Mara set up RM50 Million Fund for Women Entrepreneurship Development
Mara has allocated RM50 million for its Dana Nita programme, specially for women nationwide who want to venture into entrepreneurship or business this year. Deputy Director-General (Entrepreneurship), Zulfikri Osman said under the programme, the maximum financial assistance given to each qualified applicant was RM50,000. He said some RM5 million out of the total allocation would be used to implement courses and training for the applicants before they were qualified to submit their applications.
Malaysian Palm Oil Mission To EU
Malaysia has initiated a special palm oil mission to the European Parliament in Strasbourg, France. The mission, who took off this week seeks to discuss the European Union’s (EU) resolution on palm oil and deforestation. It is led by Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong. The bilateral meetings focused on the European Commission’s proposed follow-up actions arising from the adoption of the European Parliament Resolution on Palm.
Alibaba urges brands to ‘digitise’ their entire business as part of new retail push
Alibaba Group, the world’s largest e-commerce platform operator, has called on brand operators to work cooperatively by creating a fully digitised omni-channel model to drive the retail business to the next phase. The so-called “New Retail” concept will adopt advanced cloud computing technologies including big data and artificial intelligence (AI) to study the data generated from various aspects of the brands, which will greatly improve