Govt clueless on investment and economy, says Daim

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Daim Zainuddin says no investor will enter a country where they feel incompetence is so glaring. (The office of Daim Zainuddin pic)PETALING JAYA: The government is being seen by investors as one that is clueless and with no plans for the economy, unlike neighbouring nations, says former finance minister Daim Zainuddin.He said the figures on investment seemed to indicate that investors were not confident that the government knew what it was doing.“The government does not seem to have a plan. It is as simple as that. No investor will enter a country where they feel incompetence is so glaring.“If we want to regain our status as a good investment destination, the leaders need to be better and, at the moment, investors do not see that happening. Don’t forget investors have choices. And they vote with their feet,” he told FMT in an email interview.Daim, who was head of the Council o…