theSun ON TUESDAY | APRIL 17, 2018

‘We don’t solely dependon China for FDIs’ >Treasury sec-gen says foreigndirect investments come fromvarious countries


KUCHING: Malaysia receives foreign direct investments (FDIs) fromvarious countries and does not depend solely on China, said Treasury Secretary-General Tan Sri DrMohd Irwan Serigar Abdullah ( pix ). Refuting claims that Malaysia is overdependent on China, he said the country’s net FDI inflow of RM39.2 billion last year

FinanceMinistry’s programme, #MOF Bersama Rakyat, here yesterday. Mohd Irwan said in terms of financial management, Malaysia is on a strong economic footing, with BankNegaraMalaysia raising the economic growth forecast this year to 5.5-6%, Bernama reported. Meanwhile, PKR vice- president and election director

Najib: Anti-FakeNewsAct to protectM’sians fromthreats BY HAIKAL JALIL newsdesk@thesundaily.com Convention Centre. The Anti-Fake News Act was passed by the Parliament several days before it VAISAKHI DAYVISIT ... The primeminister's wife and president of Bakti (Association of Wives of Ministers andDeputyMinisters ), Datin Seri Rosmah Mansor, mingles with children of theGurpuri Protection House in Ampang, Kuala Lumpur, during her visit in conjunctionwith the Vaisakhi Day celebration yesterday.

included investments from India, Germany, Japan and Singapore. “The FDIs that enter this country are diversified, but there are those who claimwe depend toomuch on China. We get investments fromvarious sources. Themost important thing is, why do investors want to come toMalaysia? The key reasons are a strong economy, a good infrastructure and, most importantly, the country’s stable political climate; if there is chaos, whowould want to invest here? “Foreign investors choose to invest in Malaysia as they prefer to conduct their businesses in countries that are peaceful and calm,” he said in his message to almost 1,000 federal civil servants in Sarawak at the

Nurul Izzah Anwar urged the government to reveal all documents related to investments or deals with China for the public to assess. “This will enable the people to understand the payment methods and return on investments (ROI) which the nation is undertaking and benefiting. “Numerous multi-billion ringgit projects involve China, including the construction the of the East Coast Rail Link (RM55 billion), the KL-Singapore High Speed Rail (RM40-80 billion), the development of Forest City (RM400 billion), theMalacca Gateway (RM42 billion) and the upgrading of Port Klang (RM200 billion),” she said in a statement yesterday.

KUALA LUMPUR: The Anti-Fake News Act was passedwith the intention of protectingMalaysians from the scourge of fake news, caretaker PrimeMinister Datuk Seri Najib Abdul Razak said. Noting that fake news could pose a security threat, Najib said there were incidents where fake news was utilised to interfere in a country’s affairs. He said the government will not

concluded its 13th session amid criticisms from the Opposition and press freedom advocates. Caretaker Minister in the Prime Minister’s Department Datuk Seri Azalina Othman Said had earlier dismissed claims that the bill was approved because of the

upcoming general election, and that the government wanted to restrict freedom of speech. Apart from the new legislature, Najib said, several other laws, such as the National Security Act, were enacted as a sign of the government’s determination to protect its citizens. He added that the foundations of international

compromiseMalaysia’s sovereignty by allowing other countries or individuals to dictate the direction of the country. “We have seenmany

instances around the world where fake news was used as a tool of interference – which strangely some opposition leaders now say theywelcome. “As patrioticMalaysians, I can tell you that themembers of my government do not (welcome fake news),” he said. “The future of our country is for Malaysians to decide, and they should do so on the basis of facts, not fake news or lies, propaganda, false promises and illusions,” he said in his speech at the opening of Putrajaya Forum 2018 at Matrade Exhibition and

security were weakwhen countries do not properly address the safety of their own people. Najib said all of the laws made by the government havemade it hard for extremist groups, such as the Islamic State, to influenceMalaysians. “I make no apology for ensuring that our police and security services have all the tools necessary to combat those who would bring death and destruction to our soil,” he added. Bandar Tun Razak. Bandar Tun Razak is anMCA seat by tradition, but it is understood that Umno would be fielding its candidate there in GE14 due to the strongMalay presence in the constituency. Malays make upmore than 50%of the total electorate. The seat was won by former Selangor mentri besar Tan Sri Abd Khalid Ibrahim inGE13. Abdul Khalidwas sacked from his party, PKR, a year later, rendering him an independent. It has been rumoured that Shahrizat would be fielded as a candidate in the upcoming election after 10-year hiatus, following her defeat inGE12. Shahrizat was theMP for Lembah Pantai since 1995 until she was defeated by PKR’s newcomer, Nurul Izzah Anwar in 2008. – by Haikal Jalil

Shahrizat: Iwon’t becontesting in Bandar TunRazak PETALING JAYA: Wanita Umno chief Tan Sri Shahrizat Abdul Jalil has

confirmed that contrary to speculation, she will not be contesting in the Bandar Tun Razak parliamentary seat. In a Facebook post, Shahrizat, a former cabinet minister, stressed that she will not be taking the offer for a comeback to the Parliament despite noting that Bandar Tun Razak is a winnable seat for Barisan Nasional (BN). “Many (people) have askedme whether I would accept the offer to contest in Bandar Tun Razak,” she said. “My answer is no, despite Bandar Tun Razak being an area where BN canwin by defeating PKR,” she added. Last week, news portal Malaysiakini quoted various Umno sources as confirming that Shahrizat would be making her comeback by contesting in

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