The Business Times
business-time-50
SUBSCRIBERS

Nazir: Political uncertainty top worry of Malaysia's foreign investors

google-preferred-sourceAdd BT as a preferred source
Published Tue, Nov 3, 2015 · 09:50 PM

    Kuala Lumpur

    NAZIR Razak, the chairman of Malaysian bank CIMB, said political uncertainty facing the government led by his elder brother is the biggest concern for foreign investors looking at the once-stable South-east Asian country.

    Speaking to Reuters on Saturday at a country club on the outskirts of Kuala Lumpur, where his bank was hosting a golf tournament, the 48-year-old banker said the "central issue for Malaysia" was restoring its reputation for political stability.

    TRENDING NOW

    US President Donald Trump with President Xi Jinping after a visit to Zhongnanhai Garden in Beijing, on May 15.

    Xi Jinping has just rewritten the rules of US-China rivalry

    The High Court said UOB has taken inconsistent legal positions on late payment charges in mortgage cases.

    High Court raps UOB over inconsistent legal positions on late mortgage payment charges

    Set up by Nichol Ng and her brother, FoodXervices traces its roots to 1934 with the business their grandfather started.

    ‘Whole deck of cards just toppled’: FoodXervices’ Nichol Ng on how a 92-year-old family business unravelled – and what’s next

    Huawei unveiled on Monday a new principle for improving chips, noting the industry can no longer rely mainly on making transistors smaller.

    China’s Huawei reveals chip design breakthrough amid US sanctions

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More