Sunday, December 26, 2010

PNB confident of 7% growth for Malaysia


Permodalan Nasional Berhad (PNB) is confident that Malaysia will achieve the7% economic growth next year although the global economy is not very stable.

Its group chief executive Tan Sri Hamad Kama Piah Che Othman said the economic packages launched by Prime Minister Datuk Seri Najib Razak would further boost the country’s economic performance from this year’s growth of 6%.

“Although the world economy is expected to slow down, it will not affect the country’s economic performance,” he told reporters after launching the East Coast Writers Association at Pantai Bisikan Bayu here Sunday.





He said that with the implementation of the packages planned under the 10th Malaysia Plan, there was no reason the country could not achieve the s7% growth as targeted.

However, he said proper monitoring should be carried out to ensure smooth implementation of all activities planned.

Earlier, Hamad Kama Piah presented gifts to 37 students of Sekolah Kebangsaan Panggong and Sekolah Kebangsaan Seligi here, mostly children of rubber tappers and farmers, who did well in the Ujian Penilaian Sekolah Rendah this year.


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