Sign up | Log in



Home  >>   Daily News  >>   Malaysia News  >>   Economy  >>   Razak: Malaysia ready for "next phase"
NEWS UPDATES Asean Affairs     8 October  2011                    

Razak: Malaysia ready for "next phase"

Related Stories

October 5, 2011
Malaysians’ budget desires

 September 24,2011
Malaysian inflation under control

August 19,2011
Inflation in Malaysian economy

August 11, 2011
Malaysia tries to contain prices

August 9, 2011
Malaysian currency to strengthen

After 53 Budgets, 10 five-year development plans, three outline perspective plans, and various national policies between 1971 and last year, Najib Razak said Malaysia was ready for its next phase of development.

"Today, we continue our journey together towards becoming a developed and high-income nation," he said.

Although the budget would continue with the tradition of placing the rakyat's welfare and country's well-being as its top priority, Najib said it was important to create for every Malaysian child a brighter future that was full of hope and prosperity instead of fear and hate.

"Over the last 30 months, the Government has charted a clear path for our beloved nation to achieve the national vision," he said.

He added that this was not only about unity in diversity, improving public service delivery or restructuring the economy.

"It includes the Political Transformation Programme which will create a new path for Malaysia's next phase of development where differences of ideas will be celebrated and not lead to never ending conflicts and where no one will be punished or sidelined for ideological differences," he said.

Najib said that at a time of global uncertainties, the rakyat's strong support was mandatory in order for the country to become a developed, prosperous nation.

Malaysia, he added, was successful and showed it was capable of changing from an agricultural and low-income country into a modern, industrial and upper middle-income nation within a short time.

He described this as an "extraordinary success, rather than a norm," as there were many countries with more potential to succeed than Malaysia during their early days of independence but which didn't.

"This success did not come easy. It was the result of hard work between the Government and the people who toiled together and held firmly to the principle of systematic planning and effective implementation

"It is clear that our development success story was not crafted in the boardrooms of skyscrapers but the result of hard work of all Malaysians, regardless of race, belief, gender or socioeconomic status," he said.

To further support economic growth, Najib said it would implement a Special Stimulus Package through the Private Financing Initiative, which would see several public projects, such as the upgrading and maintenance of schools, flood mitigation program and enhancing basic rural infrastructure.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
  Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below




1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Today's  Stories    8  October  2011 Subsribe Now !
• Indonesian car market booms Subcribe: Asean Affairs Global Magazine
• Indonesia rebrands as global force Asean Affairs Premium

• Mosque bomber suspect arrested

Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• Razak: Malaysia ready for "next phase"
• Myanmar VP to China on dam dispute
• Philippine dollar reserves fall
• Floods reaching Bangkok
 • Thailand's rice support program starts  pp

Asean Analysis              7  October  2011

Advertise Your Brand
• Tsunami warning is tested Sponsor Our Events

Asean Stock Watch      October  2011

• Asean Stock Watch-October 7 p

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent

• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore
• Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline
• Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More


Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand