Emergency declaration could lead to FDI flight - economists

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Certain segments of foreign investors will see emergency declaration as an undemocratic move.

As the government moves to sustain the domestic economy that has been hit by the Covid-19 pandemic, a declaration of a state of emergency could further lead to a flight of foreign investors, according to several economists.

The possibility of declaring an emergency was first speculated on Friday after Prime Minister Muhyiddin Yassin's audience with the Yang di-Pertuan Agong Sultan Abdullah Sultan Ahmad Shah. Universiti Malaysia Sarawak economist Shazali Abu Mansor said while an emergency state could temporarily restore political stability, certain segments of foreign investors...

 

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Was there any in the first place ? Lol

mkula While I don't support ED but minimum impact to investors (referring to those who open company here) just like undemocratic countries like China, Vietnam n Singapore are enjoying huge investment due to political stability vice versa with Indon n Thai FDI will see a stable gov

Even without emergency declaration, FDI is going out by ship load...

Don't throw wrong perception on Emergency, are referring Emergency in 1969? Be realistic, our politicians are greedy and getting worst day by day. We need this Ordinance to keep them stay as human being. Rakyat are dying each day. Politicians still for power, shame on you

What C19 numbers they gonna 'announce' today .. their last ditch to convince the Council of Rulers. Just like the 'number' he claimed to be PM

Yup.. once used on political intentions, every single next govt will use it too absolutely.

Don't try to SPREAD false rumours and especially YOUR STUPIDITY, as much as we don't agree with it, there's some good too and investors will be more CONFIDENT of the STABILITY it offers and what's more KERALA PUNDEK will be CHECKMATED and possibly 'investigated'...

What you mean 'could'? It will stupid. Not rocket science. Thanks.

Emergency or not .... BursaMalaysiaKL KLCI will collapse Monday

Grab power more important than FDI la

They don’t care.

“Do you ever get the feeling that the only reason we have elections is to find out if the polls were right?” – Robert Orben

Normally kaos lead to Emergency declaration, but in Malaysia, we declare emergency and lead the kaos.

It’s ok because the majority of Malaysians don’t give a fuck even if USD1 = RM10.

Your life and job he does no care already. He only care was his PM chair.

Don't worry. MuhyiddinYassin will use his messianic rotan to make all the FDIs stay put in Malaysia. Malaysia's economy is doomed if all these malay racists terrorists are allowed to remain PM haram and kerajaan haram.

They don't long as their positions are secured,this is what matter to them.

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