Thursday, October 15, 2009

investPenang’s 3 wishes for Budget 2010

Haha...the federal government will always hear you, but they will always ignore you as well...
State investment arm investPenang Bhd has submitted to the finance minister three wishes for the business sector in Budget 2010, said chairman of its executive committee Datuk Lee Kah Choon.
He said the wishes were for better quality graduates and post-graduates, government support and incentives for renewable energy and the provision of quality infrastructure.
“As the country primes itself for economic recovery, adequate and appropriate reorganisation and incentives are required to further expedite the recovery process. The requests from investPenang will further assist in the quest for a speedy recovery,” Lee said in a statement on Oct 14.
He said the availability of local graduates and post-graduates in terms of number and quality was a cause of concern to the industry.
Lee said the MNCs had pointed out that local graduates lacked the skill sets for high-technology industrial activities. Additionally, local graduates were not conversant in English, the world’s business language.

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