ID :
57735
Mon, 04/27/2009 - 21:45
Auther :
Shortlink :
https://oananews.org//node/57735
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M`SIA EXPORTS PICKING UP, SAYS DPM
JOHOR BAHARU (Malaysia), April 27 (Bernama) -- Malaysia's exports of
electrical and electronics parts and components have started to pick up
following positive impact from China's stimulus package, Deputy Prime Minister
Muhyiddin Yassin said Monday.
"This is an indication of a probable recovery in our export value,
particularly in electrical and electronics parts and components.
However, we cannot be over confident as generally the situation in our
country has not returned to normalcy," he told reporters after closing the
Malaysia Unit Trust Week 2009.
Muhyiddin said the government was still monitoring goings-on throughout the
world especially in the United States, Europe and regional countries.
The deputy prime minister said the RM67 billion stimulus package announced
by Prime Minister Najib Razak is being implemented in stages and the impact
would be seen in three months.
"We are giving emphasis on how the huge allocations are going to be spent.
there must not only be an impact but also higher out/(WIth put," he said.
Earlier, in his speech, Muhyiddin said Permodalan Nasional BHd's (PNB)
efforts to provide integrated investment education by giving emphasis to all
Malaysians must be emulated.
The deputy prime minister said he believed the initiative was carefully
planned and was now showing fruition through the Malaysia Unit Trust Week.
"This showed PNB was serious in educating the masses on investment,
especially in unit trust schemes, thus increasing learned people and investment
literate," he said.
Muhyiddin said it was crucial to step up efforts to enrich the people's
awareness and knowledge on investment potentials in unit trust schemes and their
contributions to the nation's economic growth.
He said PNB's emphasis on risks and returns must be given keen attention as
understanding of the two concepts would enable investors be aware of the
dividend rate and share price fluctuations.
Muhyiddin said the government was aware it has not become a culture among
Malaysians to do compulsory savings and investments.
"Nonetheless, I'm happy PNB has taken the initiative to educate the people
on investments and managing their finances to boost the masses' overall savings
rate," he added. (US$1=RM3.59)
-- BERNAMA
electrical and electronics parts and components have started to pick up
following positive impact from China's stimulus package, Deputy Prime Minister
Muhyiddin Yassin said Monday.
"This is an indication of a probable recovery in our export value,
particularly in electrical and electronics parts and components.
However, we cannot be over confident as generally the situation in our
country has not returned to normalcy," he told reporters after closing the
Malaysia Unit Trust Week 2009.
Muhyiddin said the government was still monitoring goings-on throughout the
world especially in the United States, Europe and regional countries.
The deputy prime minister said the RM67 billion stimulus package announced
by Prime Minister Najib Razak is being implemented in stages and the impact
would be seen in three months.
"We are giving emphasis on how the huge allocations are going to be spent.
there must not only be an impact but also higher out/(WIth put," he said.
Earlier, in his speech, Muhyiddin said Permodalan Nasional BHd's (PNB)
efforts to provide integrated investment education by giving emphasis to all
Malaysians must be emulated.
The deputy prime minister said he believed the initiative was carefully
planned and was now showing fruition through the Malaysia Unit Trust Week.
"This showed PNB was serious in educating the masses on investment,
especially in unit trust schemes, thus increasing learned people and investment
literate," he said.
Muhyiddin said it was crucial to step up efforts to enrich the people's
awareness and knowledge on investment potentials in unit trust schemes and their
contributions to the nation's economic growth.
He said PNB's emphasis on risks and returns must be given keen attention as
understanding of the two concepts would enable investors be aware of the
dividend rate and share price fluctuations.
Muhyiddin said the government was aware it has not become a culture among
Malaysians to do compulsory savings and investments.
"Nonetheless, I'm happy PNB has taken the initiative to educate the people
on investments and managing their finances to boost the masses' overall savings
rate," he added. (US$1=RM3.59)
-- BERNAMA