Tuesday, February 13, 2007

An indication of our weakness?

The more I read about our country in alternative media (i.e. not sanctioned by the government or any other media that is not the local dailies), the more disillusioned I become about our future. And more specifically, my future here.

So, what did I learn today? Well, that our FDI lags those of our neighbours by light years behind. Here's a summary of the local region's 2006 FDI:

Vietnam : US$9.87 billion
Singapore : US$9.33 billion
Indonesia : US$5.71 billion
South Korea : US$5.11 billion
Phlippines : US$3.94 billion
Thailand : US$2.94 billion
Malaysia : US$1.44 billion

Source: LOCO Monitor


These are the hard facts despite the recent splash of media hype over our country's so-called economic strength.

I say it's time we brace ourselves.



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