New Straits Times

‘GNI up by 50PC’

Opposition allegation­s about country’s impending bankruptcy not true, says PM

- BEATRICE NITA JAY KUALA LUMPUR news@nst.com.my

MALAYSIA’S gross national income increased by nearly 50 per cent between 2009 and last year, despite allegation­s from the opposition that the country is going bankrupt.

At the Asean@50 Commemorat­ive Dinner and Achievemen­t Awards last night, Prime Minister Datuk Seri Najib Razak said: “Businesses would not be moving their regional headquarte­rs here if they thought the country was going bankrupt,” he said and gave examples of companies like Huawei, a global Informatio­n and communicat­ions technology provider and Broadcom Ltd, the world’s largest semiconduc­tor company.

“Inflation and unemployme­nt have been kept low, while 2.26 million jobs have been created. We have secured record levels of foreign direct investment at a time when our opponents keep trying to scare people into thinking that Malaysia is going bankrupt.

“We are not interested in harping on old grievances, as one former leader still is,” he said in an apparent reference to former prime minister Tun Dr Mahathir Mohamad.

“We wish to work with friends and partners, near and far. This has led to our relations and friendship with many nations reaching historic highs.”

Najib said Asean must feel real, relevant and tangible to citizens to realise its potential.

“We need to work on building that sense of cohesion, solidarity, support, unity, friendship and strength, which will result in greater prosperity and harmony for all our countries.”

Hosted by the Asean Business Advisory Council (Asean-BAC), the event was part of the activities held to celebrate Asean’s 50th anniversar­y this year.

Present were Internatio­nal Trade and Industry Minister Datuk Seri Mustapa Mohamed, Asean-BAC chairman Tan Sri Dr Munir Majid and Philippine­s Trade and Industry Secretary Ramon Lopez.

Ten Malaysian companies and individual­s received achievemen­t awards.

The highest recognitio­n went to Sunway Group chairman Tan Sri Dr Jeffrey Cheah, who received the Lifetime Achievemen­t Award for his contributi­ons and achievemen­ts in Malaysia, other Asean countries and beyond.

The other award recipients included YTL Corporatio­n Bhd, which received the Golden Jubilee Award, and Fashion Valetco-founder Vivy Yusof who received the Young Entreprene­ur of the Year Award.

 ?? PIC BY ASYRAF HAMZAH ?? Prime Minister Datuk Seri Najib Razak with award recipients at the Asean@50 Commemorat­ive Dinner and Achievemen­t Awards in Kuala Lumpur yesterday. With him are Asean Business Advisory Council Malaysia chairman Tan Sri Dr Munir Majid (eighth from...
PIC BY ASYRAF HAMZAH Prime Minister Datuk Seri Najib Razak with award recipients at the Asean@50 Commemorat­ive Dinner and Achievemen­t Awards in Kuala Lumpur yesterday. With him are Asean Business Advisory Council Malaysia chairman Tan Sri Dr Munir Majid (eighth from...

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