Proctrated trade war offers Malaysia unique opportunity to become choice destination for FDI with high added value Government allocates RM210m to expedite digital infrastructure establishment in public buildings like schools Mandatory Standard on Access Pricing (MSAP) has successfully reduced broadband prices by 49% and increased speeds by three times Govt intends to develop a 100-acre logistics hub at Special Border Economic Zone at Kota Perdana in Bukit Kayu Hitam to strengthen trade relations with Thailand RM250m will be set aside by MCMC to prepare broadband access via satellite technology to increase connectivity in rural Malaysia, especially Sabah and Sarawak National Fiberisation & Connectivity Plan will adopt public-private partnership approach involving total investment of RM21.6b
This One Below Chun Chun On Target!!!
National Fiberisation & Connectivity Plan will adopt public-private partnership approach involving total investment of RM21.6b
GET CHOAH KWANG HWA TO COME BACK AND BE 3RD CEO!!!
HIP HIP HOORAY!!!
Matching grant fund of RM25m will be set aside to encourage more pioneer digital projects that benefit fibre optic infrastructure and 5G RM20m allocated to MDEC to groom local champions in producing digital content RM50 million grant to develop 5G ecosystem to prepare for 5G transformation worldwide 50% matching grant of up to RM5,000 to increase the digitalisation of operations for Malaysian small and medium enterprises (SME) Smart automation matching grant (up to RM2m) for 1,000 local manufacturers and 1,000 services companies to automate business processes
To boost use of e-wallets, govt to offer one-time RM30 digital stimulus to qualified Malaysians aged 18 and above with annual income less than RM100,000 14 one-stop digital improvement centres to be set up in every state to faciltiate access to financing, development of business capacity RM10m to be set aside for MDEC to train micro-digital entrepreneurs and technology experts to leverage e-market places, social media platforms RM445m Bumiputera entrepreneur development grant for access to financing, provision of business premises, entrepreneurship training Digital Social Responsibility (DSR) is commitment from business sector to enhance workforce with digital skills needed by society. Contributions from the private sector to the DSR will be given tax exemptions. RM50m allocation proposed to encourage SMEs to engage in more export promotion activities Govt to provide loans worth RM100m under Small Industries Entrepreneurs Financing Scheme for Chinese community
NOW AFTER READING THE BUDGET SPEECH ONLY I KNOW WHY OPCOM POWERED OVER 80 SEN
THIS 12 MP BUDGET OF MALAYSIA GOT ONLY ONE THEME
"""THE DIGITAL ECONOMY"""
SEE
SURPRISE AND MORE SURPRISES
DIGITAL E-WALLETS!!
DIGITAL ENTREPRENEURS
DIGITAL SCHOOLS
DIGITAL ESPORTS
MALYSIAN BUDGET ONLY ONE THEME?
ALL DIGITAL????
CORRECT: "THE DIGITAL ECONOMY"""
To boost use of e-wallets, govt to offer one-time RM30 digital stimulus to qualified Malaysians aged 18 and above with annual income less than RM100,000 14 one-stop digital improvement centres to be set up in every state to faciltiate access to financing, development of business capacity RM10m to be set aside for MDEC to train micro-digital entrepreneurs and technology experts to leverage e-market places, social media platforms RM445m Bumiputera entrepreneur development grant for access to financing, provision of business premises, entrepreneurship training Digital Social Responsibility (DSR) is commitment from business sector to enhance workforce with digital skills needed by society. Contributions from the private sector to the DSR will be given tax exemptions. RM50m allocation proposed to encourage SMEs to engage in more export promotion activities Govt to provide loans worth RM100m under Small Industries Entrepreneurs Financing Scheme for Chinese community
Islamic Economic Blueprint to be formulated to position Malaysia as centre of excellence for Islamic finance Govt to provide RM20m in loans under entrepreneur development scheme for Indian community RM20m allocation for Cradle Fund to train and offer grants to high-impact technology entrepreneurs Government allocates RM210m to expedite digital infrastructure establishment in public buildings like schools Govt to provide extra RM50m for SC's My Co-Investment Fund (MyCIF) to assist SMEs that have difficulties in getting financing Licensing for digital banks to be opened for public consultation by year end. A framework is expected to be released in 1H2020 Government to up e-sports allocation to RM20m due to high potential
Yesterday up almost 10 sens with no news...now budget '20 already budgeted 12b...such catalyst will be like setting a bull's ass on fire...limit up possible.
Market is like that, some ppl say will down, some ppl say will up.. those sold off or dont have holding will say down, those holding will say up.. so simple... lol
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....
ramunia
1,123 posts
Posted by ramunia > 2019-10-11 17:47 | Report Abuse
Don't too happy, news out sharks take profit.