When the Man speaks, you would want to listen what he has to say. Yes Mentor Minister Lee Kuan Yew has this to say at Nomura Asia Equity Forum yesterday on Malaysia.
"You look at Malaysia. The economy. It is one of the wealthiest countries in the region. It's got oil, it's got gas, it's got palm oil. All the commodities it has. It's also got manufacturing sector.
But suddenly, it's trapped in some political-cum personal difficulties of charges and counter-charges which can only be bad for the economy. I think the KL Stock Exchange has gone down by 20 per cent. I dont't track it, but I know it's down.
If you have confidence that this will be resolved in six months or one year, then you buy. If it's not resolved and it goes down another 20 per cent, then you've lost........."
Well at least we're the talk of the town, but it's for all the wrong reasons.............so when are we starting work to patch up Malaysia's economy and social woes faced by the people in this tough times?
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