PETALING JAYA: Budget 2024 must entail approaches to alleviate cost of living pressures, initiatives to help small and medium enterprises (SMES) towards a self-sustaining path, and economy-boosting measures capable of inspiring investors’ confidence, say business groups. The upcoming federal budget must also… Source link

PENANG, 5 September – As part of the MADANI Economy mission to internationalise Small and Medium Enterprises (SMEs) and eradicate poverty, Talent Corporation Malaysia Berhad (TalentCorp) today organised an Industry-Academia Collaboration (IAC) workshop as a platform to discuss the talent needs of SMEs with the aim to drive solutions. Themed “Sustainable Talent Pipeline in the SME Sector… Source link

PM Launches Malaysia’s New Industrial Master Plan The government has recently announced the launch of the New Industrial Master Plan 2030 (NIMP 2030). Said plan was launched by the Prime Minister Dato’ Seri Anwar Ibrahim, at the Ministry of Investment, Trade & Industry (MITI). The NIMP 2030 marks the fourth edition of the industrial master plan (IMP) and is noted for having a remarkably… Source link

Banks and other financial service providers find themselves at a pivotal juncture in the burgeoning low-value cross-border payments market, currently valued at US$10 trillion. A recent survey by Swift, the international payments messaging firm, offers some crucial insights. The research was conducted in December 2022 and captured the opinions of 4,205 consumers as well as 2,720 small and… Source link

The Regional Comprehensive Economic Partnership (RCEP) is a multilateral free-trade agreement made up of 10 Asean member countries and China, Japan, South Korea, Australia and New Zealand. In force since January 2022, the agreement covers pertinent areas of economic cooperation among member states, including tariff elimination… Source link

THE intersection of the education system, the burgeoning gig economy and the brain drain may seriously challenge Malaysia’s future. With a massive brain drain already in place, as more and more students choose to join the gig economy instead of pursuing tertiary education, understanding the factors driving this… Source link

PETALING JAYA: SMEs lack sufficient cyber security awareness and acceptance in their businesses to deal with the growth of technology, said CyberSecurity Malaysia CEO Datuk Dr Amirudin Abdul Wahab. He added that steps have been taken to alleviate the burden on SMEs, but they need to invest in such measures themselves. “The acceptance and awareness (among SMEs) is still low. They believe… Source link

JOHOR BARU, Sept 1 — The government will need to take fast action to boost Forest City here as a special financial zone so that it will not lose out to neighbouring countries that are aiming for the “same slice of the pie”. SME Association of South Johor founding president Teh Kee Sin said Asean countries like Singapore, Indonesia and Thailand are actively looking for more foreign… Source link

Budget 2024 to focus on helping M40 group and SMEs – YouTube Source link

BUKIT MERTAJAM (Sept 1): Budget 2024, which will be tabled in October, will focus on empowering and strengthening the middle class and small and medium enterprises (SMEs), according to Deputy Finance Minister II Steven Sim Chee Keong. He said this is because the middle class group constituted the community that was the most affected during the pandemic. “Hence, one of the key focuses in Budget… Source link