“The sentiments I’ve heard in Hong Kong and in Singapore (suggest) there is great concern about the slide in the value systems, particularly in terms of the institutions of the country,” he said.
He said foreign investors appear to be extremely nervous about putting money in Malaysia.
“I know investors in Hong Kong and Europe, who are always saying, ‘How can you trust the contract you signed’, particularly given our (Malaysia’s) system whereby you need local partners,” he said.
Najib’s unexplained sentence reduction hurts investor confidence, says think tank head | Free Malaysia Today (FMT)