by Edwin Yapp
The Malaysian Insider
Jul 21, 2011
JULY 21 — In my many years as a journalist, one of the most oft-asked questions I’ve put to interviewees who have business interests here in Malaysia is: “What are some of the factors that have prompted you to invest in Malaysia?”
The answers that I get, though not exactly the same every time, can be summarised into one or more of the following major points: low costs, multilingual workforce, skilled labour, and political stability. This was especially true in the heydays of the Multimedia Super Corridor (MSC) Malaysia, when multinationals began pouring their investments into Cyberjaya, building their shared services and outsourcing centres there.
Thus, I read with interest an article last week which quoted our deputy minister of international trade and industry as saying that one of the main features that attracted investors to Malaysia was political stability.
He went on to say that it was “unfortunate” his ministry will now have to rely on other “features” in its bid to promote the country, especially coming off the back of last week’s Bersih 2.0 rally. Continue reading “What’s really choking investments in Malaysia?”