What is happening here? Can Guan Eng explain?
(LSS) – Last week our Finance Minister Sir Lim Guan Eng said our foreign investments surged 379% and Malaysia is on the right track.
But today (10 Dec 2018) alone, I see all these headlines.
Foreign selling of Malaysian bonds picks up in November
https://www.thesundaily.my/bus
Bursa Malaysia ends at nearly 2-year low
https://www.thesundaily.my/bus
Foreign funds resume withdrawing shares listed on Bursa Malaysia
https://www.nst.com.my/busines
Malaysia’s November palm oil stockpile swells to record high
Decline in exports outpaced production fall, surplus supply to weigh on price
https://asia.nikkei.com/Busine
Our ringgit is also doing shit.
Even during Najib time, we complain that RM1 can only buy 8.5 baht. Today, the same Ringgit can buy only 7.8 baht.
Don’t even talk about USD and SGD.
So, what is happening here? Can Guan Eng explain? Why are things looking so much worse compared to before GE14?
I am getting really worried.
