31 Jul '18, 2am

Malaysians to be ‘gifted’ with higher car prices – Najib https://t.co/l4ktHQdLGJ

Malaysians to be ‘gifted’ with higher car prices – Najib https://t.co/l4ktHQdLGJ

On Monday, prime minister Tun Dr Mahathir Mohamad said the government is reviewing the National Automotive Policy (NAP) , and that it could impose new conditions on the importation of foreign vehicles as a means to prioritise local brands. Obviously, this has attracted a lot of commenters, with the latest being former prime minister Datuk Seri Najib Tun Razak. In a post on his official Facebook page, Najib said Malaysia is a signatory to various free trade agreements and that encouraging protectionism will trigger a response from other countries that leads to higher prices for Malaysians as well as less competitive exports. “It is an irony when the rakyat voted on the promise of lower petrol prices and abolished tolls do not get it but will be ‘rewarded’ with higher car prices,” read the post. “When I was elected was prime minister, high car prices and the protection of Pr...

Full article: https://paultan.org/2018/07/31/malaysians-to-be-gifted-wi...

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