Malaysia SME

KUALA LUMPUR: Bursa Malaysia Bhd, TNG Digital Sdn Bhd (TNG Digital), and Affin Hwang Investment Bank Bhd have launched e-Trade, the first equities market trading feature, within the TNG eWallet. In a joint statement, they announced that as part of GOfinance, the investment hub within TNG eWallet, this feature… Source link

KUALA LUMPUR: Malaysia’s low-wage structure is a significant factor behind the Employees Provident Fund’s (EPF) inadequate savings. EPF chairman Tan Sri Mohd Zuki Ali said irregular contributions, particularly among those in informal or gig economy roles have exacerbated the situation. “The growing shift… Source link

KUALA LUMPUR: CIMB Bank Bhd and CIMB Islamic Bank Bhd (CIMB Bank) have partnered with Credit Guarantee Corporation Malaysia Bhd (CGC) to offer an additional RM1.5 billion in financing through a portfolio guarantee scheme for small and medium-sized enterprises (SMEs). CIMB co-chief executive officer of group… Source link

Google said on Tuesday its investments in Malaysia would create 26,500 jobs and contribute more than $3 billion to its economy by 2030, as it announced its new data centre and Cloud region there had broken ground. The start of construction of the new $2 billion data centre in Malaysia follows Monday’s announcement of its multi-year partnership with local tech firm Dagang NeXchange Berhad to… Source link

KUALA LUMPUR, Malaysia, Oct. 1, 2024 /PRNewswire/ — Ricoh Asia Pacific today announced the official opening of Ricoh Business Services Asia Pacific (RBS) in Malaysia, marking a significant milestone in the company’s transformation journey and commitment to operational excellence across the Asia-Pacific region. The new RBS entity will serve as a central hub for Ricoh’s… Source link

Mohd Khaidzir Shahari, President of the Internal Auditors Malaysia with Lim Hui Ying, Deputy Minister of Finance II with participants As confidence in Malaysia’s economy strengthens, businesses that commit to global governance standards and world-class risk management practices will enhance the country’s competitiveness. Malaysia, currently ranked fifth among 12… Source link

Photo by Ricardo Gomez Angel A study by Kearney finds that despite widespread commitment to achieving net zero by 2030, less than one-third of businesses across the region have decarbonization plans that are acutely aligned with the Paris Agreement, indicating a slower pace of progress towards global net zero targets. The study, titled “Regenerate: an Asia Pacific… Source link

Tenth anniversary of the KPMG CEO Outlook shows that despite CEO confidence in the growth prospects of the economy declining since 2015, 72 percent of CEOs remain confident. Ninety-two percent of CEOs are looking to increase the overall headcount of their workforce – the highest since 2020. AI remains the top investment priority for most CEOs (64 percent), with a… Source link

KUALA LUMPUR, Malaysia, Sept. 30, 2024 /PRNewswire/ — Hong Leong Bank (“HLB” or the “Bank”) has received 4 industry awards this year, reinforcing its position as a leading financial institution in Malaysia. These accolades span SME banking, innovative financial products and even financial inclusion initiatives, reflecting the Bank’s dedication to providing an end-to-end banking experience… Source link

KUALA LUMPUR, Malaysia, Sept. 30, 2024 /PRNewswire/ — Hong Leong Bank (“HLB” or the “Bank”) has received 4 industry awards this year, reinforcing its position as a leading financial institution in Malaysia. These accolades span SME banking, innovative financial products and even financial inclusion initiatives, reflecting the Bank’s dedication to providing an end-to-end banking experience… Source link