‘Street protests = shaky investor confidence’

Well, that seems to be the contention of the Federation of Malay Economic Bodies (Gabem).

 

According to The Star report, the organisation ‘wants the Government to act against “irresponsible parties” who have eroded investor confidence in the country through their actions such as holding street demonstrations.’

 

Its chairman Rahim Tamby Chik, also former Malacca Chief Minister, said that ‘by challenging the law they had tarnished the country’s image and caused international rating agencies to give Malaysia a lower rating’.

 

So it looks like this equation simply discounts other possible factors such as the issue of rule of law, judicial independence, the rate of corruption in the country, crime rate, the state of freedom of the press, and the appalling antics of certain government politicians, among other things.

 

Perhaps Gabem also has enough evidence to convince itself that investors have simple minds?

 

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2 Responses to “‘Street protests = shaky investor confidence’”


  1. 1 People Power 20 July 2008 at 12:39 am

    What if the Police were to reopen a file that involves a case of someone politically important who allegedly had a sexual affair with a female under 16 years old in the 90s?

  2. 2 chris chong 20 July 2008 at 9:50 am

    i agree we should not demonstrate at the ibu negara, instead we should demonstrate at our wakil rakyat office!

    We should instead give pressure to our ‘wakil rakyat’ because they represent us. At each of the respective districts which are under the ruling party, we should invite the news reporters, the police and demonstrate at the ‘wakil rakyat’ office or home, to officially send them a memorandum spelling out clearly their obligation and duty, and our expectation from them; failing which they should resign as failing to represent us. I think it is a more effective way to make our wakil rakyat realise that they are chosen by us and we can dismiss them too. Then they will take action to ensure the government make the right decision or they will switch to pakatan rakyat.


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