Positive steps to strengthen confidence


I REFER to “All eyes on Felda, LTH-linked stocks” (StarBiz, Dec 10) about Khazanah Nasional Bhd’s disposal of its stake in IHH Healthcare Bhd to a foreign corporation, Japan’s Mitsui Co Ltd, and wish to add that it is a positive step that will help to further strengthen investor confidence in the economy. It will be viewed in the private sector as concrete evidence that Malaysia is opening up its economy and moving up on the global stage, encouraging more investors to look at it as an attractive place for business, leisure and stay.

The peaceful rally to protest the ratification of the United Nations International Convention on the Elimination of all Forms of Racial Discrimination (Icerd) last Saturday provides additional assurance that Malaysian democracy has matured and that all is not lost on human rights because there is consensus among civil society organisations to keep working on informing the public on the importance of Malaysia joining the world community on the shared values of justice and fairness for its citizens. The closer we are to the world community, the better our image as a progressive country for business.

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