Both The Straits Times and its sister, Singapore Business Times, carried Najib Razak's statement extensively. The piece by seasoned commentator S. Jayasankaran, here, is interesting:
Even so, Mr Najib inserted a cautionary note in his otherwise conciliatory speech. Elaborating on the growing cross-border deals between the two countries, he said the acquisitions of Malaysian interests especially by Singapore state-controlled entities 'have far outweighed' the acquisitions of Singapore companies by Malaysians.
He said the deals include the purchase of Singapore stockbroker GK Goh by CIMB Bank of Malaysia as opposed to Temasek Holdings' acquisition of a significant interest in Malaysia's Alliance Bank.
"I am hopeful that there will be a greater degree of reciprocity from Singaporean authorities in facilitating more Malaysian acquisitions of assets in Singapore," Mr Najib said.
Will Singapore open its door wider to Malaysia? I am tempted to believe that even Mr Najib does not think so; hence, the "cautionary note in his otherwise conciliatory speech".