Monday, August 23, 2010

No action on school headmistress for making racist statements

Najib speaks of 1Malaysia but his officers continue to spout racist statements

The whole of Malaysia is waiting for Najib to take his stand against the latest racist statements spouted by a headmistress in Johor to her students. Instead he shows ignorance and bliss and still managed to organize a side-show to deflect away all the bad press by trying to victimise Lim Guan Eng on a non-issue.

DAP advisor Lim Kit Siang has called on the prime minister to prevent his 1Malaysia policy from degenerating into a “hollow and empty” slogan, following a slew of attacks by Malay rights groups against politicians for purportedly questioning the social contract.

Najib has remained silent on such attacks as well as on recent incidents where two school principals were accused of making racist remarks against the Chinese and Indian communities.

Bernama: Najib calls for investigation on LGE on mosque issue but is totally silent on racist headmistress

Kit Siang: Najib's 1Malaysia is an empty promise

The Star: Squabbles between MCA and UMNO reaches new heights

Koh Tsu Khoon joining the fray: Don't be obsessed with your 30% Bumi quota
JR: Is BN breaking down? Najib, are you still in control?

Malaysia Today: Najib under immense pressure as BN's popularity continue to slide (may resort to extreme measures)

Malaysia Today: Most Malaysians believe surau attack perpetraded by UMNO.

Malaysiakini: Government suspends DJ from Chinese radio station but Utusan Malaysia is allowed to continue spewing its racist articles

Mosque Official: BN using Islam to spread discontent

Wednesday, August 04, 2010

Malaysia's Plunging FDI - What has Najib done (or didn't do)?

Malaysia under Najib is losing out to its neighbours

A lack of confidence in Malaysia's economy has driven foreign direct investment (FDI) away, leaving the once-roaring "Asian tiger" to compete with countries in the Indochina region, said an opposition party yesterday.

The World Foreign Investment Report 2010 released by the United Nations on Thursday showed that FDI in Malaysia plunged 81 per cent last year, trailing behind the Philippines, Vietnam, Thailand, Indonesia and Singapore. "For the first time ever in history, Malaysia attracted less investment than the Philippines," said Mr Tony Pua, the chief economist for the Democratic Action Party.

The Philippines attracted US$1.95 billion ($2.67 billion) in FDI compared to Malaysia's US$1.38 billion, while Singapore raked in the most - more than US$16 billion.

"Among South-east Asian nations, we are now only attracting more FDI than Cambodia, Myanmar, Brunei, Laos and Timor Leste," added Mr Pua.

Prime Minister Najib Razak is determined to lift Malaysia's profile as a destination for foreign investment to help achieve an average gross domestic product (GDP) growth of at least 6 per cent per annum over the next five years.

"Malaysia was the only country where our outflow of FDI amounting to US$8.04 billion is substantially greater than the FDI of US$1.38 billion received," charged Mr Pua.

"Not only are foreign investors unwilling to invest in Malaysia, our own local investors as well as foreign investors who are already in the country have a total lack of confidence in the ability of our economy to generate an attractive return on their investments."

Tengku Razaleigh: We are entering the peer group of Cambodia, Burma and the Philippines as an investment destination. Thailand, despite a month-long siege of the capital, attracted more FDI than we did last year. Indonesia and Vietnam far outperform us, not as a statistical blip but consistently. Soon we shall have difficulty keeping up with the Philippines!

Nazir: Foreigners worry about Malaysia's affirmative action (if they can discriminate against their own, what about us foreigners?)

Washington Post: Anwar's trial will make Malaysia lose out even more

Najib's image in tatters? Get Joceline Tan to write him a glowing article!