Private investments jump along with business loans

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%.