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While Lim Chee Sing, RHB Research head said that the obstacle is to convince bank groups of PFI Projects.
According to Prime Minister and Finance Minister Datuk Seri Najib Razak during the second stimulus package in Parliament yesterday, he said that private companies can tender for the funds. Najib has added few characteristics for PFI Projects that is, planned projects have to be in strategic sectors that will help to create more job opportunities besides boosting country’s competitiveness in projects related to education and tourism.
He said that the funds only comprises small proportion of the project investment cost as it is a tipping point to turn marginally non-viable project to viable.
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Government’s assurance of the financial assistance availability was welcomed warmly by small and medium-scale enterprises (SMEs). SMEs said that the assistance helps to increase consumers’ spending ...

The major natural rubber (NR) producers are taking further step ahead to increase the global rubber prices in the coming top producers’ ministerial meeting in Kuala Lumpur this week. Malaysia producing ...

Generally, the distribution of legislative and executive powers is vested between Federal and State governments in Malaysia. Basically, federal government is responsible in external affairs, internal ...