Friday, October 15, 2010

Budget 2011: What to expect ?

The budget 2011, which will be announced today (October 15, 2010) .

With our Prime Minister Datuk Seri Najib Tun Razak's intention to transfer Malaysia into a developed and high-income economy by 2020, I believe everyone who has economy concerns is eying on it.

As we can see the traing of PLUS (5052) was suspended yesterday until today, expect some mega infrastructure projects (MRT, extension of LRT, new highways and etc) will be rollout. So construction sector will be the big winner. I will target Gamuda and IJM.

Personally, I wish the personal income tax can be reduced by 1%. :-)

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