KUALA LUMPUR: Malaysia dropped one notch to No.24 in the World Bank’s annual ease of doing business rankings. The report, which is a survey among 190 countries, takes into account the processes that an entrepreneur has to go through to start and operate a business in the country. Malaysia fell a notch lower […]
Read MoreKUALA LUMPUR: CIMB Research expects that the priority projects under Budget 2018 will benefit four major sector drivers, which are public transport, roads, public housing and water infrastructure. The research house said on Monday that 73% of the RM210bil value of projects were focused on rail, including the High Speed Rail (HSR) and the East […]
Read MorePETALING JAYA: MoneyMatch Sdn Bhd, a homegrown company approved by Bank Negara, has launched its “Transfer” portal, a fully digital cross border remittance service offering exchange rates and fees far cheaper than incumbent banks. The Transfer portal allows users to conduct their entire transactions online via the MoneyMatch mobile app and the web platform. It […]
Read MoreStrengthening SMEs • Skim Jaminan Pembiayaan Perniagaan for working capital and services sector (RM7bil) • Government Guarantee loans under SJPP to enable SMEs to automate production (RM1bil) • Syariah-compliant SME Financing Scheme with subsidy rate of 2% (RM1bil) • Soft loans, grants and training programmes for SME under SME Corp (RM200mil) • Development of halal […]
Read MoreTHE Federal Government’s financial position is expected to improve mainly due to higher revenue collection from higher income taxes and Goods and Services Tax (GST), and modest expenditure growth. The move will enable the government to reduce the fiscal deficit to 2.8% of GDP or RM39.8bil from 3% at RM39.9bil. The Federal Government debt as […]
Read MoreMALAYSIA’S external position is expected to remain resilient in 2018 due to the strong global economic and trade performance, underpinned by stronger export growth though the deficit in the services account is expected to widen. Strong demand for electrical and electronic (E&E) products and commodities are expected to push gross exports higher by 3.4% to […]
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Thailand
