May 19, 2009

Malaysia to revise productivity growth rate

Published: 2009/05/19

THE government will revise the productivity growth rate for this year depending on the gross domestic product (GDP) growth, said the Minister of International Trade and Industry, Datuk Mustapa Mohamed. He said the productivity growth rate for 2009 has been estimated at between 1.0 and 1.2 per cent.

"The estimate is based on the country's economic growth projection which is expected to contract by -1.0 per cent or grow by one per cent this year," he told reporters after launching the 2008 Productivity Report and the Productivity Awards 2008 in Kuala Lumpur today. Bank Negara Malaysia is expected to announce the first quarter 2009 GDP soon.

"If there is a change to the GDP projection, the productivity growth rate will also be revised," Mustapa said. -- Bernama

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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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