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The impact of the war in Iraq on the Malaysian economy is expected to be much worse than the 1991 Gulf War, National Economic Action Council (NEAC) executive director Datuk Mustapha Mohamad said.
THE IMPACT of the Iraq war on the world and Malaysian economies is very much dependent on the duration of the war and how messy it can get, according to many government and business leaders canvassed by I>StarBiz/I>.
THE question whether Malays are still poor was raised by columnist Awang Selamat in I>Utusan Malaysia/I>.
PRIVATE higher education institutions in the country are confident that Malaysia can attract 50,000 foreign students and earn RM3bil in foreign exchange over the next five years, as recommended by the National Economic Action Council.
THE international students sector in Malaysia is poised to contribute RM3bil in direct and indirect foreign exchange (forex) earnings in 2007, according to National Economic Action Council (NEAC) executive director Datuk Mustapa Mohamed.
The management of Sabah#8217;s resources, civil service and political situation are among the factors contributing to the state#8217;s lacklustre economic performance, National Economic Action Council executive director Datuk Mustapa Mohamad said.
Malaysia will be able to withstand the immediate adverse economic effects if there is a war in Iraq but the medium- and long-term effects are worrying, National Economic Action Council (NEAC) executive director Datuk Mustapa Mohamad said.
THE comprehensive stimulus package to be announced by the government next month is likely to be the most significant economic policy announcement for the year, according to the National Economic Action Council (NEAC) executive director Datuk Mustapa Mohamed.
Better days ahead are expected for unemployed graduates with the economic growth targeted at 6.5% this year, National Economic Action Council (NEAC) executive director Datuk Mustapa Mohamed said.
MALAYSIAN businesses need to be more aggressive in raising their level of productivity, as well as find their niche in global markets, said National Economic Action Committee (NEAC) secretariat head Dr K. Govindan.