Chong: Foreign investors’ confidence in Malaysia improving

Chong (5th right), Abang Johari (4th left), Masing (3rd left) and members from both DAP and GPS coalition come together to celebrate Chinese New Year.

By Nancy Nais

KUCHING, Jan 25: Foreign investors are gaining confidence in Malaysia after the country’s standing in the Transparency International annual Corruption Perception Index (CPI) improved 10 places to 51 out of 180 countries last year.

Deputy Minister of Domestic Trade and Consumer Affairs, Chong Chieng Jen, said Malaysia has also improved in terms of corruption index, going up six points to 53 out of 100.

“In terms of economy, there are signs of recovery. We can see that more investment are coming in and our Ringgit is becoming stronger. All of these are what we need for foreign investors’ confidence in the system.

ABANG JOHARI

“With this, I hope our economy will recover as soon as possible and I am sure Sarawak as well,” the Stampin MP said at the ministry’s Chinese New Year open house gathering here today.

(from left) Masing, Chong and Abang Johari pose with others after welcoming the lion dance performances.

Meanwhile, he also thanked Sarawak chief minister Datuk Patinggi Abang Johari Tun Openg, deputy chief minister Tan Sri Dr James Masing and several other state Cabinet members for coming to the open house.

“I would like to thank them for celebrating this auspicious day with us. All of our guests are also very happy to see this,” said the Democratic Action Party (DAP) lawmaker in reference to the present of leaders from the state-ruling Gabungan Parti Sarawak (GPS) at the Chinese New Year do. — DayakDaily