(Reuters) -Yext's CEO Michael Walrath has proposed taking the search optimization company private in a deal valued at about $1.1 billion, it said on Monday, sending shares up 9% in early trading.
KUALA LUMPUR: The government will not embark on mega projects that have limited impact on the majority of the people in the near future after taking into account global economic uncertainties, said Finance Minister II Datuk Seri Amir Hamzah Azizan .
"The government’s approach is to channel spending into programmes that truly benefit the lives of the people, such as repairing schools and rural clinics, which also generate economic spillover and create business opportunities for micro, small, and medium Enterprises ,” he said when winding up the debate on the 13th Malaysia Plan for the Ministry of Finance in the Dewan Rakyat today.
Amir Hamzah also stated that the improved growth prospects during the 13MP will be supported by public investments with a commitment of RM611 billion, including development expenditure allocation of RM430 billion, domestic direct investment by government-linked companies and government investment companies , and the implementation of public-private partnership projects .
"Although the fiscal space inherited is limited, the MADANI government has made the best use of all available resources to enhance the well-being of the people despite increasingly challenging global economic conditions. "Governance improvement measures have been introduced to ensure every cent collected is spent prudently to attract more investment to Malaysia and improve the standard of living and livelihoods of the people,” he added. - BernamaRinggit ends lower vs US dollar ahead of FOMC minutes release this week
Amir Hamzah Azizan 13MP Development Economy Msmes MADANI Government Mof
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