Our Prime Minister dato Najib is now working hard in promoting his 1Malaysia. Recently to mark his 100th days as Prime Minister he has announced on the establishment of a new unit trust fund, Amanah Saham 1Malaysia, with a size of 10 billion units.  The new fund would be launched soon and is open to all Malaysians above 18.

After this many more 1Malaysia will be introduced. If Paklah time we heard about islamhadhari and now I am not sure what happen to its faith.

“The fund is in line with the government’s aim of encouraging the people to invest,” Najib said in his speech at a gathering on the occasion of his 100th day in office at the Kuala Lumpur Convention Centre (KLCC) here on Saturday.

“The establishment of this new fund now is timely, in view of the expected recovery of the economy, in the second half of this year,” he said. The fund, he explained, is expected to provide an investment opportunity to investors to enjoy reasonable returns over the long term.

According to Najib, in an effort to ensure an even distribution of wealth, especially for the hardcore poor in the urban areas, the government has allocated RM100 million for the Skim Amanah Saham Wawasan.

“It is aimed at reducing the burden for them, especially at the end of the year, in meeting the needs of the school going children,” said Najib. In 2010, he said a total of 10,000 hard core poor households, would be given 10,000 units under the E-Kasih list.

Via Bernama

Similar Posts: