Published: 2009/10/23
PRIVATE sector financing through the banking system and capital market is expected to increase in the country as economic growth gains momentum amid a liberalised financial sector.
The Ministry of Finance in the 2009/2010 Economic Report released here today, said the liberalisation measures are expected to further boost the competitiveness of Malaysia's financial and capital markets.
Meanwhile, it added that a proposed private pension scheme, will enable more savings to be intermediated through the capital market and provide an additional retirement scheme.
Among the measures taken by the government to enhance the capital market include the reducing of time-to-market for companies to raise funds, a new framework for listings and equity fund raising as well as the introduction of the multi-currency securities framework to suppport listing, trading, clearing and settlement of non-ringgit securities. - Bernama
About Me
- Nuang
- 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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