1. Hooray. 2. Now Italy “is set to invest RM8.13 billion in Malaysia”. Great! 3. Wait for France and Brazil? More billions. 4. “Bapa FDI” is at it again. 5. Already RM680 bil. (BILLION) has come. 6. You cannot see it because the factories are invisible. 7. In the meantime Mahakaya have to pay tax. … Continue reading BAPA FDI
1. There is a group of people who wants to make any objection against Foreign Direct Investment from China as racist, as being against the Chinese. 2. I categorically welcome FDI from China as I welcome FDI from any country. What I object to is the kind of FDI from China. 3. It is not … Continue reading FDI from China
FDI 1.At independence Malaysia faced a big unemployment problem. To solve this we started with opening land for the landless. But development of land was not able to create enough jobs. It was therefore decided that Malaysia should industrialise. But Malaysia had no manufacturing expertise, no capital, no big corporations and no knowledge of the … Continue reading FDI
1. Malaysia is fortunate in attracting foreign direct investment (FDI). We now talk in billions of Ringgit. In the past we would be happy to attract millions of Ringgit. 2. One report states that total investment achieved by the PM is RM 216.04 billion. The US contribution is RM 63.02 billion. China MOU amounted to … Continue reading FOREIGN DIRECT INVESTMENT
1. Our movement, Gerakan Tanah Air has been promising that we will enrich the Malays and other Malaysians if we get to form the Government after winning this 15th General Election.2. Many doubt that we can. But look at the record of some of the GTA leaders. We inherited a poor country upon independence after … Continue reading ENRICHING THE POOR
1. It is well-known that Malaysia became industrialised through foreign direct investment or FDI. Malaysia was actually among the first to do this. Prior to this the newly independent countries were unwilling to give a role to foreigners in the development of their countries. 2. But the Malaysian policy showed that FDI did not result … Continue reading A NEW ECONOMIC POLICY
** This article was originally published in THE EDGE DAILY , April 19, 2021 1. We want to be a developed country. Industry, manufacturing industry will help us achieve this ambition. But we need to adopt a different strategy. 2. When we decided to industrialise, our objective was to give people some income. But we … Continue reading INDUSTRIALISATION
Mr Speaker Sir, 1. I beg to move the Bill intituled “An Act to apply a sum from the Consolidated Fund for the service of the year 2019 and to appropriate that sum for the service of that year” be read a second time. INTRODUCTION 2.Greetings, Salam Harapan and Salam Sayangi Malaysiaku, I bid to … Continue reading Budget: Finance Minister’s full speech text
Berikut ialah teks penuh perutusan Perdana Menteri Tun Dr Mahathir Mohamad sempena sambutan Hari Kebangsaan 2018: Assalamualaikum dan Salam Sejahtera kepada semua rakyat Malaysia. 1. Buat ke sekian kalinya, kita menyambut Hari Kebangsaan. Secara rasminya, ia adalah Hari Kebangsaan kita kali yang ke 61 mengikut kiraan hari pengumuman kemerdekaan pada 31 Ogos 1957 yang dibuat … Continue reading PERUTUSAN HARI KEBANGSAAN 2018
MY wife and I wish our Chinese friends including those who greet us at shopping complexes and other gatherings a Prosperous and Happy Year of the Rooster. I would like to thank my Chinese friends and supporters for their support during and after my term as Prime Minister of our country Malaysia. Lately attempts are … Continue reading KONG HEE FATT CHOY