PRIME MINISTER Datuk Seri Najib Razak’s announcement on the moves to liberalise the 27 services sub-sectors raise a number of basic questions. Firstly, what does he really mean by “liberalisation”? Is it merely confined to the lifting of 30% bumiputera equity? What are the efforts for socioeconomic upliftment of the poor and marginalised from all ethnic groups? In […]
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More needs to be liberalised, say parties (Updated 3.10pm)
Updated 3.10pm on 23 April 2009 PETALING JAYA, 23 April 2009: The DAP has described the prime minister’s liberalisation of 27 services sub-sectors as a “baby step forward” in the right direction but said much more needed to be done. DAP national publicity secretary Tony Pua said the move demonstrated Prime Minister Datuk Seri Najib […]
MIER sees GDP contracting 3.8% in 2009
By Racheal Lee Mei NyeeKUALA LUMPUR, 17 March 2009: The Malaysian Institute of Economic Research (MIER) forecasts the country’s gross domestic product (GDP) will contract 3.8% this year, which is its worst-case scenario. MIER executive director Datuk Dr Mohamed Ariff Abdul Kareem said on 16 March that MIER expected investments to shrink 4.6% and exports to contract 9.8%. Speaking […]
