Published on: Sunday, April 04, 2021
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REPORTS presented by the government are that the Malaysian economy is strong and that foreign investment is flooding in by the billions of dollars.
This is obviously contrary to the claims by economists and bankers who say the Malaysian economy is actually on a downward spiral with strong possibilities of becoming a failed country.
It is a fact that many foreign manufacturing companies are moving their factories from Malaysia to Indonesia, especially from Penang. Indonesia is the favoured country for foreign investment. It has the population and has fair and just laws and policies. Indonesia is also reported by the World Bank that by 2030, it will become the third biggest economy, after only the United States and China. This can be seen by many Sabahans who visit Kalimantan.
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