Young execs upbeat and give it the thumbs up
YOUNG professionals have plenty to say about Budget 2012 – and most of them are upbeat.
Tune Talk chief executive officer Jason Lo described the budget as “exciting”.
The 36-year-old applauded the Govern-ment’s decision to allocate funds to build futsal courts and football fields with artificial turfs, which he felt would encourage people to take up the sports.
“The RM200 book voucher for university students is also a good move,” said Lo.
Maybank Investment Bank chief executive officer Tengku Zafrul Tengku Abdul Aziz said the budget targeted the lower- and middle-income groups.
“It was in line with market expectations,” he said, adding that the details of the budget were also clearly spelt out.
The 38-year-old also welcomed the retention of subsidies and said it would be tough to remove them under the uncertain economic situation.
“They are a key element in the building of a nation,” he said, adding that he was also pleased that school fees had been abolished.
Digital consultant David Lian, 29, said he was glad that civil servants were getting a pay rise, adding that most were not well paid.
“Hopefully this will improve the civil service,” he added.
He welcomed the focus on education, citing the RM1bil special fund for the construction, improvement and maintenance of schools.
Naza group of companies joint group executive chairman SM Nasarudin Nasimuddin said: “I am looking forward to the new Budget in improving productivity and economic growth.
“Quality of life, or happiness, has been shown to increase productivity, going hand-in-hand with a higher GDP per capita.
“The revised RPGT will encourage people, not just those from the lower income but also younger families, to invest in property, which is a good thing.”
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