Najib said Malaysia plans to spend 280.25 billion ringgit (£50.54 billion) in 2018, up 7.5 percent from this year's allocated budget of 260.8 billion ringgit.
Before the speech, Najib said the budget would be "mildly expansionary". Analysts had predicted increased spending on handouts and infrastructure projects.
“Bursa Malaysia’s performance was also in line with major Asian bourses which continued their gains on Friday, boosted by technology shares, while taking cue from the upbeat earnings of US hi-tech giants, and as the euro hovered near a three-month low against the dollar after the European Central Bank extended its stimulus,” he added. Read more at http://www.themalaymailonline.com/money/article/bursa-malaysia-rebounds-to-end-higher1#Xs7KTgRYdeKd7q2D.99
Meaningless budget, administrative expenditure more than development expenditure. How can our country become developed country in 2050? WE are facing bankruptcy country very soon......
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 5887 views | 5 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
hstha
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Posted by hstha > 2017-10-27 16:40 | Report Abuse
https://www.nytimes.com/reuters/2017/10/27/business/27reuters-malaysia-budget.html