Category: Foreign Investment

All-Party Parliamentary Committee on Parliamentary Honour and National Integrity will consider Australian mass media allegations about Malaysian MPs bribed by Australian spies and British mass media allegations about bribery in the RM5 billion Malaysian purchase of British defence hardwares

by Chairman of All-Party Parliamentary Committee on Parliamentary Honour and. National Integrity, Lim Kit Siang, in Petaling Jaya on Sunday, February 13, 1994:

All-Party Parliamentary Committee on Parliamentary Honour and National Integrity will consider Australian mass media allegations about Malaysian MPs bribed by Australian spies and British mass media allegations about bribery in the RM5 billion Malaysian purchase of British defence hardwares

The All-Party Parliamentary Committee on Parliamentary Honour and National Integrity will consider Australian mass media allegations about bribery of Malaysian MPs by Australian, spies and the British mass media allegations about bribery in the RM5 billion purchase of British defence hardwares. Continue reading All-Party Parliamentary Committee on Parliamentary Honour and National Integrity will consider Australian mass media allegations about Malaysian MPs bribed by Australian spies and British mass media allegations about bribery in the RM5 billion Malaysian purchase of British defence hardwares

Call on Cabinet to act as speedily in the blue identity card question as in withdrawing the FIC proposed new guidelines

By Parliamentary Opposition Leader, DAP Secretary-General and MP for Tanjung, Lim Kit Siang, in Petaling Jaya on Monday, March 30, 1992:

Call on Cabinet to act as speedily in the blue identity card question as in withdrawing the FIC proposed new guidelines.

It is significant that since the DAP raised the issue at the DAP Negri Sembilan State Committee “Party Reform” meeting in Seremban last Tuesday, no MCA Minister or leader dare to give a clear-cutguarantee on behalf of the government that no blue identity card would be converted to red identity card in the change for new identity card because of spelling or clerical errors in decades-old documents. Continue reading Call on Cabinet to act as speedily in the blue identity card question as in withdrawing the FIC proposed new guidelines

As MCA is incapable of ensuring that the Government adheres to the Vision 2020, how can the people believe the MCA claim that if there is no DAP, the MCA can guarantee that Vision 2020 would be achieved in an earlier date

Speech by Parliamentary Leader, DAP Secretary-General and MP for Tanjung, Lim Kit Siang, at the DAP Malacca State ‘Party Reform’ reception of Malacca DAP State and Branch leaders held in Malacca on Monday, 30th March, 1992 at 7pm.

As MCA is incapable of ensuring that the Government adheres to the Vision 2020, how can the people believe the MCA claim that if there is no DAP, the MCA can guarantee that Vision 2020 would be achieved in an earlier date.

The DAP has played a great and irreplaceable role in the nation’s history in the past quarter of a century to defend and promote the fundamental rights of all Malaysians to democracy, human rights, social and economic justice. Continue reading As MCA is incapable of ensuring that the Government adheres to the Vision 2020, how can the people believe the MCA claim that if there is no DAP, the MCA can guarantee that Vision 2020 would be achieved in an earlier date

DAP welcomes the withdrawal of the proposed new FIC guidelines which have undermined both foreign and local investor confidence

by Parliamentary Opposition Leader, DAP Secretary-General and MP for Tanjung, Lim Kit Siang, in Petaling Jaya on Thursday, 26th Marchn 1992:

DAP welcomes the withdrawal of the proposed new FIC guidelines which have undermined both foreign and local investor confidence.

DAP welcomes the announcement by the Finance Minister, Anwar Ibrahim, yesterday on the withdrawal of the proposed new Foreign Investment Committee (FIC) guidelines which have undermined both foreign and local investor confidence in the country. Continue reading DAP welcomes the withdrawal of the proposed new FIC guidelines which have undermined both foreign and local investor confidence

The Foreign Investment Committee’s proposed new guidelines to regulate, foreign and local investments had not only caused the Malaysian stock exchange to nosedive in the first two weeks of March, but created uncertainty and anxiety among both foreign and local investors which could greatly dampen the investment climate in the country

Speech (Part 2) by Parliamentary Opposition Leader, DAP Secretary-General and MP for Tanjung, Lim Kit Siang, at the opening of the Pengkalan Kota DAP Branch Annual General Meeting held at DAP Penang Hqrs, Kinta Lane on Monday, 16th March, 1992 at 8 pm.

The Foreign Investment Committee’s proposed new guidelines to regulate, foreign and local investments had not only caused the Malaysian stock exchange to nosedive in the first two weeks of March, but created uncertainty and anxiety among both foreign and local investors which could greatly dampen the investment climate in the country.

Even more serious, the proposed new guidelines of the Foreign Investment Committee (FIC) has raised the fundamental question as to whether it is the National Development Policy (NDP) adopted by Parliament in June last year or the Third Bumiputra Economic Congress resolutions and working papers which is the highest national policy in the country. Continue reading The Foreign Investment Committee’s proposed new guidelines to regulate, foreign and local investments had not only caused the Malaysian stock exchange to nosedive in the first two weeks of March, but created uncertainty and anxiety among both foreign and local investors which could greatly dampen the investment climate in the country

DAP calls for the removal of 100% local companies, including their acquisitions, mergers and takeovers from the purview of the Foreign Investment Committee.

by Parliamentary Opposition Leader, DAP Secretary-General and MP for Tanjung, Lim Kit Siang, in Petailing Jaya on Friday, 13th March, 1992:

DAP calls for the removal of 100% local companies, including their acquisitions, mergers and takeovers from the purview of the Foreign Investment Committee.

The Minister for International Trade and Industry, Datuk Seri Rafidah Aziz, has said that the proposed new guidelines of the Foreign Investment Committee (FIC), to regulate both foreign and local investments is just a draft and that the private sector should not be unduly concerned about it. Continue reading DAP calls for the removal of 100% local companies, including their acquisitions, mergers and takeovers from the purview of the Foreign Investment Committee.

DAP calls on the Cabinet to direct the Foreign Investment Committee (FIC) to withdraw its proposed new guidelines as it goes against the spirit of the National Development Policy to make a major shift from the New Economic Policy in not associating equity ownership with wealth

by Parliamentary Opposition Leader, DAP Secretary-General and MP for Tanjung, Lim Kit Siang, in Petaling Jaya on Tuesday, 10th March, 1992:

DAP calls on the Cabinet to direct the Foreign Investment Committee (FIC) to withdraw its proposed new guidelines as it goes against the spirit of the National Development Policy to make a major shift from the New Economic Policy in not associating equity ownership with wealth.

DAP calls on the Cabinet at its meeting tomorrow to direct the Foreign Investment Committee (FIC) to withdraw its proposed new guidelines to regulate both foreign and local investments as it goes against the spirit of the National Development Policy to make a major shift from the New Economic Policy in
not associating equity ownership with wealth. Continue reading DAP calls on the Cabinet to direct the Foreign Investment Committee (FIC) to withdraw its proposed new guidelines as it goes against the spirit of the National Development Policy to make a major shift from the New Economic Policy in not associating equity ownership with wealth

DAP calls on the Minister of International Trade and Industry to explain the details of the Investment Guarantee Agreement which the Taiwan authorities are demanding before proceeding with the $8.6 billion China Steel Corporation joint venture steel plant in Malaysia

by Parliamentary Opposition Leader, DAP Secretary-General and MP for Tanjung, Lim Kit Siang, in Petaling Jaya on Wednesday, 12th February 1992:

DAP calls on the Minister of International Trade and Industry to explain the details of the Investment Guarantee Agreement which the Taiwan authorities are demanding before proceeding with the $8.6 billion China Steel Corporation joint venture steel plant in Malaysia

Last Friday, the Minister for International Trade and industry, Datuk Seri Rafidah Aziz, said that she had written to her counterpart in Taiwan and is awaiting a clarification from the Taiwanese government on the status of the China Steel Corporation’s proposed $8.6 billion joint venture steel plant in Malaysia. Continue reading DAP calls on the Minister of International Trade and Industry to explain the details of the Investment Guarantee Agreement which the Taiwan authorities are demanding before proceeding with the $8.6 billion China Steel Corporation joint venture steel plant in Malaysia

Is Loke Yuen Yow prepared to announce that he would resign from all government and public offices if Bank Negara does not recoup the $131.6 million from its gold-leasing activities to Drexel Trading by next year?

By Parliamentary Opposition Leader, DAP Secretary-General and MP for Tanjung, Lim Kit Siang, in Petaling Jaya on Tuesday, June 26, 1990:

Is Loke Yuen Yow prepared to announce that he would resign from all government and public offices if Bank Negara does not recoup the $131.6 million from its gold-leasing activities to Drexel Trading by next year?

Deputy Finance Minister, Loke Yuen Yow, has misled Parliament in claiming that the Bank Negara was confident of recovering the $100 million gold deposits with Drexel Trading Company. Continue reading Is Loke Yuen Yow prepared to announce that he would resign from all government and public offices if Bank Negara does not recoup the $131.6 million from its gold-leasing activities to Drexel Trading by next year?

DAP calls on PNB to pull back on its foreign investments to be locally invested to promote national economic recovery and demonstrate the government itself has confidence in the economy

By Parliamentary Opposition Leader, DAP Secretary-General and MP for Tanjung, Lim Kit Siang, in Seremban on Saturday, 1.8.1987:

DAP calls on PNB to pull back on its foreign investments to be locally invested to promote national economic recovery and demonstrate the government itself has confidence in the economy

When the Prime Minister, Datuk Seri Dr. Mahathir Mohamed, visited United Kingdom last week, his overriding message to the British business community is that they should not miss the opportunity to invest in Malaysia, as there is an upturn in the economy and that the government has a new package of investment incentives. Continue reading DAP calls on PNB to pull back on its foreign investments to be locally invested to promote national economic recovery and demonstrate the government itself has confidence in the economy