Saturday, October 14, 2006

hazy investor confidence

I've always believed that the biggest problem with this country and its government is its obsession with economic progress and staying competitive.

This is exemplified by our PM's letter to the Indonesian President on the haze that's affecting the region. Below's the press release on the letter sent:
MFA Press Statement: Haze Situation In Singapore

Prime Minister Lee Hsien Loong has written to Indonesian President Susilo Bambang Yudhoyono to express his disappointment over the recurring haze problem, which has been particularly serious this year. In his letter, Mr Lee had stated that Indonesia needed to deal with the problem in a timely and effective manner, so that investor confidence in Indonesia, Indonesia's international standing and ASEAN's credibility would not be affected. Mr Lee had also noted that while it may be too late this year to prevent the fires that cause the haze, it was critical to take action now in order to prevent future forest fires. To this end, Prime Minister Lee informed President Susilo that a meeting of Environment Ministers from the ASEAN countries affected by the haze will be held in Singapore on 13 October 2006. Its objective is to muster ASEAN's resources to help Indonesia cope with the present haze problem. Mr Lee also suggested that the meeting of 13 October 2006 could help in preparing for an international meeting which Indonesia could convene, to marshal the expertise and resources needed to help Indonesia and ASEAN tackle the haze problem effectively.

MFA had also conveyed these concerns on the haze issue in a Third Person Note which was handed to the Charge d'Affaires of the Indonesian Embassy in Singapore on 9 October 2006.

MINISTRY OF FOREIGN AFFAIRS
SINGAPORE
11 OCTOBER 2006

Note that there's no mention of environmental issues or health problems caused. Instead, the concern is on "investor confidence in Indonesia, Indonesia's international standing and ASEAN's credibility".

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