PASIR PUTEH: The resounding thumbs-up report by the Merril Lynch international merchant bank is a clear indication that Malaysia is on the right track in her economic governance.
Deputy Prime Minister Datuk Seri Najib Tun Razak said the banks report had given a boost of confidence to economic players and the Government.
Our sterling performance cannot be denied.
The study is based on our market forces and the sentiment for our market (Bursa Saham Kuala Lumpur) is good. The market indicators are there for all to see, Najib said after opening the Gemilang Titian Kasih programme at Sweet Beach Resort.
Present were state Umno liaison committee chairman Datuk Seri Annuar Musa, Information Minister Datuk Seri Zainuddin Maidin, Higher Education Minister Datuk Mustapa Mohamed, Deputy Finance Minister Datuk Dr Awang Adek Hussin and state Umno secretary Datuk Ramzi Ab Rahman.
The programme, under the Special Affairs Department (Jasa) of the Information Ministry, grouped together 1,200 ex-PAS activists from throughout the country to explain government policies.
Najib said indicators from the stock market's performance, value of the ringgit and growing investor confidence had proven that Malaysia was cementing its position as a destination for investment.
The report quoted the banks Hong Kong-based economist Arthur Woo as saying that the role of the current political regime in the country's recent economic reforms had gone largely unappreciated.
At a press conference, Najib said the state Umno leadership had proven that they were working as a team.
I am not saying there are no problems but the ability to find solutions at the divisional levels is there. The Umno status in Kelantan is good and we should work hard to reclaim the state.
Asked over an (alleged) admission during the recent PAS muktamar that they had drafted a working paper to shift voters around, Najib said it was typical of PAS to resort to such things.
They go around pointing fingers at us but then they are doing it.
Najib also said that he was encouraged by the response from the crowd in Kelantan during his hectic programme here, which saw him criss-cross the state in a helicopter to attend events in Pasir Puteh, Kota Baru, Tanah Merah and Jeli.
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