Sunday, March 29, 2020
Malaysia’s stimulus package gets mixed reviews Economists are divided over the efficacy of the 2020 Economic Stimulus Package launched Thursday in response to the Covid-19. Interim prime minister Tun Dr Mahathir Mohamad said the package was meant to soften the blow that the outbreak has had on the Malaysian economy...
In the early 2010s, e-hailing took Malaysia by storm. Many believe it was a fad at the time that would come and go just as fast. However, the government’s decision to legalise the revolutionary system several years ago was certainly a real game changer. Fast forward to 2020, the e-hailing...
Despite turbulence in the global economy, the insurance industry remains resilient by continuing to generate growth around the world and maintaining overall profitability. According to the Life Insurance Association of Malaysia (LIAM), force premiums in Malaysia are experiencing growth. With this positive outlook on premiums, economists suggest that Malaysia will...
Fitch Solutions Group (FSG) said Malaysia’s long-term economic prospects is likely to be dimmed as a result of political uncertainty and increasing polarisation. The Fitch Ratings Inc affiliate said in a report today that the political instability in Malaysia is shaping up to be a longer-lasting phenomenon than just...
Fortifying the core of banking and capital markets for the next wave of disruption As we ring in the new decade, we are accompanied by a new wave of disruption more forceful and more pervasive than we have ever experienced. Malaysia has 26 commercial banks, 16 Islamic banks, one international...
The Federation of Malaysian Manufacturers (FMM) has called on the government to expedite the launch of its planned economic stimulus package, to minimise the impact of the COVID-19 outbreak on Malaysia’s growth. FMM president Tan Sri Soh Thian Lai said in a statement, urged the government to bring forward its...

Money in bioplastics for SME

Local small and medium enterprises (SMEs) can spur Malaysia’s potential as a global bioplastics hub, according to Malaysian Bioeconomy Development Corporation Sdn Bhd. Its chief executive officer, Dr Mohd Shuhaizam Mohd Zain said the country has the policies, technologies, knowledge, infrastructure, and feedstock required to create a dynamic and...
Prime Minister Tun Dr Mahathir Mohamad will announce an economic stimulus package on 27 February to mitigate the adverse external economic impacts of the COVID-19 outbreak on Malaysia. Finance Minister, Lim Guan Eng said in a media release today that the economic stimulus package is neither a new budget...
PropertyGuru Malaysia has taken a neutral outlook for property prospects in 2020, with glimmers of opportunity amid a trying market. There’ve been targeted measures introduced in Budget 2020 to address specific issues in Malaysia's property landscape, along with scattered feel-good factors for the market, such as a positive interest...
More than a hundred local and regional tech entrepreneurs and digital ecosystem partners gathered at the recently held Global Growth Acceleration (GGA) Kick-off 2020 to learn how MDEC’s newly minted GGA division can assist to fuel high-potential Malaysian headquartered tech companies to skyrocket on the global stage. The new division...
KUALA LUMPUR, 6 February 2020 - Enterprise Asia, the leading regional association of entrepreneurs, is set to establish the Enterprise Asia Center for Entrepreneurship at HELP University here. The Enterprise Asia Center for Entrepreneurship will serve to accelerate the growth of entrepreneurs in Malaysia and across Asia through evidence-based industry...
The economic impact of the novel coronavirus (2019-nCoV) is expected to be temporary based on the previous experience with the severe acute respiratory syndrome (SARS), according to MIDF Research. The research house, which is maintaining its 2020 gross domestic product (GDP) growth forecast for Malaysia at 4.5 per cent, said...

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