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Westports chairman: Economy will have it tough in 2010.

New Straits Times

| December 28, 2008 | COPYRIGHT 1999 The New Straits Times Press (M) Bhd. (Hide copyright information)Copyright

KUALA LUMPUR: Malaysians can expect tough times economically in 2010, said Westports executive chairman Tan Sri G. Gnanalingam.

He said Malaysia experienced difficulties every 12 years and cited the 1986 economic crisis and the ringgit crisis in 1998.

"Next year will not be too bad but we must be prepared for 2010," he said in his keynote address to the Malaysian Indian Business Association (Miba) at its Grand Dinner and Awards Night yesterday.

"The Chinese say 2010 is the Year of the Tiger and the Year of the Tiger is not good for Malaysia." Gnanalingam, who is the private …

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