Private investments jump along with business loans

  • Business Premium
  • Saturday, 12 Mar 2011

WITH the Economic Transformation Programme (ETP) gaining traction, economists are seeing some spillover effects in the country's real private investments.

This forecast is backed by recent forward-looking indicators. For example, total approved investment in the manufacturing sector jumped 44.6% to RM47.2bil in 2010. Meanwhile, as of January this year, business loan growth was up 12.7% and capital goods rose 5.3%.

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