Posted by Tobby > 2021-02-25 18:03 | Report Abuse

The persistently high levels of illegal cigarettes trade has already caused legitimate companies like Phillip Morris International, British American Tobacco Malaysia Bhd and Japan Tobacco International to close their plants in 2012, 2016 and 2017 respectively.

Answer : Yeah, and underworld bosses are controlling enforcement officials as well! In fact i dare say, the corruption in civil service is beyond control nowadays!
But that's not the reason for FDI shying away from Malaysia! It's how Harapan treated Lynas that cause so much unhappiness among foreign investors! You cannot forcefully get rid of investors without proper exit plan!

Posted by Tobby > 2021-02-25 18:04 | Report Abuse

Lynas was suppose to be our starting point in EV domination in Asia! Clearly we no longer in the race, if any!