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KUALA LUMPUR, Aug 6 (Bernama) -- The government will review the possibility of strengthening localisation requirements imposed on foreign investors to create a more resilient ecosystem in Malaysia, enabling local companies to benefit from spillover effects.
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KUALA LUMPUR, Aug 4 (Bernama) -- The Ministry of Entrepreneur Development and Cooperatives (KUSKOP) is targeting to increase the number of medium-sized firms to five per cent of the country’s total micro, small and medium enterprises (MSMEs) by 2030 from 1.6 per cent currently.
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By Abdul Hamid A Rahman
KUALA LUMPUR, Aug 4 (Bernama) -- The contribution of micro, small and medium enterprises (MSMEs) to the country's gross domestic product (GDP) is targeted to reach RM1 trillion by 2030, provided efforts to empower the sector are doubled under the 13th Malaysia Plan (13MP).
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KUALA LUMPUR, Aug 4 (Bernama) -- The acquisition of Boeing aircraft by Malaysia Aviation Group (MAG) is part of a long-term, phased plan to renew and expand the fleet’s capacity, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.
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KUALA LUMPUR, Aug 1 (Bernama) -- The reduction of the US tariff to 19 per cent imposed on Malaysian imports, although not as deep as expected, still provides relief from rising cost pressures faced by small and medium enterprises (SMEs), particularly those in manufacturing, furniture, textiles, and food exports.
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KOTA KINABALU, Aug 1 (Bernama) -- Malaysia Airports Holdings Bhd has launched a nationwide Connect and Collaborate Vendor Roadshow beginning this week in Kota Kinabalu to cultivate a stronger and more competitive vendor ecosystem across the country.
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KUALA LUMPUR, Aug 1 (Bernama) -- Capsphere, Malaysia’s first asset-based peer-to-peer (P2P) financing platform, has entered into a strategic collaboration with CGC Digital, the fintech subsidiary of Credit Guarantee Corporation Malaysia Bhd (CGC), to introduce new financing products for small and medium enterprises (SMEs).
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KUALA LUMPUR, Aug 1 (Bernama) -- Credit Guarantee Corporation Malaysia Bhd (CGC) marked a major milestone with the 30th edition of the CGC Awards, celebrating three decades of dedication to the growth of Malaysia’s micro, small and medium enterprises (MSMEs) and the broader financial ecosystem.
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KUALA LUMPUR, July 31 (Bernama) -- As Malaysia charts its path forward under the 13th Malaysia Plan (13MP), the financial sector must play a transformative role in enabling small and medium enterprises (SMEs) to participate meaningfully in strategic growth sectors, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.
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KUALA LUMPUR, July 29 (Bernama) -- Malaysia must strive to nurture more technology (tech)-driven companies that can grow into ASEAN-based multinational corporations (MNCs) and eventually establish a global footprint, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.
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KUALA LUMPUR, July 23 (Bernama) -- Wasco Bhd is taking early steps to support small and medium-sized enterprises (SMEs) in its supply chain as Malaysia prepares for mandatory environmental, social and governance (ESG) disclosures under the National Sustainability Reporting Framework (NSRF).
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KUALA LUMPUR, July 18 (Bernama) -- CIMB Bank Bhd has signed a collaboration agreement with Pharmaniaga Logistics Sdn Bhd, a wholly owned unit of Pharmaniaga Bhd (Pharmaniaga), to enhance supply chain financing and ease payment flexibility for small and medium enterprises (SMEs) in the healthcare sector.