ID :
38641
Sat, 01/03/2009 - 12:53
Auther :
Shortlink :
https://oananews.org//node/38641
The shortlink copeid
MALAYSIANS URGED TO BE PREPAIRED FOR ECONOMIC CRISIS
IPOH (Malaysia), Jan 3 (Bernama) -- The Regent of northern state of Perak,
Raja Dr Nazrin Shah, on Saturday called on Malaysians to be prepared for a
protracted slowdown due to the global economic meltdown and severe financial
crisis.
"Looking ahead at the year before us, the threat of a global economic
meltdown and severe financial crisis continues to hang heavy on all our minds.
Its impact on the domestic economy is inevitable and is reflected in the
anticipatory measures taken by the Malaysian government to pre-empt a deep
domestic economic plunge," he said.
The impact on the domestic economy was inevitable and was reflected in the
anticipatory measures taken by the Malaysian government to pre-empt a deep
domestic economic plunge, he said in his address the 74th Rotary International
District 330 Conference here.
"It is a sign that more hardship can be expected and Malaysians will have to
be prepared should we be subject to a protracted slowdown."
Raja Dr Nazrin opened the conference on behalf of the Sultan Perak, Sultan
Azlan Shah, who is also the patron of the Rotary Club of Perak.
He also hailed the existence of charitable and philanthropic organisations
such as the Rotary Club which is vital as resources become scarcer and
confidence levels diminish in times of hardship.
"The role of Rotarians thus cannot be overemphasised. Your presence offers
an assurance to the wider community that there is a group to depend on in times
of need," he said.
He said that 25 years ago, when his father ascended the throne as Sultan of
Perak, there were only four Rotary chapters in the state but the number had
since grown to 14.
"This is very reassuring because, where on one hand we witness a world that
is becoming increasingly materialistic and individualistic; on the other hand,
we are not short of exemplary individuals and groups representing the spirit of
compassion and selfless giving.
We look forward to the Rotary club growing further so that more and more
communities can come to benefit from your voluntarism and philanthropy," he
added.
-- BERNAMA
Raja Dr Nazrin Shah, on Saturday called on Malaysians to be prepared for a
protracted slowdown due to the global economic meltdown and severe financial
crisis.
"Looking ahead at the year before us, the threat of a global economic
meltdown and severe financial crisis continues to hang heavy on all our minds.
Its impact on the domestic economy is inevitable and is reflected in the
anticipatory measures taken by the Malaysian government to pre-empt a deep
domestic economic plunge," he said.
The impact on the domestic economy was inevitable and was reflected in the
anticipatory measures taken by the Malaysian government to pre-empt a deep
domestic economic plunge, he said in his address the 74th Rotary International
District 330 Conference here.
"It is a sign that more hardship can be expected and Malaysians will have to
be prepared should we be subject to a protracted slowdown."
Raja Dr Nazrin opened the conference on behalf of the Sultan Perak, Sultan
Azlan Shah, who is also the patron of the Rotary Club of Perak.
He also hailed the existence of charitable and philanthropic organisations
such as the Rotary Club which is vital as resources become scarcer and
confidence levels diminish in times of hardship.
"The role of Rotarians thus cannot be overemphasised. Your presence offers
an assurance to the wider community that there is a group to depend on in times
of need," he said.
He said that 25 years ago, when his father ascended the throne as Sultan of
Perak, there were only four Rotary chapters in the state but the number had
since grown to 14.
"This is very reassuring because, where on one hand we witness a world that
is becoming increasingly materialistic and individualistic; on the other hand,
we are not short of exemplary individuals and groups representing the spirit of
compassion and selfless giving.
We look forward to the Rotary club growing further so that more and more
communities can come to benefit from your voluntarism and philanthropy," he
added.
-- BERNAMA
