March 24, 2009

AmResearch: Malaysia May Need Third Stimulus Package

By Rupa Damodaran
Published: 2009/03/24

Saying the third package should be worth some RM15 billion, AmResearch proposes measures like a cut in personal income tax, a second home-ownership programme with easier financing, and more 'Buy Malaysian' campaigns.

MALAYSIA may need a third stimulus package to get people and companies to spend and invest, AmResearch says.The research house's senior economist Manokaran Mottain suggested measures like a cut in personal income tax, a second home-ownership programme with easier financing, and more "Buy Malaysian" campaigns.

The third package should be worth some RM15 billion, he said."These would be more effective in stimulating domestic demand," said.

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Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;

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