Investments still doing okay in absence of transition timeline - Mahathir

Ramieza Wahid

Modified 16 Oct 2019, 7:44 am

Prime Minister Dr Mahathir Mohamad does not believe that the absence of a concrete timeline for him to hand over power to PKR president Anwar Ibrahim has adversely impacted investor sentiment.

"I don't know. For me, everything is okay and there are still people investing until now," he told journalists at the Yayasan Sejahtera 2019 event in conjunction with the international poverty eradication day in Kuala Lumpur today.

Mahathir said this when asked about Rembau MP Khairy Jamaluddin's claim that the uncertainty in the power transition timeline had caused the private sector to hold back their investment in the country, leading to a 1.9 percent decline in private investment in the first half of this year...

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