MGBF: Political stability to usher in new era for business
The Founding Chairman of the Malaysia Global Business Forum (MGBF), Nordin Abdullah, today spoke on Bernama TV’s leading English talk show, The Brief, hosted by Jessy Chahal, on the topic of a stable political reality and what that means for the Malaysian economy. Nordin said, “The first thing that it does is that it allows investors, both domestic and foreign, to know that there will be policy continuity. And what that means is there is not going to be any rapid switching of policies that could threaten investors – either the money that they have here or the ability for them to operate in this country or for them to repatriate funds, in some cases. This policy continuity is really the benchmark that the investors are looking for and you cannot guarantee that in a sense without political stability. “So the fact that Datuk Seri Anwar Ibrahim’s administration now has [...]