The early warning shots of NETX at 0.005 is here. Latest news from national newspapers as government struggles to divert resources to healthcare and social services. NFCP put on indefinite hold. Only payment for phase 1 and phase 2 OCT 2020 RFP tender canceled until due notice.
So... now what Mr Calvin? You said got tender. Please explain further. Government expanding resources to healthcare and military instead with their 50 billion allocation.
So.. without NFCP what does NETX have in its future?
Oil price has dropped to USD 22 per barrel. As demand and supply world wide plummet.
Oh no.
>>>>>>>>>>>
Government has started putting major projects on hold which is unnecessary to daily public and national importance.
Malaysia is looking at a shortfall of more than 58 billion ringgit for the allocation of public works due to cancellation of GST and shortfall from O&G revenue income.
NCFP project has been put on hold at all major states except Kelantan, Terrenganu, Sabah & Sarawak. Revision of packages to drop from 30 mb/s to 15mb/s speeds in rural locations.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
56,628 posts
Posted by calvintaneng > 2020-03-21 12:19 | Report Abuse
When market in total standstill and collapse US Govt steps in to provide Usd1000 cash to everyone
So Malaysia should continue brim at this time
Plus in President Rooselvet time he implemented mega infrar works that provided jobs when private sector jobs gone belly up
So PN Govt of Malaysia must hasten and give out more Govt stimulation jobs to spur the economy
Hasten Nfcp as planned
Hasten Rm20 billions stimulation works which Tun Dr Mahathir proposed when he was interim prime minister
Do not divert funds away thru corruption anymore.
Spend them as planned in an honest and transparent way for the country and rakyat
See to serve the nation above self interest for once