30 Mar '17, 5am

Economic angle to government's retreat on Hadi's bill

7 SHARES Whatsapp Facebook Twitter Email Print RSS feed It was a spectacular U-turn, after all the hype about the government planning to take over Hadi’s bill. When it came to the crunch, the moment of truth, Najib, Umno and the government blinked. Some have suggested that BN component parties especially in East Malaysia – and other opposition parties – may have played a part in the retreat. Perhaps, like Mujahid Yusof Rawa suggested, Najib and Umno were never serious about the bill, which served as a convenient distraction from the 1MBD scandal and international investigations. For me (and I suspect, many within the ruling parties), equally important is the economic angle. The country is in the midst of an economic slowdown, facing stiff competition for foreign investment in our nation, which is heavily reliant on such investments. Would foreign investors be rushing to in...

Full article: http://anilnetto.com/religion-and-ethnicity/islam/economi...

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