Monday, February 17, 2020
Economic Action Council to give focus on several aspects this year The Economic Action Council (EAC) aims to boost investment and strengthen productivity and innovation to spur economic growth. A statement from the EAC secretariat said the Council would also address unemployment through improving the quality of graduate with upskilling...
Maszlee Malik resigns as Education Minister Over RM170,000 fines imposed on smokers and eatery owners Proton sales up 55.7 per cent in 2019 Singapore economy grew 0.7per cent in 2019 China’s central bank frees up US$115 billion to support growth China suspends Shanghai-London stock plan Maszlee Malik resigns as...
Free ad space worth RM1m for SMEs under SME Corp Adwork is offering RM1 million worth of free advertising space to local small and medium enterprises (SMEs) registered with SME Corp Malaysia. Adwork CEO Kumaresh Visvanathan said, “Until now, mainstream advertising has been a ‘privilege’ to large-scale organisations with huge marketing...
Visit Malaysia 2020, which will be launched on 1 January 2020, aims to welcome 30 million foreign tourists and earnings of RM100 bilion to the tourism industry. Tourism Malaysia director-general Datuk Musa Yusof said tourists from Singapore, Indonesia, Thailand, Brunei and China are expected, along with visitors from Europe and...
The increase in the number of establishments operating in the wholesale and retail trade sector, coupled with the higher internet usage among them, shows that Malaysia is moving towards a developed nation status, according to the Department of Statistics Malaysia. Citing the Preliminary Report Wholesale and Retail Trade Census 2019...
Malaysia is expected to reach up to 4.8 per cent economic growth next year due to a variety of factors including strong macroeconomic fundamentals, low and stable inflation, and a healthy current account surplus of the balance of payments, said Economic Affairs Minister Datuk Seri Azmin Ali. He said...
Economic Affairs Minister, Datuk Seri Mohamed Azmin Ali said the government will boost economic activities at selected locations based on the strength and uniqueness of each area. This, he said, is to ensure that the country’s economic development is not “geographically centred”. Explaining further, he said the government has...
CIMB Group Holdings Bhd targets to record at least 20,000 merchant downloads by next year for CIMB Tap n Pay, a payment solution that processes debit card transactions using an Android mobile device as a payment acceptance terminal.In a statement yesterday, it said CIMB Bank Bhd and CIMB Islamic...
More Malaysians Use Lazada Wallet to Shop from Online-to-Offline in Record-Breaking 12.12 Lazada Malaysia continues to smash records with its 12.12 Grand Year End Sale by registering the highest adoption of Lazada Wallet, as 1 in 2 Malaysians picked the digital wallet as their preferred payment solution on Lazada during...
Visa Malaysia confident of double-digit growth Visa Malaysia is confident about posting double-digit growth in contactless transactions in 2020 as Malaysians are embracing contactless payments as a faster, more convenient and secure payment method. Visa country manager for Malaysia Ng Kong Boon said that Malaysia is one of the fastest...
A business survey showed that large firms in Malaysia are upbeat about business sentiment — measuring business environment, company prospect and growth, as well as future revenue — but the same cannot be said for small and medium enterprises (SMEs). The annual Malaysian Business Sentiment Survey 2019/2020 conducted jointly by...
About 74 per cent of business leaders in Malaysia are “cautiously proactive” of their company’s prospects next year. This is despite external concerns such as the United States-China trade war, Brexit and rapid diffusion of new technologies, according to a survey by Monash Malaysia R&D Sdn Bhd (MMR&D). MMR&D chief...

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