Travel - Tips - Food - Observations

Monday, 9 February 2015

Malaysia is One of Seven Emerging Markets worth Putting Your Money in, According to Fortune Magazine - Expat Go Malaysia

Malaysia is One of Seven Emerging Markets worth Putting Your Money in, According to Fortune Magazine - Expat Go Malaysia:



'via Blog this'



The New World of Business
According to an article in Fortune magazine, Malaysia is one of seven emerging markets worth putting your money in.
The writer of the article Ian Bremmer wrote, “In Malaysia, the incumbent (Barisan Nasional) government is trying to stay ahead of increased demand for change.” He continued by writing that Malaysia’s Prime Minister, Datuk Seri Najib Tun Razak, had scrapped fuel subsidies and will soon implement a 6% Goods and Services Tax come April, to improve Malaysia’s fiscal position.
Bremmer also believes that Prime Minister Najib will likely speed up his Economic Transformation Programme by introducing further tax incentive for foreign investors.
“Further liberalisation of the manufacturing and financial services sectors is likely as well. It is a fair bet that as growth tapers in China (and the impact of that slowdown is felt in Malaysia), Najib’s government will feel pressured to boost public spending on infrastructure, education and health care.
“That is a good thing, particularly if authorities, as expected, continue to advance a broad fiscal reform agenda, with support from the middle class, to balance the nation’s budget by 2020,” Bremmer wrote.
The article, titled The New World of Business, was published in the February 2015 issue of Fortune magazine. The other six emerging markets mentioned are India, Indonesia, Mexico, Columbia, Poland and Kenya.
Fortune is an American business magazine published globally by Time Inc.
Read the full article here.

0 comments :

Post a Comment

Thank you for taking the time to comment. Your opinion is important and of value and we appreciate the positive feedback! If you are "Negative Nancy" then please do us, and humanity, a favor and piss off.

Total Pageviews

Google+ Followers

Pages

Blog Archive

Popular Posts

Recent Comments

Rays Twitter feed

Ads

Web sites come and go and information is lost and therefore some pages are archived. @rayd123. Powered by Blogger.

Search This Blog

Labels

About Me

My photo

I have traveled far and wide and lived in South Africa, the UK and Malaysia. 

I am a technical person that never forgets anything. Recalling it at the right time though is a struggle.

I have always worked with IBM technologies and worked for them for many years. I now do my best to migrate people away from IBM technologies.

  

Whale Watching Season in Hermanus | Best Spots & Time of Year to See Whales in South Africa Western Cape June to December

Have a Whale of a Time in Hermanus Watch the world’s gentle giants of the deep frolic in waters of Walker Bay Last Update 10 July 2017 Wedg...

Recent Comments

Google+ Followers