Our new finance minister has to chew the bullet and start afresh. When too many dubious contracts are made and it has to be made clear and clean before we can move forward that is to clear the balance sheet and move forward. Don't like to live in la la land when what a person owes and what he has is not known and one day it will rear its ugly head when we are deep down in debt.
Foreign fund running away cause don't growth next year so no point of investing here. The 1tril debt is a no shocker cause Bank Negara had been reporting it every quarter. If you check the calendar, big sellof happened after cancellation of gst, ecrl and hsr...so if lge want to convince foreign fund by behaving like this, then definitely they are scrambling out...go figure yourself of how to bring them back, I'm not interested to teach this arrogant and stupid government.
When they want to give excuse for not achieving manifesto they tell people that debt is 1tril, when they go to Japanese banks for loan they tell the bankers actually debt only 680bil, fund ran away lorrr...
what country need is a package of investment n investment pr kind of stuff or stunts to instill confidence. Once is done, sentiment changed, the currency value will increase, not go down and everything will start to run again.changing perception
hoping Singapore and China to help reduce debt chances is slim. How will they understand us and our situation whilst on the other hand you say want to build island near Singapore and so is China on your Look East Policy & the remarks make in the forest city.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
davidkkw79
5,068 posts
Posted by davidkkw79 > 2018-06-16 11:11 | Report Abuse
As a investors in malaysia, we are not putting any hope at this finance minister.