00:00Thank you, Mr. Speaker.
00:02As Mr. Speaker has said,
00:06what is the reason for foreign investors to sell their shares in the country
00:13in the recent times?
00:19Their shares, their money is missing.
00:23Thank you, Mr. Speaker.
00:27First, the issue of shares is only a part of the income of funds and investments.
00:34We have to understand that.
00:36And with the change of administration in the US,
00:41there is indeed a very small output,
00:470.2%.
00:500.2% of the total share capital,
00:56worth Rp 2 trillion.
00:59That is, Malaysia minus Rp 9.53 trillion.
01:04Thailand is about four times larger than Malaysia,
01:08Rp 4,132 million.
01:11Indonesia, double, twice larger,
01:15Rp 1,154 million.
01:19And I have to remind,
01:22we have to look at the whole picture.
01:25That is,
01:27the statement that in the first nine months,
01:31KDNK is still winning.
01:35The value of investment also in the first nine months of 2024
01:41increased by 10.7%.
01:46Compared to the same time in 2023.
01:50This is a big increase.
01:52And this also includes large companies.
01:55I mentioned Infineon, Geely, Amazon, Microsoft.
02:00And this gives an image of confidence.
02:05And foreign touch.
02:08When we give a lot of money out,
02:11as if it is a gift of foreign confidence.
02:14Look at the figure.
02:17It remains at 19%.
02:20In 2023, it was 19.5%.
02:26In 2024,
02:28at the end of 2024, it dropped to 19.7%.
02:32That is, the touch.
02:3519.7%.
02:37Sorry.
02:38In January 2025, it was still 19.4%.
02:42So, the 0.2% does not represent confidence in the country's economy.
02:52And if we look at global equity,
02:55investment firms,
02:57Nomura Global Market Research, JPMorgan, HBC,
03:00have increased their valuation for public companies' shares.
03:05Let's look at the existing companies.
03:08The existing companies.
03:11If we look at the end of February 2025,
03:16it did drop 2.4% in Malaysia.
03:226.1% in Indonesia.
03:297.4% in the Philippines.
03:338.3% in Thailand.
03:36These are the effects all over the world.
03:39But companies,
03:42both financial institutions and companies,
03:46are still making big profits.
03:49Maybank,
03:50an increase of 9.7%.
03:54CIMB, 12.3%.
03:58Public Bank, 5.8%.
04:03So, what kind of dream is this?
04:10Where did it come from?
04:12Where did it come from?
04:140.2%
04:18dropped from 2 trillion ringgit.
04:22The term, falling and collapsing,
04:25is a misuse of language.
04:27That's what I understand.
04:30Okay, I'll pick up the mic.
04:32Thank you for your explanation.
04:36But I'm worried.
04:38There's a report from Bursa.
04:41It's not a movie.
04:43It shows that since you became the Prime Minister and Finance Minister,
04:47from 2023 until last year,
04:50the total net foreign outflow is very high.
04:54And this shows the level of confidence
04:57of foreign investors towards our Bursa market.
05:00What do you think is the cause of this clean outflow of foreign capital?
05:07Is it related to the perception that corruption has not changed?
05:11The DNDA was given just like that?
05:14And also the addendum that we think
05:16gives an effect on the stability of the country's politics.
05:21Thank you, Mr. Prime Minister.
05:22He didn't listen to my explanation.
05:25All economic indicators are increasing.
05:29They are recognized by all.
05:31Including the GDP.
05:34And I've mentioned these numbers.
05:37But they still maintain that 0.2%
05:43even though the fall is high in Thailand,
05:47the Philippines, and Indonesia.
05:50But 0.2% is the only number that causes a loss of confidence.
05:56It's okay. That's just my opinion.
05:58That's why Macang has not progressed.
06:01But if we look at the numbers...
06:05Mr. President, please pull back.
06:07Macang has not progressed.
06:08Let Macang...
06:11I wasn't an alipari before this, Mr. President.
06:14Let PM answer first.
06:17I will study...
06:18The former president of Macang.
06:20I will study the needs of Macang
06:25so that Macang can develop a little more.
06:28For the bond market,
06:31the bond market is developing.
06:33That's why I said this is a selective market
06:38that wants to show a decline
06:41even though it's not relative to other countries.
06:44But if we look at the bond market,
06:47the clean flow is positive.
06:49As of this year, the clean flow of bonds from foreign investors
06:54is Rp 1.55 billion.
06:57If they don't believe it,
06:59people won't invest Rp 1.55 billion in this system.
07:04But what's more important to me
07:07is the growth rate,
07:10investment growth,
07:12and RMB strength.
07:15This is a fundamental indicator
07:18even though it's a global problem.
07:21Especially with the recent Trump's decision
07:25that affects Europe, Canada, Mexico, China,
07:30Latin America, and Africa.
07:32The whole country.
07:33Will it last?
07:35We're not sure yet.
07:37But to use this to support foreign investors,
07:42I don't think it's healthy.
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