What Is Najib’s Response To PERC’s Blistering Report On Malaysia?

Lim Kit Siang

Yesterday, I criticised the Prime Minister Datuk Seri Najib Razak for coming up with a wishy-washy “1Malaysia” concept, which has come to mean “a thousand and one” different things even to Umno and Barisan Ministers and leaders – resulting in his lament that “I am greatly saddened that such an idea, which is not terribly complicated, is so often not understood.

This criticism has found support in the latest report of the Hong Kong-based Political and Economic Risk Consultancy (PERC) on Malaysia which is quite pessimistic about the Najib strategy of “trying to be all things to all people, but in the end he might satisfy no one”.

In what Malaysian Insider has described as a “blistering report” on Malaysia at the end of January, PERC raised Malaysia’s risk index from 5.24 in December to 5.4 in January – out of a possible maximum score 10 for highest level of risk.

PERC maintained in its report that foreign investments into Malaysia have not been forthcoming, either in direct form or in the equity markets.

It said: “Foreign companies and investors are remaining cautious until they see how Malaysia gets its own house in order.”

PERC is confirming the alarm raised by all astute observers of the Malaysian national scene – that Malaysia is sliding down the slope of becoming even more uncompetitive internationally despite Najib’s 1Malaysia slogan and plan for a Malaysia 2.0 new economic model.

The PERC report said it is “probable” that no other Asian country is suffering from as much bad international press as Malaysia.

Among the developments that caught the attention of world media were the theft of military jet engines, detention of terror suspects from a number of African and Middle East countries following warnings that Islamic militants were planning attacks on foreigners at resorts in Sabah, renewed ethnic and religious “violence” that included arson at some churches and desecration of mosques, and controversy over the integrity of key institutions like the judicial system in the sodomy trial of opposition leader Datuk Seri Anwar Ibrahim.

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One thought on “What Is Najib’s Response To PERC’s Blistering Report On Malaysia?

  1. I AND A NUMBERS OF PEOPLE THINK THE MUST 4 A CHANGE OF GOVERNMENT IS WAITING – ON CONDITIONS THE PR COALITION PARTNERS MUST BE TACTFUL, OBSERVANT, RESOURCEFUL, DEXTEROUS AND EXLICIT TOWARD THE MEMBERS.
    THOSE PR MEMBERS WHO R NOT HONEST N RACIALIST IN MIND AND WITH A BAD HIDDEN AGENDA MUST BE REMOVE. LEADERS WITH SUCH CHARACTERS WILL ALSO NOT BE ACCEPTED BY THE RAKYAT IN THE COMING 13 GENERAL ELECTION.
    LET ME QUOTE PARTY LIKE GOLKA IN INDONESIA AT ONE TIME WAS SO VERY POWERFUL AT LAST ALSO TOPPLE.
    NOW THE TIME HAVE COME – GOD IS ALMIGHTY AND NOW CREATING MISTAKE AFTER MISTAKE BY THE RULING PARTY, TO LET THE RAKYAT HATE AND WAITING 4 THE TIME TO BRING THEM DOWN.
    PR LEADERS MUST BE PATIENT AS WELL AS MUST BE VERY VERY CAREFUL WITH THE UMNO USING THE DIRTIEST TRICK TO DISUNITE PR COALITION, CREATING LEGAL MATTER TO MAKE PR REPRESENTATIVES BUSY AND MANY OTHERS ISSUES.
    THE PR COALITION MUST CONSTANTLY PROTECT AND ASSIST THE RAKYAT TO SPEAK IN PARLIMENT BY ASKING THE GOVERNMENT TO REDUCE ALL IMPORT DUTIES ON GOODS COMING INTO THE COUNTRY, SO THAT THE RAKYAT CAN BUY THINGS VERY MUCH CHEAPER. TO LOWER THE ALL FINES. IT IS NOT THAT WHEN THE GOVERNMENT FREQUENTLY IMPOSED HEAVY FINE, THE RAKYAT WILL BE FIRGHTEN. THE ANSWER IS NO ! THE RAKYAT MUST BE MAKE TO BE AWARE OF WHAT IS THE WRONG DOING AND NOT TO REPEAT THE WRONG DOING.
    VERY BEST OF LUCK TO THE PR COALITION PARTNERS.

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