Tradewinds Corp Bhd hopes the 2013 Budget will focus on ways and means to sustain domestic economic growth in the wake of the uncertain world economy.
Its Chairman Tan Sri Megat Najimuddin Megat Khas said concerted efforts must be made to ensure that Malaysia's economy continues to expand in order to cushion the impact of the current global sluggish economy.
He said the side-effects are clearly visible particularly from the european nations' bearish economic growth stemming from the prolonged eurozone debt crisis and slower growth in China, the world's second largest economy.
"We've to find our own solutions (to our own problems). We should not merely rely on other countries.
"Unfortunately, our country is still dependent on imported goods. Hence, we should improve on our competitiveness to produce more competitive products," he told reporters at a Hari Raya reception hosted by his company last night.
Megat Najimuddin also hoped the budget would continue to ensure stability and harmony in the country, particularly with regard to the political scenario in the run-up to the 13th general election.
"We hope the 2013 Budget will be more political-friendly, providing lasting peace and stability to this blessed nation and able to woo more foreign tourists to the country.
"Political and economic stability are crucial to enable the nation to attract more foreign investors to invest in this country," he added.
Prime Minister Datuk Seri Najib Tun Razak will table the 2013 budget in Parliament on Sept 28. Najib is also Finance Minister. -- Bernama
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 339 views | 2 d ago
0:17
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 11646 views | 10 d ago
0:17
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....
Keng Tee Lim
are u onling now
2012-10-11 19:31