East, the Takaful industry, increasing the competitiveness of Labuan as an Offshore Financial Services Centre and stimulating the property sector. Not letting-up the push for the agricultural sector, Abdullah said several new sources of growth had been identified in this field, such as the pioneer project of virgin coconut oil processing, commercialising of nira nipah products and breeding of Boer goats. To encourage the cooperation between bio-technology companies and local universities, Bionexus status companies would be allowed to use the laboratories and reserach facilities at these universities. To further promote the Multimedia Super Corridor (MSC) internationally, Abdullah said, the government would host the World ICT Week in Kuala Lumpur in May, 2008. Measures would also be taken to further enhance Cyberjaya's attraction as a major cyber city, able to attract world-class technology companies. Recognising that the small- and medium-size enterprises (SMEs) may face cash flow constraints at the initial stages of operations, the prime minister said the government would give them flexibility to pay taxes at the end of the financial year instead of monthly instalments for a period off two years from starting operations.
