Malaysia SME

Boost Bank to offer SME loans in October

KUALA LUMPUR (Aug 28): Axiata Group Bhd (KL:AXIATA) said on Wednesday that its digital banking arm Boost Bank is poised to offer small and medium enterprise (SME) loans in October after its micro-financing arm Boost Credit completes its loan book transfers to Boost Bank by September. At a virtual press conference, Axiata’s chief executive officer cum managing director Vivek Sood said the loan… Source link

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Accor Strengthens Asian Portfolio with Grand Mercure and ibis Styles Launch in Malaysia

Accor , the global leader in hospitality, has further strengthened its collaboration with the Worldwide Hotels Group by signing an agreement to introduce two new properties in Malaysia. The property, following renovation and rebranding, will mark the debut of the Grand Mercure brand in Malaysia as well as the stylish addition of ibis Styles to the vibrant Kuala… Source link

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Huawei Accelerates Digital Transformation Throughout Malaysia’s Automotive Value Chain, Business News

KUALA LUMPUR, Malaysia, Aug. 28, 2024 /PRNewswire/ — Malaysia’s accelerated efforts to integrate advanced digital technologies such as cloud computing and intelligent connected vehicles into the electric vehicle (EV) and smart manufacturing sectors took centre-stage at the Huawei Malaysia Automotive Industrial Executive Symposium, hosted by Huawei… Source link

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SingPost uses technology in shift to logistics

It is banking on e-commerce to drive its logistics unit, which accounts for 69% of revenue. Singapore Post Ltd (SingPost) is shifting its focus to e-commerce and logistics as demand for traditional mail continues to decline. Domestic letter volumes fell to 260 million in 2022 amid a global coronavirus pandemic, from about 490 million letters in 2015, Li Yu, CEO for SingPost’s… Source link

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OECD moots gradual return of GST for Malaysia to strengthen its revenue source, Rafizi says many baskets better

PUTRAJAYA, Aug 27 — Malaysia should seriously consider bringing back the goods and services tax (GST) to increase its revenue, the Organisation for Economic Co-operation and Development (OECD) said in its report on Malaysia released today. The OECD Survey of Malaysia 2024 noted that the country’s current tax system contributes only 12 per cent to the economy and suggested that the… Source link

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Mandrill Tech is Pioneering the Future of Sustainable Business

Davent Low, Chief Executive Officer of Mandrill Tech Sdn Bhd. The Mandrill Tech team. I believe that everyone, regardless of their background, should have the opportunity to harness the power of technology.” — Davent Low, Chief Executive Officer of Mandrill Tech Sdn Bhd. KUALA LUMPUR, WILAYAH PERSEKUTUAN, MALAYSIA,… Source link

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Economy Ministry to address Malaysia’s economy in an ageing population though White Paper

PUTRAJAYA, Aug 27 — The Ministry of Economy will be presenting a White Paper in Parliament on Malaysia’s fiscal policies as its population ages. Its minister Rafizi Ramli said the government is already in talks to present a comprehensive paper aimed at strengthening its economic stance and improving the quality of life for Malaysians, including pensioners. “The ministry has completed a… Source link

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Malaysia committed to comply with task force’s standards in fighting money laundering, terrorism financing — minister

KUALA LUMPUR (Aug 27): Malaysia is committed to complying with international standards set by the Financial Action Task Force (FATF), emphasising the importance of beneficial ownership transparency as a key foundation in the fight against money laundering and terrorism financing. Minister of Domestic Trade and Cost of Living Datuk Armizan Mohd Ali said that recent amendments to the… Source link

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