Tag: capital

PM Anwar Ibrahim: Investments Must Benefit Malaysians, Not Just Boost Economic Numbers

KUALA LUMPUR, May 23 — Prime Minister Anwar Ibrahim said Malaysia must ensure incoming investments contribute directly to strengthening local industries, improving workforce skills and raising the people’s standard of living, rather than merely increasing economic figures on paper. Speaking at the Forum of Malaysian Scientists MADANI Series 12 held at the Securities Commission Malaysia last night, Anwar said the discussion focused on how Malaysia can position itself more effectively amid the changing landscape of global capital flows. He noted that recent indicators showed encouraging developments, with economic growth, investments and capital markets continuing to record positive momentum, in some areas exceeding initial forecasts. However, the Prime Minister stressed that economic success should not be measured solely through macroeconomic data. According to Anwar, investments entering the country must help build the capacity of local companies, strengthen small and medium enterprises (SMEs), improve citizens’ skills and create meaningful employment opportunities. He added that the MADANI Government remains committed to ensuring that growth is inclusive and benefits all segments of society, including small traders, workers, youths and communities in rural and interior areas. Anwar said Malaysia is currently at an important crossroads as global capital flows continue to evolve and economic resilience increasingly becomes a key factor in national competitiveness. He emphasised that reforms, good governance, fiscal discipline and efforts to strengthen national capacity must continue to be reinforced to secure sustainable growth. The Prime Minister also reaffirmed the government’s commitment to ensuring that the country’s progress is not only reflected in economic statistics but genuinely felt by Malaysians across the nation -- MINUTESMY -- SOURCE: FB ANWAR IBRAHIM

KUALA LUMPUR, May 23 — Prime Minister Anwar Ibrahim said Malaysia must ensure incoming investments contribute directly to strengthening local industries, improving workforce skills and raising the people’s standard ofC, rather than merely increasing economic figures on paper. Speaking at the Forum of Malaysian Scientists MADANI Series 12 held at the Securities Commission Malaysia last […]