Now, Bloomberg praises Lim Guan Eng for Penang’s success

Posted: October 20, 2011 in Bloomberg, Lim Guan Eng, Malaysia, Malaysian Politics, Pakatan Rakyat, Penang

Bloomberg has hailed Chief Minister Lim Guan Eng as embodying the contrast between Penang’s business transparency and the four-decade old policies of the ruling party (Barisan Nasional) that favour Malays.

Lim Guan Eng turned Malaysia’s second-smallest state into the nation’s biggest economic success after he bumped into two National Instruments Corp. (NATI) executives at the local airport in 2008.

Elected in March that year as Penang’s first chief minister from an opposition party in 36 years, Lim was struggling with the prospect of federal funding cuts. He convinced the managers to set up a research and production center in the state, and within two years the former British trading post was Malaysia’s top destination for foreign manufacturing investment.

“The deal was struck very quickly,” said Eugene Cheong, a director at the local unit of the Austin, Texas-based maker of industrial testing and automation equipment.

See rest of the story here

  1. Khir says:

    UMNO loves to spin but they got no standard. Some of the UMNO bloggers got no class and they think they are better than even Bloomberg. See the jealous sour grapes here :


  2. Cobra Nair says:

    All BN MBs & CMs must read this, till it gets into their heads. Hallo work like Lim Guan Eng ,I strongly feel all these fellows must go for 5 day kursus, to Penang & learn from LGE, on how to run a state. Hats off for u LGE. till life time you are going to be the CM of Penang. The Penang rakyat are so happy with you, but these UMNO morons are trying to find fault with you from all angles.May God bless & guide you. Hey UMNO guys, learn from him.


  3. Anonymous says:

    LGE, keep up the good job and be a beacon to show Malaysians what the future holds if good governance is practised.


  4. Chong says:

    Well done LGE. keep it up.


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