Once a vibrant economy, richly-endowed with resources including crude and palm oil - Malaysia has since the 1980s fallen out of the ranks with the Asian Tigers such as South Korea, Taiwan, and Hong Kong.
With each passing day and year, disparities with neighboring Singapore that has since reached developed nation status became more glaring - not by default disadvantage, rather through cumulative mis-governance and leakages (if not outright corruption) from the nation's economy.
At the receiving end of this living tragedy is the country's people, regardless of their race and religion - while unfortunately its leaders have over the years successfully polarized the electorates along racial and religious lines to gain political expediency and survival.
Bursa is down at records YTD with increased domestic negatives surrounded by global uncertainties - major double whammy to Malaysian markets
ReplyDeleteRinggit free fall to 4.48 hitting Asian Financial Crisis levels-expected further drop to 4.52 and 5 going forward
ReplyDeleteHigh speed rail with Singapore brings negligible benefits to Malaysia as costs seen to far exceed actual required
ReplyDeleteAs election nears,Malaysia equities rally on politically-directed fund inflow masked with foreign origins
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