ASEAN KEY DESTINATIONS
Malaysia confident of 7 percent growth
Minister in the Prime Minister's Department Tan Sri Nor Mohamed Yakcop said economic growth this year would be more favourable than forecast earlier although there were still signs of global economic instability.
We are confident of attaining a positive figure in the fourth-quarter of this year and a 7 percent growth for 2010, he told reporters after an agreement signing between Malaysia Building Society Bhd (MBSB), Bank Pembangunan Malaysia Bhd and Inovatif Mewah Sdn Bhd here yesterday.
On the economic outlook for next year, Nor Mohamed said it was expected to be challenging against a backdrop of economic instability in several European countries.
However, he said the country had taken several steps to ensure continued economic growth. Nor Mohamed also said the government would continue with the Jejak Jaya Bumiputera Scheme next year.
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