Putrajaya confirmed 8 (MNCs) shut down factories in Malaysia.
Rubicon Technology, Seagate, British American Tobacco, Samsung, Amphenol Corp, Fairchild Semiconductor, STR Holdings and SunEdison Semiconductor.
(Miti) parliamentary written reply to clarify reports MNCs wound down operations..
Japan Tobacco, Suzuki Motor, Western Digital – still operating but restructured.
Suzuki shut down retail operations.
Currently no official Suzuki distributor in M’sia
8 MNCs which shut down involved RM5.4b (FDI) and 6,412 jobs loss.
My comments : The country is going to close shop in 2018.
There are positive and negative aspects about this. The negative aspects are all the hardships that all of us are already going through. It is going to get worse if these monkeys are still in power.
There are some positive aspects. If the country shuts down, there will have to be an eventual shake up and overhaul of the entire corrupted and “kaum DNA bahalol” infested system.
There will be a painful housecleaning. Many people will lose their jobs, their livelihoods, their homes, cars, businesses etc. As I keep saying the Malays will get hit the hardest and the worst. But the change will come.
The much easier option is just kick out the monkeys in the coming General Elections.