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To: Frodo Baxter who wrote (3051)4/26/1998 3:09:00 AM
From: Stitch  Respond to of 9256
 
Lawrence;

The ringiits fall is expected to follow revelations of corporate failures and some more banking problems that the local private talk says is in the works. In addition the water shortage is slowing export output. Many plants are slowed down or shut down. All the car manufacturing factories are currently shut down for a three month furlough which will be reassessed at the end of three months. The haze has returned and Mahatir's government has a lid on the news media threatening reprisals if it is written about.

There is increasing rumors of the government using the employee's provident fund (EPF) to bail out corporations.

Yea...its going to get worse. A lot worse.

Regards,
Stitch