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News (673)

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....

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....

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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.

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Kerajaan mengunjurkan sumbangan sektor francais kepada Keluaran Dalam Negara Kasar (KDNK) me­ningkat RM35 bilion pada 2020 berbanding RM27.7 bilion ketika ini...


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.

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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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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.

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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.

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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.

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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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