by Dr. Chen Man Hin
DAP life advisor
2nd March 2013
Look at the FDIs inflow to Malaysia compared to other Asean countries for 2012.
According to UNCTAD Malaysia FDI for first half of 2012 was US4 billion, and for the full year would be around US 8 billion.
Whereas it was Singapore US 27.4 billion, Indonesia 8.2 billion, Thailand 5.6 billion.
World bank figures for PER CAPITA INCOME for 2011 are:
Malaysia US$ 9500 ( US$ 7440 in 2008)
Singapore 46241
Thailand 4972
HONG KONG 36012
South Korea 22424
But Malaysia’s PCI of US9500 is far way from the required high income level of US$ 16,000 Continue reading “Hopes for Malaysia to be a high-income economy are not bright because Najib’s NEM does not dump the NEP policy”