performing benchmark index in Asia in 2019.
Some US$2 billion in global funds have exited Malaysian stocks this year, according to Bloomberg, while former Finance Minister II, Datuk Seri Johari Abdul Ghani has put the figure at more than RM20 billion since May 2018. This outflow is deemed the largest among emerging Asian equity markets.
The dismal performance has been largely blamed on cuts in public spending given the government's fiscal constraints, a weak ringgit and question marks over the succession of the country’s leadership.
The share index’s price-to-book valuation of 1.5 times is near the lowest since 2009 and at a discount to the 10-year average. The market is 5% away from bear market levels, Bloomberg reported.
Adding to the issues is the increasing number of companies that have let go of employees.
Last month, Bank Negara Malaysia announced that the economy grew 4.4% in the third quarter of 2019, moderately lower compared with the 4.9% growth recorded in the second quarter. The Malaysian economy continued to expand in the third quarter bringing the overall performance of the first three quarters to 4.6%. The unemployment rate was stable at 3.3% in the third quarter of 2019, according to Bank Negara's statistics. However, the numbers do not seem to reflect the situation on the ground.
Meanwhile, disharmony and racial issues are being fanned by various quarters for political mileage.
Against this backdrop, The Edge asked prominent individuals to pen down what they feel ail the country.
Save by subscribing to us for your print and/or digital copy.
https://www.theedgemarkets.com/article/what-ails-malaysia-seven-prominent-people-give-us-their-take
Created by savemalaysia | Jul 23, 2024
Created by savemalaysia | Jul 23, 2024
Created by savemalaysia | Jul 23, 2024
Created by savemalaysia | Jul 23, 2024
Created by savemalaysia | Jul 23, 2024
Created by savemalaysia | Jul 23, 2024
Created by savemalaysia | Jul 23, 2024
Created by savemalaysia | Jul 23, 2024
The leaders have little grey matter, the officers are neither benevolent nor dedicated, majority of the commoners are both delusionally upholding an outdated philosophy and obsessively practicing a counterproductive way of life....
2019-12-21 19:18
Tha backwardness in thinking, evidence-baseless philosophy and old-fashioned practices...
.....not catching up with time
Mulut celupar....see how long India or China can tolerate
2019-12-22 06:02
Busy body menjaga tepi kain orang......
......bodoh sombong joining the west fitnah propanda against indispensible business associates
how not to ail?
2019-12-22 06:18
all when the very old man has irreversible dementia and verbal darrhea
2019-12-22 06:42
......selective prosecutive thinking, failed judgment on justice, equality and equitability
2019-12-22 06:44
When the senile, thoughtless and deluded propose countries plagued by mismanagement because of corrupted statemen and outdated governing system to work together with each other. Hence the blind, dumb and ignoble lead the blind, dumb and ignoble...
2019-12-22 08:21
Together...by number....1.7 billion of the world’s population,
......mostly live in poor, underdeveloped countries with small markets and pathetic purchasing power.
2019-12-22 08:24
New...or renewed gomen.....but still unrepentfully mixing with wrong 'peers'
How not to ail?
2019-12-22 08:25
Failure to catch up with time for over a millenium is not a mistakable excuse..........
2019-12-22 08:27
...so are being stucked in backwardness in thinking, noneviden-based philosophy for success in hypermodern living, and laughable old-fashioned practices...
2019-12-22 08:29
Total failure in leadership and imagination......
....Just imagine if a few "Christian" countries came together and held a summit just like this.
Imagine they announced that they will trade among themselves to lessen their reliance on “non-Christian" countries.
I wonder what the reaction would be.
2019-12-22 08:31
Posted by EngineeringProfit > Dec 21, 2019 7:18 PM | Report Abuse
The leaders have little grey matter, the officers are neither benevolent nor dedicated, majority of the commoners are both delusionally upholding an outdated philosophy and obsessively practicing a counterproductive way of life....
all when the very old man has irreversible dementia and verbal darrhea...
"We have been conditioned to think that only politicians can solve our problems. But at the same point, maybe we will wake up and recognize that it was the politicians who created our problems" - BEN CARSON
2019-12-22 08:34
Only servant leaders serve the community well.....
.......not of fake bersatu, fake hope or fake faithful ones
Come next GE....haha
2019-12-22 08:42
Being a liability to the GE14 winning team, and fail to achieve greatness in own portfolio....
....but busy body menjaga tepi kain orang......
and busy bodoh sombong
2019-12-22 08:50
All hell breaks loose when the very old man has irreversible dementia, zakirdelusion and verbal darrhea.....
2019-12-22 08:53
All based on delusion, not reality......how to progress
.......still talking about baseless flying horses
2019-12-22 09:04
Own backyard is full of uncleanseable shit, regular flood and delusionally incorrigible ppl.....
......how can we talk about international issues
where it seems to be potentially hurt our economy, if anything impactful
2019-12-22 09:25
Hoo haa Summit of all the frogs under coconut shell, by all the frogs under coconut shell for all the katak di bawah tempurung
2019-12-22 10:34
What ail......?
List of factors/syndromes:
1. Wolves in sheep's clothing
2. Frogs under coconut shell
3. Counterproductive delusional education
4. Absolute suppression of multiversocuriosity and religomagination
5. Backward vision of 6th century in the expense of latest evidence-based down-to-earth-cum-supereffective solution to humanity and livelihood problems
6. Busy body menjaga tepi kain orang
7. Mixing with the wrong peers in a bodoh sombong manner
2019-12-22 12:11
Anti-vaxxers are not made to pay for outbreak of communicable diseases
2019-12-22 12:14
8. Failure of the ppl to stand against delusion, stupidity and evil
2019-12-23 16:53
When black shoe, Jawee and free meals are suppose to educate our children to become independent, resourceful and competitive adults in future.....
2019-12-23 20:10
9. Making a big fuss and fitnah over small matters which are not supposed to sweat over......
.....nonissue stuff becomes big issue
small thing becomes national security issue pula
2019-12-23 20:13
Dreaming of Greta, but with outdated philosophy, irrelevant practices and wrong belief system, only to be waken up by nightmare of Malala
2019-12-24 11:10
Legal is illegal, and illegal is legal (Vijay47)
Unbelievably police has obtained a court order to stop the Dong Zong meeting (to discuss the issue of teaching Jawi in vernacular schools).
The next time somebody wants to hold a meeting, say a group like the DAP or some non-Muslim organisation, just check to see whether racial fanatics have threatened to do the "Malay thing" that Mahathir spoke about. If so, stop the function at once.
This would be most necessary since the police has just admitted that you cannot do anything if there are warnings of riots. After all, legal is illegal and illegal is legal.
2019-12-28 08:15
Ponder for yourself....
One of my many great grandchildren attended standard one in anational school this year. When he came home, I asked him to tell me things that happened in the memorable first day. He said a girl with headscarf stting in front of him threatened him that he would go to hell after a round of self-introducion in class.
My great grandchildren : Just because I am a Dayak and nonbeliever of her god or her holy scripture?
Me: Although your great grandfather, me, is a master in philosophy and psychology, I'll find it extremely challenging to undo the damage she had inflicted onto you intentionally or unintentionally.
My great grandchildren : I ran to question my class teacher, and guess what!? He affirmed what she told me!!!!
Me: Believe me. This is damned seriously and unmistakeably foolish, folly and utterly rubbish. I feel like stomping into your school tomorrow to discuss in your class, your dear little friend and class teacher about this incident. I'll call in the headmistress too. And ask your father to bring this up in the PTA meeting next month.
(to be continued)
2020-01-15 08:13
EngineeringProfit
In a naturally rich land, misery and poverty are evil-inspired and man-made
2019-12-21 14:31