"The 9MP Plan is focusing on making the private sector to take the lead role in spearheading economic development or growth which include initiatives to enhance SME development as well as increasing the number and level of public-private sector partnerships. The establishment of SME Bank in 2005 represents the first major step towards providing access to financing for SMEs. "
Soon after the 9MP announced, the performance of Second Board and MESDAQ showed good results. The uncertain global political and economic scenario has effected the performance of major companies and the recent performance of Main Board has been very unstable. As the SME seldom being effected by global affair, we shall focus on the Second Board and MESDAQ this year in order to have extreme return of our investments. The annual dividens by major companies just not enough to cover our expanses of high fuel prices.
posted by Ho Sang @ 9:16 PM
2 Comments:
At 1:55 PM,
Anonymous said…
Firstly,9MP is a long term plan and normally the corporate exist in our country whether local or foreign company will ignore this plan cause it is not realistic for their benefit...sides,countries if the economy is doing well normally will not have this kind of plan..is just a "Plan" that created by those "BRAINLESS" to advertise their so called "Great Vision" and cheating the investor to pour out more money only...9MP == BULLSHIT
At 11:41 AM,
danielkong said…
To achieve the country vision 2020, planing play an important role. With planning and proper execution will bring the country closer to achieving our vision. On the economy, it certainly give a clearer picture to the investor and public on the government movement on building up the economy. The long term plan might seem less affect on the market but on the long run certain sector do benefit from it. Each and every country and leader do create an economy plan to give a guideline to the investor and they commitment and security to the investor on the allocation for the annual budget. On the management, planing is the first vital step to give they people the sense of direction of the organisation. Let us look forward on this 9MP....
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