Najib Praises Hardworking Malaysians For Country's Economic Success

INDICATIVE SIGNS: Najib says by equating Kuala Lumpur with major financial centres such as Hong Kong or Singapore, as some reporters had done in recent weeks, was perhaps indicative of the hype that tended to surround major stock market listings.

KUALA LUMPUR: Prime Minister Datuk Seri Najib Tun Razak  has paid tribute to Malaysians whose dedication and hard work is responsible for the country’s economic success in recent months amidst the gloom in other parts of the world.

“As Malaysia’s Prime Minister, it would be tempting, but wrong, to claim the credit for this economic success.

“The real praise must go to the brilliance of our entrepreneurs, the enthusiasm of our young, plugged-in graduates, and of course the dedication and hard work of the hundreds of thousands of Malaysians who work in core industries such as plantations, services and manufacturing.

“That being said, the government’s steady economic stewardship, and in particular our Economic Transformation Programme, has provided a sound basis for the country’s economic resilience,” he said in an opinion piece, which first appeared in Hong Kong’s South China Morning Post newspaper.

In recent weeks, Najib said reporters had been writing about bankers enjoying a boom of breathtaking proportions in Kuala Lumpur, following the recent initial public offerings of Felda Global Ventures Holdings and IHH Healthcare on Bursa Malaysia, in the world’s second and third-biggest listings this year.

He said by equating Kuala Lumpur with major financial centres such as Hong Kong or Singapore, as some reporters had done in recent weeks, was perhaps indicative of the hype that tended to surround major stock market listings.

Najib said Bursa Malaysia was gaining in strength and hit a record high in July.

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