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PARIS: Global economic growth has peaked out in the face of rising trade frictions and emerging market turbulence, the OECD said, trimming its earlier outlook. The world economy is on course for growth this year of 3.7% this and next year, up from 3.6% last year, said the Organisation for Economic Co-operation & Development (OECD). In its last economic outlook in May, the Paris-based policy forum had forecast growth of 3.8% this year and 3.9% in 2019, but it said in an update yesterday that growth had peaked since those last projections were made.

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Friday, 21 September 2018 08:55

Budget 2019 will be difficult, says Guan Eng

KUALA LUMPUR, Sept 20 (Bernama) -- The 2019 Budget will be a difficult one for the federal government, said Finance Minister Lim Guan Eng. The budget, he first under the Pakatan Harapan government, is scheduled for tabling in Parliament on Nov 2.

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KUALA LUMPUR, Sept 17 (Bernama) -- Despite uncertainty in global developments, Malaysia's economy is fundamentally strong and resilient, says Finance Minister Lim Guan Eng. He said with this, coupled with good governance and fiscal responsibility, the only way to go for the country is up.

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KUALA LUMPUR, Sept 6 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) will hold the Trade Fest 2018 at MATRADE Tower here from Sept 21 to 23 in the quest to inculcate the culture of “going global” among Malaysian businesses.

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KUALA LUMPUR, Sept 4 (Bernama) -- The Malaysia External Trade Development (MATRADE) hopes to see a 30 per cent increase in women exporters through its three-year Women Exporters Development Programme (WEDP). Deputy Chief Executive Officer II, Exporters Development Sharimahton Mat Salleh said WEDP provided women with business coaching, skills enhancement training, international business exposure, market immersions, networking and mentoring sessions, as well as leadership and entrepreneurial development.

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KUALA LUMPUR, Sept 5 (Bernama) –  Cradle Fund Sdn Bhd (Cradle) expects its Cradle Investment Programme (CIP) to reach a gross domestic product (GDP) of RM30.8 billion by 2030. Cradle acting group chief executive officer Razif Abdul Aziz said CIP has contributed RM3.4 billion to the country's GDP to date, created 80,600 full-time jobs, and attracted RM1.3 billion in private and foreign funds over eight years from 2008.

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KUALA LUMPUR: Tun Dr Mahathir Mohamad berkata, pelbagai kajian perlu dilakukan ke atas lebih banyak tanaman yang mampu memberi manfaat kepada negara selain kelapa sawit dan getah.


Perdana Menteri berkata, kajian terbabit penting supaya lebih banyak produk dapat dihasilkan daripada sumber tanaman yang terdapat di negara ini.


"Getah dan kelapa sawit bukan berasal dari Malaysia. Getah dibawa dari Brazil manakala kelapa sawit dan Afrika Barat namun bagaimana tanaman ini dimanfaatkan memberi pulangan yang amat baik kepada negara.

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Monday, 03 September 2018 15:32

SME Bank appoints Aria Putera Ismail as CEO

KUALA LUMPUR, Sept 3 (Bernama) – Aria Putera Ismail has been appointed Chief Executive Officer of Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) effective today.

Aria, who was Maybank Syariah Indonesia (MSI) President Director and Chief Executive Officer prior to this, had more than 18 years of experience in the banking and investment industry, the bank said in a statement.

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Monday, 03 September 2018 11:47

IGEM2018 targets RM2.5 bln in business leads

KUALA LUMPUR, Sept 3 (Bernama) – The International Greentech and Eco Products Exhibition and Conference Malaysia (IGEM 2018) is targeting RM2.5 billion in business leads via the participation of more than 250 exhibitors and 30,000 visitors from over 35 countries.

To be held from Oct 17- 20, IGEM 2018 will focus on sustainable cities, highlighting innovations in five key sectors of green technology – renewable energy, energy efficiency, waste technology, management and green manufacturing.


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KUALA LUMPUR, Sept 2 (Bernama) -- The Ministry of Entrepreneur Development (MED) will create a one-stop centre, which will, among others, store data and information on entrepreneurs, gather feedback, provide advisory service and coordinate complaints on entrepreneurial matters in a move to further empower the development of Bumiputera entrepreneurs and small and medium enterprises (SMEs).

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