Tough to rekindle disputed ‘Asian Tiger’ tag, says Zaid

Free Malaysia Today

Former minister says the ‘Asian Tigers’ share common characteristics, including a highly-educated populace, which would be challenging for Malaysia.  Read More:  https://www.freemalaysiatoday.com/category/nation/2024/07/28/tough-to-rekindle-disputed-asian-tiger-tag-says-zaid/  Laporan Lanjut:  https://www.freemalaysiatoday.com/category/bahasa/tempatan/2024/07/28/sukar-untuk-malaysia-jadi-harimau-asia-semula-kata-zaid/  Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.    Subscribe to our channel - http://bit.ly/2Qo08ry   ------------------------------------------------------------------------------------------------------------------------------------------------------ Check us out at https://www.freemalaysiatoday.com Follow FMT on Facebook: https://bit.ly/49JJoo5 Follow FMT on Dailymotion: https://bit.ly/2WGITHM Follow FMT on X: https://bit.ly/48zARSW  Follow FMT on Instagram: https://bit.ly/48Cq76h Follow FMT on TikTok : https://bit.ly/3uKuQFp Follow FMT Berita on TikTok: https://bit.ly/48vpnQG  Follow FMT Telegram - https://bit.ly/42VyzMX Follow FMT LinkedIn - https://bit.ly/42YytEb Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj Follow FMT on WhatsApp: https://bit.ly/49GMbxW  ------------------------------------------------------------------------------------------------------------------------------------------------------ Download FMT News App: Google Play – http://bit.ly/2YSuV46 App Store – https://apple.co/2HNH7gZ Huawei AppGallery - https://bit.ly/2D2OpNP  #FMTNews #ZaidIbrahim #AsianTiger #TengkuRazaleighHamzah #Economy

Transcript

00:00It will be an uphill task for Malaysia to reclaim its Asian Tiger status, a labour which

00:07was earlier today disputed by an UMNO stalwart.

00:11Former Law Minister Zayed Ibrahim said this, adding that while Malaysia was not an Asian

00:15Tiger economy, a term used to describe the fast-growing economies of Taiwan, South Korea,

00:20Singapore and Hong Kong in the 1990s, it was still a smallish type of tiger.

00:25He also said that Asian Tigers share common characteristics including a highly educated

00:30populace, sharp export earnings and a high savings rate.

00:36According to Zayed, producing an educated populace is the most challenging part for

00:39Malaysia if it wished to be considered an Asian Tiger.

00:44Earlier today, Second Finance Minister Amir Hamzah Azizan said the positive outlook from

00:48analysts and rating agencies, supported by encouraging economic figures, signals that

00:53Malaysia is making great strides to reclaim its Asian Tiger status.

00:57This morning, FMT reported Tenggur Razali Hamzah as saying that Malaysia was never an

01:01Asian Tiger, contrary to a claim by former Prime Minister Dr Mahathir Mohamad.

01:07Malaysia was once tipped to be the fifth Asian Tiger, but the country's economic growth

01:11was derailed by the 1997 Asian financial crisis.

Category

Transcript

Recommended