Business community wants continuity, stability and prosperity for all

JOHOR BAHRU: As Malaysia’s 13th General Election (GE13) campaign gains momentum, the utmost concern for the business community is to ensure a stable government with permanent political and economic policies.

Leaders may have changed via power transition as time goes by but as long as the present ruling government remains in power, political and economic policies will remain.

Only then, businesses would prosper as it would instil investors confidence, says Tan Sri Datuk Dr Michael Yeoh, chief executive officer and director of the Asian Strategy & Leadership Institute (Asli).

He said the business community were generally positive about the nation’s economic directions and the steady progress made thus far.

“Ease of doing business has improved and the business community will like to see continuity, stability and prosperity for all,” he told Bernama.

Yeoh noted that the present government had a good track record in economic management judging from the over five per cent growth registered last year despite global uncertainties.

“The progress of the Economic Transformation Programme has also been good. The results speak for themselves,” he added.

In 2012, the ETP secured a total of 39 projects, pulling in RM32.14 billion in investments which were projected to contribute RM6.63 billion to Gross National Income (GNI) in 2020 and create 94,702 jobs.

With these achievements, since its launch in 2010, the ETP had announced a total of 149 projects with a cumulative total of RM211.34 billion in committed investments as at December 31, 2012.