Govt advised to take threat of losing FDI seriously

Govt advised to take threat of losing FDI seriously
16 Jul 2021 / 10:30 H.
PETALING JAYA: It is a warning that Malaysia ignores at its own peril. This is the view shared by economist Tan Sri Ramon Navaratnam in response to indications by foreign investors that they may be forced to pull out of the country if the Covid-19 pandemic and lockdown persist.
Ramon, who spoke with
theSun yesterday, also wondered if these were all signs of a crumbling economy.
“If FDI (foreign direct investments) are pulled out, it will be disastrous for our economy,” he said.
“I am aware that many have already countered the narrative that Malaysia is a failed state. However, with such (possibility of investors pulling out) coming to light, I cannot help but worry about the future of our nation,” he added.

Related Keywords

Germany ,Malaysia ,Japan ,United States ,Netherlands ,Petaling ,Malaysia General ,Malaysian ,Muhyiddin Yassin ,Ramon Navaratnam ,Kim Leng ,Sunway University ,Leadership Institute ,Malaysian Economic Action Council ,Centre For Public Policy ,Tan Sri Ramon Navaratnam ,Prime Minister Tan Sri Muhyiddin Yassin ,Public Policy Studies ,Asian Strategy ,ஜெர்மனி ,மலேசியா ,ஜப்பான் ,ஒன்றுபட்டது மாநிலங்களில் ,நெதர்லாந்து ,இதழ்கள் ,மலேசியன் ,ராமன் நவரட்னம் ,கிம் லெங் ,சன்வே பல்கலைக்கழகம் ,தலைமைத்துவம் நிறுவனம் ,மையம் க்கு பொது பாலிஸீ ,பழுப்பு ஸ்ரீ ராமன் நவரட்னம் ,பொது பாலிஸீ ஆய்வுகள் ,ஆசிய மூலோபாயம் ,