The Bumiputera Economic Council will monitor the progress and implementation of all initiatives approved by the government resulting from the Bumiputera Economic Congress (KEB) 2024, said Datuk Seri Anwar Ibrahim. The Prime Minister stated that the monitoring would focus on the bodies responsible for implementing all initiatives announced through ministries,...
In the fourth quarter of 2023 (4Q23), Malaysia's economy is projected to experience a slight growth of 3.4%, a marginal improvement from the preceding quarter's 3.3%, according to the statistics department. Chief Statistician Uzir Mahidin emphasized the services sector's pivotal role as the primary contributor to economic performance during this...
KPMG in Singapore (KPMG) and the Singapore Business Federation (SBF) have announced their collaborative efforts in crafting the Budget 2024 Proposal that aims to fortify Singapore's enduring prosperity amidst the escalating global uncertainties. Singapore's 2024 Strategic Focus In the year 2024, Singapore is poised to solidify its regional dominance in innovation...
The curtain fell on the global IPO market for 2023, bringing forth a dynamic landscape marked by contrasts and challenges. EY's comprehensive report, "Global IPO Trends 2023," provides a detailed examination of the year, shedding light on the intricate tapestry of performances across regions and sectors. In a year that...
The Embassy of the Kingdom of Bahrain in Kuala Lumpur, has intensified its efforts to showcase lucrative investment opportunities in Bahrain to Malaysian investors, as part of its ongoing commitment to deepening bilateral trade and investment ties. Bahrain's strategic position at the heart of the Gulf region makes it an...
The Circulate Initiative has unveiled the latest edition of the Plastics Circularity Investment Tracker, a pioneering tool that monitors private investments in the plastics circular economy on a global scale. The research findings highlight a striking trend: almost 90% of investments made since 2018 have been directed toward North America...
Singapore small business owners are dipping into their personal savings, increasing their prices, and not paying themselves to mitigate rising costs and make a profit, according to a new report from global small business platform Xero. The report titled “Money matters: navigating the impact of economic conditions on the cash...
By Collins Chong Yew Keat The visit of newly elected Thai Prime Minister Srettha Thavisin to Malaysia comes at a vital opportune need for Thailand to ensure long-term economic and geostrategic returns. Chief among the objectives will be to strengthen traditional domains of greater economic and trade returns, for both...
In the aftermath of Budget 2024, Malaysia's SMEs stand at a critical juncture, grappling with unexpected challenges and the tantalising prospect of new opportunities. Datuk William Ng, the national president of the Small and Medium Enterprises Association of Malaysia (SAMENTA), articulates the collective sentiment of SME stakeholders who find themselves...
Prime minister Datuk Seri Anwar Ibrahim presented the highly anticipated Malaysia Madani 2024 Budget today, outlining a comprehensive strategy aimed at economic revitalization, fiscal prudence, and enhanced social welfare measures. Capital Gains Tax and Tax Reforms One of the key highlights of Budget 2024 is the introduction of a 10% capital...
As Malaysia stands on the threshold of Budget 2024, it faces a critical juncture demanding strategic fiscal policies to propel economic growth and ensure long-term development. The proposals voiced by Datuk William Ng, national president of the Small and Medium Enterprises Association of Malaysia (SAMENTA), and insights shared by Wilson...
SMEs continue to face low business margins and cash flow limitations despite a general recovery in business. As a result, 29 percent of SMEs who took part in a survey organised by the Small and Medium Enterprises Association (SAMENTA) indicated they have less than two months of cash reserves, despite reporting...

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