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GE15: Azmin, Tun M find common ground on fear of PH-DAP's effect on the economy

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Publish date: Sat, 12 Nov 2022, 09:02 PM
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PADANG SERAI: Tun Dr Mahathir Mohamad and Perikatan Nasional (PN) Information chief Datuk Seri Azmin Ali may have differences, but both men are on the same page one thing – the belief that Pakatan Harapan (PH) is bad news for the economy.
 
Azmin, who is also caretaker Internal Trade and Industry (MITI) Senior Minister, today echoed the Parti Pejuang Tanah Air's (Pejuang) pro-tem chairman's sentiment that PH and DAP are not friendly to the business community and investors.
 
"This is what led to the economic slowdown in our country for 22 months. It was due to the stand taken by Pakatan Harapan at this time which was not business or investor-friendly.
 
"There was no specific approach to ensure the government's responsibility to facilitate businesses," he said after attending a dialogue session with the Chinese community in Lunas here. 
 
Azmin, who was the minister in charge of Economic Affairs in the PH government's cabinet led by Dr Mahathir, said the then finance minister, DAP's Lim Guan Eng, had used government department and agencies to put pressure on the business community.
 
"This is an unhealthy approach, because those businesses have been contributing to the country's economic growth for a long time. If there is one or two cases that must be scrutinised, the process should be done in a transparent and open manner, and not by intimidating them."
 
Azmin added that after Perikatan Nasional (PN) took over the government following the collapse of PH government, it reviewed and recalibrated the country's investment policies to create a government was pro-business and investor-friendly.
 
These include his various trips to Europe, the United States, the Middle East, Japan and South Korea to share Malaysia's new investment policies.
 
He was it was imperative to gain investor confidence because businesses are the prime movers to accelerate economic growth.
 
"Alhamdulillah, they were convinced that PN government was committed to working with the business community.
 
"We are now seeing the positive outcomes when Bank Negara yesterday announced that Malaysia's economy grew by 14.2 per cent in the third quarter of this year.
 
"This can't be happening by what we have done in the past six months. What we harvest now is not the seeds that we sow six months ago."
 
He said it began two years ago when PN chairman Tan Sri Muhyiddin Yassin revamped and recalibrated Malaysia's economic policy.
 
As such, Azmin shared his concern that all the good achieved by the PN government would be compromised should PH return to power after the 15th General Election.
 
"If PH is not tabling pragmatic, progressive policies that can drawn in investors, I am concerned that Malaysia's economy will take a turn for the worse."
 
Azmin said prior to the dissolution of Parliament last month, the PN government had been focusing on preparing the country to face the economic uncertainties of next year.
 
"Even if there is recession next year, we hope the impact is not severe, because our economic fundamentals are getting stronger and should be able to cushion the impact."
 
Last night, in his speech at a gathering with Pejuang supporters in Sungai Petani, Dr Mahathir said the people should reject Pakatan Harapan in the GE15 as they became arrogant after assuming power in the previous general election.
 
The former premier told the crowd that PH government was anti-business.
 
He shared his experiences with crowd on how PH had wanted to cancel all projects awarded to big companies because PH accused the business owners of being capitalists.
 
However, Dr Mahathir said PH forgot that the companies employed many workers who would suffer if the contracts were terminated.
 

https://www.nst.com.my/news/politics/2022/11/849940/ge15-azmin-tun-m-find-common-ground-fear-ph-daps-effect-economy

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Azmin added that after Perikatan Nasional (PN) took over the government following the collapse of PH government, it reviewed and recalibrated the country's investment policies to create a government was pro-business and investor-friendly.

These include his various trips to Europe, the United States, the Middle East, Japan and South Korea to share Malaysia's new investment policies.



Talk kok.
Foreign investors went to Indonesia, Vietnam and Singapore. Only little investors coming to Msia.

2022-11-13 13:41

arv18

No one really coming here - too many FAT, lazy, greedy umno/bersatu/pas/pejaung middlemen.

coming soon to a theater near you:
USD1=RM10
SGD1=RM6

2022-11-14 03:01

stockraider

After PN & BN took over govt from PH......Msia become worse loh!

Go for PH.....for better Msia mah!

2022-11-14 07:14

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