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Wednesday, 08 August 2018 10:58
MIDA Approves RM249.8 Mln Investments In Perak In Q1
IPOH, Aug 7 (Bernama) -- Investments worth RM249.8 million has been approved in Perak in the first quarter (Q1) of this year, based on the latest information from Malaysian Investment Development Authority (MIDA). State Investment and Corridor Development Committee Chairman Datuk Seri Mohammad Nizar Jamaluddin said out of the total, some RM235.7 million was from local investments while the remaining RM14.1 million constituted foreign investments.
Monday, 06 August 2018 10:00
Govt taking proactive steps to increase FDI
KUALA LUMPUR, August 6 (Bernama) -- The government will continue to take proactive measures to increase foreign direct investments (FDI) by giving more attention to high-quality investments which can stimulate the economy. Deputy International Trade and Industry Minister Dr Ong Kian Ming said as a country moving towards developed nation status, focus would be given to high-quality and high-technology investments, as well as reducing the dependency on foreign labour.
Monday, 06 August 2018 09:57
Raising awareness on ECF through discourse
IN EFFORTS to accelerate the growth of equity crowdfunding (ECF) in Malaysia, Ata Plus recently launched its Discourse Series to provide an avenue for entrepreneurs, investors and other players in the ecosystem to interact and exchange viewpoints.
“The ECF industry is still in nascent stage of development, and such initiative, not only helps raise awareness and understanding, but also improves the effectiveness and efficiency of the industry,” said Kyri Andreou, co-founder and director of Ata Plus.
Monday, 06 August 2018 09:53
New incubator for the F&B industry
GALEEVEURS Group recently launched Malaysia’s first integrated F&B incubator ecosystem to help groom and build the next generation of F&B operators.
“By positioning ourselves as the first integrated F&B incubator ecosystem, we hope that F&B legacies will be sustained using this ecosystem,” said Datuk Henry Lee, founder and chief executive officer of Galeeveurs Group.
Monday, 30 July 2018 11:09
Furthering digital economy through education
ALIBABA Business School has announced the establishment of the Global E-Commerce Talent (GET) Network, in collaboration with universities and training institutions from Malaysia and around the world....
Monday, 30 July 2018 10:58
How Grab's M'sian CEO steered it out of a garage in KL into a US$10 billion company
SINGAPORE: Anthony Tan knew it was not going to be your usual business meeting when the taxi fleet boss he had arranged to meet in the Philippines entered the restaurant surrounded by burly bodyguards.
“I remember thinking, Manila is hot, why is everyone wearing a jacket and sunglasses at night? What is going on?” said Tan, co-founder and chief executive officer of Singapore-based Grab, Southeast Asia’s most valuable tech start-up....
Monday, 30 July 2018 10:54
Digital is the way to grow
USERS spend an average of 14 hours on their smartphone daily, which provides a great opportunity for businesses to reach out to their customers via their mobile devices.
Digi Business Division chief business officer Eugene Teh Yee said small and medium enterprises (SME) need to go digital if they want to grow.
Friday, 27 July 2018 10:52
Sumbangan sektor francais diunjur RM35b
Kerajaan mengunjurkan sumbangan sektor francais kepada Keluaran Dalam Negara Kasar (KDNK) meningkat RM35 bilion pada 2020 berbanding RM27.7 bilion ketika ini...
Friday, 27 July 2018 08:25
Over RM200 mln in grants, soft loans channelled to SMEs in Perak
IPOH, July 26 (Bernama) -- Grants and soft loans totalling RM218.34 million had been channelled to the Small and Medium Enterprises (SMEs) in Perak since January until June 30 this year. Religious and Islamic Education, Rural and Entrepreneur Development Committee Chairman Asmuni Awi said among the grants and soft loans provided were Business Accelerator Programme which amounted to RM18 million and Shariah-compliant SME Financing Scheme totalling RM28.23 million.
Friday, 27 July 2018 08:23
140 SME entrepreneurs have become Tesco suppliers
SHAH ALAM, July 26 (Bernama) -- About 140 small and medium enterprises (SMEs) had succeeded in supplying their products to Tesco hypermarkets nationwide up to the first quarter of this year. Domestic Trade and Consumer Affairs Minister Datuk Saifuddin Nasution Ismail said of the total, 106 were Bumiputera suppliers.
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Wednesday, 25 July 2018 09:13
Govt looks at digital initiatives to move forward
KUALA LUMPUR, July 24 (Bernama) --The new Pakatan Harapan-led government is looking at the digital initiatives mooted by the previous Barisan Nasional government to move the industry forward. "I can't say what the (the initiatives) are, be it some aid or incentives, but yes, we are looking into that because this is the way to move (the digital industry) forward," said Deputy Finance Minister Datuk Amiruddin Hamzah.
Tuesday, 24 July 2018 10:45
Malaysia's FDI records slightly lower net inflow of RM41 bln in 2017
KUALA LUMPUR, July 24 (Bernama) --Malaysia's foreign direct investment (FDI) recorded net inflows of RM41 billion in 2017, slightly lower than the RM47 billion secured the previous year, said the Department of Statistics Malaysia. Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said the FDI inflow last year was mainly channelled to the services sector (48.2 per cent), particularly to the real estate, financial and insurance/takaful and information and communication activities.
Tuesday, 24 July 2018 10:07
Govt hopes to table SST bill next week
KUALA LUMPUR: Minister in the Prime Minister’s Department Datuk Liew Vui Keong said the government hopes to table the new Sales and Services Tax (SST) bill in parliament next week. “Keep your fingers crossed; hopefully, [the bill will be tabled] by next week. It is in the pipeline,” Liew told reporters at the parliament lobby yesterday. We will prepare the memorandum and submit it to the cabinet for approval [first]. I don’t think we will meet any resistance [in the cabinet],” he added.
Tuesday, 24 July 2018 10:06
SME contribution to GDP to be strengthened
KUALA LUMPUR, July 23 (Bernama) -- The Ministry of Entrepreneur Development aims to strengthen the economic contribution of small and medium enterprises (SMEs), which currently stood at 36 per cent of the country's Gross Domestic Product and fine-tuning the existing blueprint for the SME community. Its Minister, Mohd Redzuan Md Yusof, said the ministry would focus on bringing sustainability to SMEs to ensure the community is not left behind in global markets.
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