MPHB/Magnum: Speculation that MPHB may soon announce a corporate exercise involving its NFO Magnum Corp.
The Auto Industry: The government may bring forward the liberalization of the auto industry to several years earlier than 2020, amid mounting pressure for a level playing field between national and non national players, and as foreign automakers express keen interest to set up or expand their manufacturing presence in Malaysia .
Earlier than scheduled liberalization is being called for to prepare Proton and Perodua for the post liberalization era. It is learnt that financial benefits such as R&D grants under the Industrial Adjustment Fund as well as soft loans from the Automotive Development Fund, the main beneficiaries of which have been local companies, are likely to ease with liberalization. Protective measures would have to be abolished to ensure fair competition between local and non national players in the local auto industry.
What liberalization means is that eventually, the price gap between national and non national cars will start to narrow.
CyPark: Speculation that CyPark will win a sizeable chunk of the RM15.6 billion national solid waste management infrastructure. The government intends to pump money into the development from 2011.
No comments:
Post a Comment