tag:blogger.com,1999:blog-7306009336680641277.post4742772327390978016..comments2024-02-29T06:48:42.520+08:00Comments on P116: My take on the RM60mil stimulus packageresident.wangsamajuhttp://www.blogger.com/profile/12679072482217684577noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7306009336680641277.post-62694829714674133842009-03-22T23:05:00.000+08:002009-03-22T23:05:00.000+08:001)On accelerated CAs for expenditure on renovation...1)On accelerated CAs for expenditure on renovation and refurb spent between 10 March 2009 and 31 December 2010- many companies will think 10 times before committing capex for renovation in times like these. Maybe perhaps, for a company with lots of cash towards the of 2010 this will work.<BR/><BR/>2)Allocation for retraining- usefulness will only come in a few years after the recession, not during 2009 nor 2010. Companies already reducing fixed costs by offering vss already. Who wants to hire newly-trained (or retrained in this case) candidates. Tough.<BR/><BR/>3)This mini-budget is expected to set us back to a 7.6% deficit. The Government is unclear where the funding is coming from. Najib is right in saying Federal debt is still at an ok level- but I have statistics to show this is quite doubtful.resident.wangsamajuhttps://www.blogger.com/profile/12679072482217684577noreply@blogger.com