Focus on economy, not political noise
==========
Malaysia's economy is thriving with the ringgit's surge against the US dollar; foreign investments are increasing, with a proposed US$14.7 billion investment from US tech giants; tourist inflow is nearing pre-pandemic levels, bolstered by visa-free travel with China; Prime Minister Anwar Ibrahim emphasizes economic reforms, including a RM4 billion annual savings from diesel subsidy rationalization; the government faces challenges in further subsidy reductions; maintaining political stability is crucial for economic recovery; the article warns against being distracted by political issues, echoing Bill Clinton's phrase 'It's the economy, stupid!'
#Malaysia #Economy #Investment #Tourism #PoliticalStability #Subsidy #ForeignInvestment #AnwarIbrahim #Ringgit #Geopolitics
https://www.nst.com.my/opinion/columnists/2024/10/1118276/focus-economy-not-political-noise
New Straits Times /
npub1da…x087j
2024-10-11 09:56:39
Author Public Key
npub1da9xhqetht0hvcwa6g5ftpl58zs3zymrtf6t69rfw66hr2uk6gnq9x087jPublished at
2024-10-11 09:56:39Event JSON
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"content": "Focus on economy, not political noise\n==========\n\nMalaysia's economy is thriving with the ringgit's surge against the US dollar; foreign investments are increasing, with a proposed US$14.7 billion investment from US tech giants; tourist inflow is nearing pre-pandemic levels, bolstered by visa-free travel with China; Prime Minister Anwar Ibrahim emphasizes economic reforms, including a RM4 billion annual savings from diesel subsidy rationalization; the government faces challenges in further subsidy reductions; maintaining political stability is crucial for economic recovery; the article warns against being distracted by political issues, echoing Bill Clinton's phrase 'It's the economy, stupid!'\n\n#Malaysia #Economy #Investment #Tourism #PoliticalStability #Subsidy #ForeignInvestment #AnwarIbrahim #Ringgit #Geopolitics\n\nhttps://www.nst.com.my/opinion/columnists/2024/10/1118276/focus-economy-not-political-noise",
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