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News (314)

KUALA LUMPUR, Oct 30 (Bernama) -- The Malaysian Investment Development Authority (MIDA) has launched i-Services Portal with the aim to reduce the services sector’s trade deficit, says Chief Executive Officer Datuk Azman Mahmud. He said the deficit recorded in this sector widened to RM22.8 billion in 2017 compared with the RM18.9 billion recorded in 2016.

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IPOH, Oct 29 (Bernama) -- In what is seen as the first of its kind in Southeast Asia, a smart convenience store which accepts only cashless transactions, opened its doors to the public in Ipoh. Called the 'Twenty4' smart department store located in a shopping mall here, the store also made its way into the Malaysia Book of Records (MBOR).  

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KUALA LUMPUR: Malaysian Investment Development Authority (Mida) expects 60,181 jobs opportunities for Malaysia with the  new approved direct investments totalling RM80.2bil in the January-June period of this year. It said on Monday the investments in the services, manufacturing and primary sectors increased by 17.7% from  RM68.2bil in the previous corresponding period. The investments were from 2,346 projects.
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KUALA LUMPUR, Oct 29 (Bernama) – Malaysia continues to attract new approved direct investments in the services, manufacturing and primary sectors in the first half of 2018 (1H 2018) with a total of RM80.2 billion, an increase of 17.7 per cent over the same period last year (RM68.2 billion). Malaysian Investment Development Authority (MIDA) in its statement today said the country’s services sector continued to account for the largest share of approved investments, contributing 63.5 per cent or RM50.9 billion.

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Monday, 29 October 2018 10:54

Couple turn hated chore into a business

FOLDING, ironing and hanging clothes is a tedious household chore that most people dread. We all love to wear neat, wrinkle-free clothes, and that is why Mak Cik Cleaning Services founder Wan Nazwani Wan Johan, who folds or irons clothes at people’s homes, said the business was an opportunity to leverage on her skills in folding clothes with ease.

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ALOR SETAR, Oct 25 (Bernama) – About 1,995 entrepreneurs nationwide have benefited from the Bumiputera Small and Medium Enterprises (SMEs) Enhancement Programme (BEEP) with grants amounting to RM189.26 million, disbursed from 2011 until Sept 30 this year. Entrepreneur Development Minister Datuk Seri Mohd Redzuan Md Yusof said BEEP was set up to develop the capability and capacity of Bumiputera SMEs through an integrated aid package to help create dynamic and competitive entrepreneurs.

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KUALA LUMPUR, Oct 24 (Bernama) — SME Corporation Malaysia (SME Corp) hopes the upcoming Budget 2019 would set aside an adequate allocation for SME development programmes under different ministries and government agencies.

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Wednesday, 24 October 2018 10:55

SME Corp to continue Tube programme

MELAKA, Oct 23 (Bernama) -- SME Corporation Malaysia (SME Corp), which has been placed under the Ministry of Entrepreneur Development (MED), will continue to implement the Bumiputera Budding Youth Entrepreneurship (Tube) programme in the quest to create more Bumiputera youth entrepreneurs.

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Wednesday, 24 October 2018 10:54

Govt will not stop giving grants for business

KUALA LUMPUR, Oct 23 (Bernama) -- The government will continue to provide grants to entrepreneurs under the 2019 Budget, however, a complete assessment of the business will be conducted beforehand, said Minister of Entrepreneur Development Datuk Seri Mohd Redzuan Yusof today.

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KUALA LUMPUR, Oct 23 (Bernama) -- The National Institute of Entrepreneurship (Insken) will focus on enhancing the competitiveness of the country’s entrepreneurs besides producing new one. Chief Executive Officer Muhd Firdaus Azharuddin said the focus will be on helping existing entrepreneurs to export their products or services.

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