Extraordinary - is how I would describe the Deputy Minister of Intl Trade and Industry, Datuk Mukhriz Mahathir’s comments when asked about the further decrease in exports for April.
“The drop in export is still something of a concern to us. We will try to get information from the industries from where demand has fallen.”
One would have thought he’d be one of the first to have the information. One would have hoped that by the time the information is released to the public, the people in charge would already be hard at work on a plan. Specifically, what other information would he need? I’m not an economist but I know our E&E exports have fallen because our largest trade partner, the US is in a recession.
How about making economics a compulsory pass subject for politicians? Alternatively, bring in the technocrats.
On a happier but mundane note: Point of View has new furniture for the set - a two-seater sofa and a couple of armchairs thanks to Khazanah (the furniture shop not the country’s investment arm).