According to MITI’S Q1 2024 update, RM144.7bn worth of digital investments were approved in the period, covering investments in data centres. The Ministry of Investment, Trade and Industry (MITI) of Malaysia has just released its Q1 2024 report card.  According to an Instagram post by Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz, the report is broken down… Source link

The 2024 Budget has targeted that the system be implemented before the end of 2024. Malaysia’s National Economic Action Council (MTEN) has examined two presentation papers — namely Empowerment of small and medium enterprises (SMEs) in Malaysia and Implementation of the Multi-level Levy Mechanism (MTLM) for Foreign Workers. In an effort to increase the scale and competitiveness of SMEs, the… Source link

閱讀中文版本 SME employees desire a 5.6% salary increase in 2024; meanwhile, job stability, employee benefits, and supportive colleagues, are also crucial drivers of retention. Offering a pay rise is one way to retain talent for many companies. However, a latest survey revealed that SME employees in Hong Kong weigh both monetary and non-monetary incentives. According to Prudential’s… Source link

PETALING JAYA: People with full-time jobs at small and medium enterprises (SMEs) were considerably more susceptible to mental stress than those who were unemployed during the Covid-19 pandemic, a new study shows. On average, they were up to 29 times more likely to suffer from anxiety than those who did not have a job, Nithya Sukilan, lead author of the “Impact of Covid-19 on the Mental… Source link

PETALING JAYA: One of the factors that investors look out for when it comes to banking stocks is the net interest margins (NIMs). For CIMB Group Holdings Bhd, its management has guided that NIMs are improving quarter-on-quarter (q-o-q), led by Malaysia and Indonesia on the back of lower deposit cost and loan… Source link

KUALA LUMPUR: Malaysia is set to draw more foreign inflows as Asia’s largest intergenerational wealth transfer is on the cards, said Securities Commission Malaysia (SC) chairman Datuk Seri Awang Adek Hussin. He said that according to HSBC Bank, Asia’s wealthy baby boomers are expected to pass on about US$1.9… Source link

SINGAPORE – Heartland businesses here, as with other Singapore-based companies, can benefit from increased economic connectivity and comparative advantages when the Johor-Singapore Special Economic Zone (SEZ) comes into force. Minister of State for Trade and Industry Alvin Tan said this in Parliament on May 8 in response to a question by Kebun Baru MP Henry Kwek on how local small and… Source link

SINGAPORE – Heartland businesses here, as with other Singapore-based companies, can benefit from increased economic connectivity and comparative advantages when the Johor-Singapore Special Economic Zone (SEZ) comes into force. Minister of State for Trade and Industry Alvin Tan said this in Parliament on May 8 in response to a question by Kebun Baru MP Henry Kwek on how local small and… Source link

The Monetary Policy Committee of the Bank Negara Malaysia (BNM) will meet on 8 – 9 May to decide on monetary policy. Octa’s experts expect the interest rate to remain at 3.00%. Read for more details. Bank Negara Malaysia will likely keep the overnight policy interest rate stable at 3.00% at the next monetary policy meeting on 8 – 9 May. Investors’ expectations for the tight U.S. monetary… Source link

Consider setting up branch offices with vibrant workspaces instead, employers say PETALING JAYA: The demand for flexible work arrangements is growing among Malaysians. While employers say they are keen to allow this, they are worried that rushing to implement such arrangements will cause more harm than good for both sides. This is according to a recent survey of 517 working adults by talent… Source link