PUTRAJAYA ( Dec 23, 2008):
Deputy Prime Minister Datuk Seri Najib Tun Razak stressed today that no multinational corporation (MNC) had left the country following the slump in the world economy.
He clarified that most of the MNC's had only reduced their operations.
"Some are downsizing their operations but are not leaving," he said after chairing the National Land Council meeting here.
Meanwhile, asked about the possibility of small and medium industries (SMIs)closing down next year as a result of the economic unstability, Najib said: "The government is ready to consider ways to assist.
"The SMIs are facing an extraordinary situation which has caused a shortfall in the demand for their products."
He also expressed the hope that the Ministries concerned would forward their suggestions to the government. -- BERNAMA
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