MIDF confirms Malaysia is the second-worst performer of Asian stocks

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Most other markets in Asia were also in negative territory, though the FBM KLCI was the worst-performing index. (Photo by Zahid Izzani/The Edge). For image info, go to https://theedgemalaysia.com/node/747649 

MIDF confirms Malaysia is the second-worst performer of Asian stocks

https://www.facebook.com/watch/?v=637092889014804 (#KiniNews: Latheefa slams clinic closure over flag blunder; Rafizi responds)

With such punitive measures, the cheapest way to take revenge on someone you dislike will to buy a Malaysian flag and discreetly hang it upside down in his business premises.
Afterall , a 3 feet by 6 feet Malaysian flag cost less than RM 20.
In this case the dental clinic was ordered to close for 30 days. He would probably lose at RM 30 k in revenue, rental and workers’ wages, not to mention many customers as well.
How stupid can one gets ?
Much ado about nothing - to borrow Shakespeare line …

KUALA LUMPUR, Aug 23, 2025: Malaysia’s 10^th Prime Minister (PMX) Anwar Ibrahim and his so-called Madani Unity Government (UG) have been painting a rosy picture about the country’s socio-economic growth potential.

If that is true, then why is Malaysia's performance of Asian stocks in the red zone and the second-worst performer?

Take a look below what is being shared in social media:

MIDF's chart this morning shows the year-to-date (YTD) performance of Asian stock markets:

South Korea +34.4% 
Vietnam +28.7% 
Hong Kong +26.0% 
Singapore +11.7% 
Indonesia +11.6% 
Japan +8.7% 
China +6.8% 
Taiwan +5.6% 
India +3.1% 
Philippines -3.3% 
**Malaysia -4.0%** 
Thailand -10.1% 

**Nearly all our neighbors are up – some soaring high – but Malaysia is in the red zone as the second-worst performer.** 

The worst performer is Thailand, whose Prime Minister has been suspended and which recently ended its conflict with Cambodia. 

**If all our neighbors can rise, why are we falling?** 

So, what's Malaysia's excuse? Has our Prime Minister also been suspended, and have we been at war with any neighboring country this year? 

**Don't blame a "weak global economy"** because the evidence before our eyes shows other countries are thriving. 

Malaysia should be an investment destination, but now investors are increasingly staying away. 

**This signal is clear: something is wrong with the policies, market confidence, and economic direction. 

 Problem No. 1 - This is Umno and UG’s own doing … wasting time on flags flying upside-down unintentionally, closing clinics down for 30 days for unintentional mistakes and encouraging racial and religious bigotry with inaction.

 Problem No. 2 - Such international news sure help investor confidence … mafia-style attacks and high-profile cases of people being abducted “police commando-style” and going missing forever.

No News Is Bad News reproduces below a news report taken from the Ministry of Finance website:

Malaysia's Economy On The Right Track - PM Anwar

Press Citations 23 July 2025

  

KUALA LUMPUR, July 23 (Bernama) -- Malaysia’s economy remains solid amidst the prevailing challenges, and the government will continue to strengthen its efforts to ease the people’s burden through the fourth MADANI Budget in October.

Prime Minister Datuk Seri Anwar Ibrahim said Malaysia’s gross domestic product (GDP) growth of 4.4 per cent in the first quarter of 2025 (1Q 2025) has been recognised not only within the country but also internationally.

“Based on preliminary projections, the (GDP growth in the) second quarter is expected to reach 4.5 per cent. Additionally, Malaysia has climbed 11 spots to 23rd position in the 2025 World Competitiveness Index.

“Most importantly, the ringgit has also reflected improving confidence. As of the first half of the year, the ringgit has strengthened by more than 5.0 per cent to RM4.23 versus the US dollar,” he said in a special announcement today.

The ringgit’s performance has put it as one of the top five best-performing currencies in Asia this year.

At 11.01 am this morning, the local currency had risen to 4.2230/2305 versus the US dollar from 4.2300/2370 at the close yesterday.

“All these achievements in data and figures, as encouraging as they may be, mean little if the people on the ground continue to struggle with the cost of living.

“Sustained economic growth enables the government to implement various initiatives to improve the people’s standard of living,” added Anwar. - MoF