aug 16 to the company regarding the...
Source: malaymail - 🏆 1. / 86 Read more »