Reform programmes that serve people well to continue - PM Najib

Reform programmes that serve people well to continue - PM Najib”

While admitting that Chinese investment had gained prominence in the broad sectors of manufacturing, services, ports, railways, real estate, construction, education and energy, Mr Najib said the FDI flow into Malaysia from various countries had increased by an average of RM36 billion (S$11.4 billion) per annum.

"Allow me to dwell on the state of foreign direct investment, with special reference to the government's stand on Chinese investments into Malaysia, which has been increasingly politicised and blown out of proportion".

Meanwhile, Najib said China's One Belt, One Road initiative would be a game changer for the regional economy, creating enormous trade and investment prospects through greater connectivity via links by sea and land.

"With the government's intervention via the road map, we are aiming to double [the] growth [of the e-commerce sector] to 20.8% per annum to RM170 billion in 2020", he said at the launch of the National Chamber of Commerce and Industry of Malaysia (NCCIM) Economic Forum 2017 here yesterday.

He added that such a myopic and narrow-minded view betrays a fundamental misunderstanding of economics, which would only spell doom for Malaysia.

He said Malaysia continued to welcome foreign investments from the republic as well as other countries around the world, namely, Japan, India, Saudi Arabia, Europe or the American continents.

Najib assured that the Government would not compromise on the country's sovereignty when it came to FDIs.

THE opposition wants to abolish the goods and services tax, but has no clue what it will do to generate the RM41 billion a year that the tax brings in for the state coffers, said Prime Minister Najib Razak today.

"They are scaremongering and spreading lies for their own selfish political reasons", he said.

China is Malaysia's largest trading partner, while Malaysia is China's eighth-largest trading partner, and the second-largest in Asean (Association of South-east Asian Nations). "These mega trends will have both disruptive and opportunistic impact on everything we do", he said.

Najib said it was hard for him to fulfil all requests from various parties or people who came with high hopes when meeting him including at his office in Parliament building.

"I am anxious that I may not be able to realise everybody's expectation".

But the prime minister said people should be mindful that he would not always be able to realise the expectations of those hoping to see whatever they wanted to be approved.

"I will not shed from my responsibility for as long as the people want me to continue to lead this country".

Like this



12 April 2018
New Jersey Looking Towards Sports Betting
New Jersey has demonstrated recently that financial returns from legalising gambling, in particular online gambling can be huge . As of April 2018 New Jersey have spent a massive $7.2M dollars in the fight to legalise sports betting within the state borders.

27 March 2018
The Growth of Online Gaming and Betting Companies
Even though brick and mortar casinos make offers to gamblers, they do not come anywhere close to what is offered on the wide web. Alternatively, they can be used to learn about the game and the features it comes with as well as the strategies that work best.

09 August 2017
Zendaya Says She's Not Dating Tom Holland: ''We Are Friends''
Previously, sources claimed Zendaya and Tom , 21, had even been on "vacations" together as a couple. "This past how many months we've had to do press tours together".

09 August 2017
Twitter, Inc. (TWTR) Rating Reiterated by Barclays PLC
Also, Director Evan Clark Williams sold 684,900 shares of the firm's stock in a transaction dated Friday, May 12th. (NYSE: TWTR ). The firm owned 71,792 shares of the social networking company's stock after buying an additional 16,952 shares during the period.

09 August 2017
Who Won 'World of Dance' 2017? Season One Winner Revealed!
Igo also received a ideal score with her solo "River" at Hall of Fame Dance Challenge in St. For Eva Igo , when it came to winning $1 million, two proved to be better than her one.

09 August 2017
Arlington business owners foil robbery - | Continuous News Coverage | Acadiana-Lafayette
The second suspect punches at the employees in an effort to help his accomplice. "I hope it doesn't happen again". The two employees inside Z Comm Communications had only their bare fists to work with, but they still prevailed.

09 August 2017
JC Penney Company, Inc. Holdi (NYSE:JCP) Trading Volume Significantly Higher
Earnings per share (EPS) is the portion of a company's profit allocated to each outstanding share of common stock. UBS AG reaffirmed a "sell" rating and issued a $4.00 price target (down previously from $5.00) on shares of J.C.

09 August 2017
Cwm LLC Sells 137 Shares of Mondelez International, Inc. (NASDAQ:MDLZ)
The company reported $0.48 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.46 by $0.02. Traders who own the stock with a record date on Fri, Sep 29th will be given a $0.22 dividend. (NASDAQ:LBAI) for 13 shares.

09 August 2017
John Cena vs. Baron Corbin official for SummerSlam
Back from the break and out comes The Usos as we get hype for their SmackDown Tag Team Title match with The New Day at SummerSlam. Cena called Corbin a "skinny fat, loud mouthed, overrated dumpster fire" (part of which he read verbatim off a fan's sign).

09 August 2017
Facebook's Teen-Exclusive App Lifestage Shuts Down
But anyone could easily enter their fake age and pretend to be younger, which raised privacy concerns . Lifestage encouraged users to upload photos and video based on their likes, dislikes, or feelings.