Malaysia Sun
MalaysiaSun.com Thursday 23rd February 2012 Issue 10/054
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    Dr M: Malaysia's growth slower, but more balanced than Singapore
    Source: www.themalaysianinsider.com
    Sunday 30th January, 2011  


    KUALA LUMPUR, Jan 30 - Tun Dr Mahathir admitted today that Malaysia's growth was slower compared with Singapore's, but claimed it was because Putrajaya made sure people from all races had a slice of the country's economic pie.

    Dr Mahathir said that in contrast, the island state did not take any steps to ensure that there was a "balance of wealth" between people of all races, leaving minority races such as the Malays trailing behind the Chinese in terms of wealth.

    This, according to the former prime minister, guaranteed Singapore's economic advantage over Malaysia.

    Singapore helped form Malaysia but separated after two years in 1965. "Singapore does not have the problem of ensuring everyone gets an equal share of the economy.

    Over there, whoever is capable makes i... ...

    Read the full story at www.themalaysianinsider.com


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