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Malaysians’ interest in 11.11 Singles’ Day sales is skyrocketing – here are the types of promotions on every top online shopping site

Singles’ Day promotions on online shopping sites are all the rage here in Malaysia, according to search trends seen on Google’s search engine. In a new analysis, Malaysian-based online shopping aggregator iPrice said it detected an exponential growth of interest in the Singles’ Day sales period. By analysing Malaysians’ search trends on Google, it detected that interest […]

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Singapore-based fintech expands to Malaysia

THE entry of Singapore-based private investment platform Fundnel into Malaysia will provide small businesses with more options to raise capital for growth. Fundnel was recently appointed by the Securities Commission (SC) Malaysia as the seventh Equity Crowdfunding (ECF) platform. Fundnel will provide a comprehensive suite of capital raising services targeted at local unlisted growth companies […]

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Malaysia: Increase in gaming taxes credit negative for Genting, says Moody’s

PETALING JAYA: The hike in taxes, fees and levies on the gaming industry, particularly the increase in casino duties of up to 35%, is credit negative for Genting Bhd , said Moody’s Investors Service. The increase in duties, which was announced in Budget 2019, would erode Genting’s earnings contribution from its Malaysian leisure and hospitality segment, consequently weakening the group’s leverage, it […]

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Cambodia: Malaysian firm seeks to turn untapped bamboo market into money-making business

Eyeing to develop and commercialise the largely unexplored bamboo market, Malaysia-based Global Innovation & Entrepreneurship Foundation (GIEF) yesterday signed a memorandum of understanding on cooperation with the Cambodian Ministry of Agriculture. Agriculture Minister Veng Sakhon said the agreement represents an achievement by the ministry in attracting foreign investment in the agriculture sector. “Bamboo has the […]

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