Malaysia's political stability assured, right time to invest, says Anwar

KUALA LUMPUR: The Prime Minister assures foreign investors and industry leaders from the Asian region that there is no concern with the issue of political stability in Malaysia.

Datuk Seri Anwar Ibrahim, who is also Finance Minister, said now was the right time to invest in Malaysia.

In a Facebook post, he said this was explained to over 400 people during the Fireside Conversation session in conjunction with the Milken Institute 10th Annual Asia Summit in Singapore on Wednesday (Sept 13).

The Prime Minister is in Singapore on a one-day working visit. He participated in two sessions at the summit, namely ‘A Conversation with the Prime Minister of Malaysia’ and ‘Malaysia’s Investment Outlook: A Conversation between the Prime Minister and Global Investors’.

Anwar said he met and spoke with 22 entrepreneurs and heads of investment and banking organisations in Asia at a separate session.

International Trade and Industry Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz and Foreign Minister Datuk Seri Dr Zambry Abd Kadir also took part in the sessions.

"I summarised that Malaysia focuses on complementing and adding value to economic and social growth with neighbouring countries,” he said.

In a separate post, Anwar also shared moments of his meeting with his counterpart Lee Hsien Loong at the Istana, where both leaders discussed current developments and issues of mutual interest.

"I also met Singapore Foreign Minister Vivian Balakrishnan at the Istana. May this friendship continue to bloom and remain intact for the sake of Malaysians and Singaporeans,” he said.

This is Anwar's second visit to Singapore as Prime Minister after his first trip in January. – Bernama