TONY PUA SAYS :

PETALING JAYA, July 27: DAP economist Tony Pua has responded to CIMB chief Nazir Razak’s claim that the plunge in foreign investment was not necessarily negative, saying Nazir should look into details provided by the UN’s Foreign Investment Report (WIR) 2010 before giving his judgement on the country’s performance.
“Nazir should study this chart; (it) tells you that net negative investment flow is not 1-off but a clear-cut trend,” said Pua in a message on Twitter.
He was responding to media report quoting the top banker as saying it was not necessarily a bad thing to have lower net investment flow for the country, and urged that the 2009 plunge in Malaysia’s foreign direct investment be studied…READ MORE