Thursday 6 September 2007

Mahathir's Comment On IDR

Singapore time 7.42 am 6th September 2007

Yesterday ST carried report of Mahathir's comment on the IDR. It seems he is at loogerhead with Lee Kuan Yew in Malaysia/Singapore relationship during his time as MP, PM and retirement.

He is wrong for suggesting Malaysia do it alone without outside help. The most important is the political stability and economic culture of a country that attract foreign investors. How is Malaysia going to have hugh investment pie with that sort of mentality. What they can achieve will be on investment from Muslim countries and some local established foreign firms. If they want more investment like what China is attracting, they have to sort help from Singapore in this area. Singapore has many overseas venture in this sort of trade.

In the report he also mentioned past disputes with Singapore and the continuation of these disputes unresolved.

He championed the Malay bumiputra course but he does not realise he is an Indian Muslim. So it seem he look upon himself as a Malay rather than an Indian.

His policy has ingrained in Malaysian Malays the attitude of Malay supremacy. This is not right and unfair to other races in Malaysia. It will take sometime for this to settle down and a strong leader to grip Malaysia together in fair treatment to all Malaysian citizens.

Abdullah is a weak leader. Najib could be strong, but I doubt it is an easy task to do away with NEP and Bumiputra policies.

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