Read more at https://www.channelnewsasia.com/news/asia/malaysia-economic-outlook-encouraging-lim-guan-eng-11075446
(Updated: )
Ricky Lim
Among others, he pointed out that Malaysia’s foreign direct investment increased by 250 per cent to RM49 billion (US$11.8 billion) in the first nine months of 2018. Exports also rose to a record RM96.4 billion, he said.
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(1) Singapore is the 5th largest recipent of FDI in the World - Singapore received $82.74b (US$62b) of foreign direct investment.
Singapore total investment to the following Countries :-
China is the largest recipient (US$105b) of FDI stocks in Singapore, followed by Indonesia (US$62b), India (US$35b) Thailand (US$28b), Malaysia (US$26b), Russia (US$15b), Korea (US$12b), and Myanmar (US$9b).
(2) Singapore export in 2018 is US$410.5 billion.
Look at the comparison.
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(1) Singapore is the 5th largest recipent of FDI in the World - Singapore received $82.74b (US$62b) of foreign direct investment.
Singapore total investment to the following Countries :-
China is the largest recipient (US$105b) of FDI stocks in Singapore, followed by Indonesia (US$62b), India (US$35b) Thailand (US$28b), Malaysia (US$26b), Russia (US$15b), Korea (US$12b), and Myanmar (US$9b).
(2) Singapore export in 2018 is US$410.5 billion.
Look at the comparison.
Justice Lee
Are the official reserve assets reportedly reduced from US$102.44 billion in 2017 to US$102.03 billion in 2018 economic indicators "very encouraging"???
Unbelievable!!! Foreign direct investment increased by 250 per cent in the first nine months of 2018. Can we have the breakdown?
Dr M had previously estimated the country's national debt at RM1 trillion, how can the economic indicators be "very encouraging"???
Wayang & shameful lah!
Unbelievable!!! Foreign direct investment increased by 250 per cent in the first nine months of 2018. Can we have the breakdown?
Dr M had previously estimated the country's national debt at RM1 trillion, how can the economic indicators be "very encouraging"???
Wayang & shameful lah!
Steven Mok
Don't expect this sycophantic green horn able to analyse a break down itemised to the Rakyat. Can people believe 250 % jump foreign investment when the PH govt hang precariously on many issues and unsettled and kept on non stop twists and turns policies, worst reneged contracts. Only the ignorant dumbs buy his unrealistic comments.
Joseph Lau
The finance minister's job is like Robin Hood. He is required to rob the rich and give to the poor. The majority of malaysians are poor. If he succeeds in robbing the rich and giving to the majority, his next job is being the Prime Minister of Malaysia. Hope those lazy people will appreciate him.
Raymond Goh
Talk Sing Song just to deceive the rakyats. When was Malaysia economic Tiger? This name was never in history. The four dragons are China, HK, Singapore and Taiwan.
Steven Mok
Green horn talks rubbish again..
How could Rakyat to stay United regardless of races and religion if that Chinese and Indians as a Malaysia citizen denied govt special privileges that the Malays are enjoying.
Guan Eng said, he's not aware that Mahathir had cancelled the ICERD in which he promised the minority that he will fight for ICERD and equal treatment for minority. As a minister how could he admits that he not aware the govt plans not to ratify ICERD.
What's a incompetent minister! !
How could Rakyat to stay United regardless of races and religion if that Chinese and Indians as a Malaysia citizen denied govt special privileges that the Malays are enjoying.
Guan Eng said, he's not aware that Mahathir had cancelled the ICERD in which he promised the minority that he will fight for ICERD and equal treatment for minority. As a minister how could he admits that he not aware the govt plans not to ratify ICERD.
What's a incompetent minister! !
Pher Kim Huat
This "song" sang by current FM i.e. a DAP's minister under PH umbrella sounds familiar to be the same tune as those previously sang by former MCA's minister under BN. If not for MY's abundant natural resources including "crude" oil, recent incidents promoting more "crude faces" to protest at Putrajaya will only scare off investors. Not convincing at all against the reality now not to mention moving forward with "better quality" and less "arrogance" from the majority. In many other countries, majority would like to give minority equal if not better treatment to gel with them unlike MY.
Niko Nishi
A country "blessed" with black gold only has a reserve of slightly over US$100 billion. And with the black gold price at less than $50, the outlook is far from encouraging.
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