That is what Tun M said here.
I am very much subscribed to his opinion. We had had a period of intensive FDI growth rate for the past few decades, especially in the years when the tun was in charged. As a result, we had generated enough talents, technology and knowledge to do businesses that was once were alien to us.
With little incentive or development package from the government, we are in a position to entice the local talents to take a bigger role in the nation building and contribute an even bigger impacts than what the foreign multinationals can.
That was what once Taiwan, Korea, Hong Kong, Singapore had been doing. And now China is doing the same too. Their learning pace are very face, thanks to their policy makers who are very objective and have a clear vision where are there going to - well that would sound sarcastic to someone nearby, hahaha.
Nevertheless, still FDIs are crucial, especially in the area where we are lacking of expertise and experience. You can't live in the global world on your own anyway.
p/s: abang-abang, kakak-adik, pakcik makcik, dato' & datin, kalau tuan-tuan perasan, saya dah tambahkan widget baru indeks harga komoditi terpilih sebagai panduan bacaan indeks ekonomi. Sila rujuk kat sebelah kanan bawah posting area. Kot-kot ada yang berminat.
Comeback
10 years ago
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