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Capital markets to help grow local businesses

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THE establishment of capital markets will help lift bumiputera businesses to a higher level and help them wean off being dependent on government support, the head of a Malaysian economic body said.

In an interview, Tan Sri Abdul Rahim Tamby Chik, chairman of the Federation of Malay Economic Bodies (GABEM), said local businesses could potentially gain access to capital injection from foreign investors which would help them grow their business.


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