Weak PN govt reducing investor confidence in Malaysia

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MP SPEAKS | The response by EU-Malaysia Chamber of Commerce and Industry (Eurocham) CEO Sven Schneider to Finance Minister Tengku Zafrul Aziz's statement on healthy approved Foreign Direct Investment (FDI) and Domestic Direct Investment (DDI) in Malaysia has gone viral on social media.I do believe that the problem identified in Schneider's response – not being able to seek an appointment with the finance minister – is part of a larger problem currently faced by long-term investors and companies in Malaysia. He is expressing part of the frustration which many companies are feeling because of the lack of consistent policies by the Perikatan Nasional (PN) government.The foreign chambers of commerce here in Malaysia value a close and cooperative working relationship with the government of the day. I very much found this to be the case when I was the deputy minister for the…