Long-term direction of the market unlikely to be altered

Scott Lim, the managing partner/chief executive officer of private equity and venture capital firm Sino RH Capital (M) Sdn Bhd, thinks that Budget 2017 does not alter the long-term direction of the market.

With the country’s gross domestic product projected at 4% to 4.5% in 2016 and productivity seen to be slowing down, he says long-term investors are concerned about the serious leakages that Malaysia has to tackle, as it will affect the reinvestment in the country.