MCA Economic SeminarBY HONG BOON HOW AND P.W. THONG
·MCA president and Transport Minister Datuk Seri Dr Ling Liong Sik in declaring open the seminar, commended MCA Economic Bureau chairman and Human Resources Minister Datuk Dr Fong Chan Onn, for being “spot on” in predicting the date for the announcement of the government's economic package.
By that, Ling was inferring that the MCA's seminar would be a lively one given that it was being held a day after the economic package was unveiled by the Prime Minister.
·Bank Negara governor Tan Sri Dr Zeti Akhtar, in her opening remarks, reminisced that she also spoke at the MCA economic seminar five years ago. It was, she recalled, a momentous day. The Asian financial crisis was at its height. The ringgit had fallen to 4.20 to the US dollar.
Zeti recounted that when she returned to her office that afternoon, she was told both the governor and deputy governor (Tan Sri Ahmad Don and Datuk Fong Weng Pak) had resigned. That night, she was informed she had been appointed acting governor.
“I hope today would not be such an eventful day for me,” she said, drawing laughter from the participants.