HKMA to create task force to support struggling SMEs

The Hong Kong Monetary Authority (HKMA) is setting up a task force to lend support to small and medium-sized businesses (SMEs) facing challenges to repay loans. In a statement seen by MARKETING-INTERACTIVE, HKMA’s deputy chief executive Arthur Yuen said that it would form a team from among its staff to help SMEs in Hong Kong.  “The SMEs can contact the HKMA directly through our hotline… Source link

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TalentCorp and NSDC International sign Tech Advisory MoU to Build Digital Skilling … – AsiaOne

NEW DELHI, Aug. 22, 2024 /PRNewswire/ — Talent Corporation Malaysia Berhad (TalentCorp), an agency and think tank under Malaysia’s Ministry of Human Resources (KESUMA) has signed a Memorandum of Understanding (MoU) with NSDC International, a subsidiary of India’s National Skill Development Corporation (NSDC). This strategic collaboration aims to deliver robust digital skilling solutions to… Source link

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Govt committed to creating conducive environment for doing business in Malaysia

KUALA LUMPUR: The government is committed to simplifying regulations and reducing bureaucratic burdens to foster a conducive business environment, particularly for micro, small, and medium enterprises, said Deputy Finance Minister Lim Hui Ying. Lim emphasised the importance of creating a level playing field for businesses of all sizes. “We are committed to simplifying regulations and… Source link

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AWS Launches Asia Pacific (Malaysia) Region, Commits US$6.2 Billion Investment

Amazon Web Services (AWS) has officially launched its AWS Asia Pacific (Malaysia) Region, offering local businesses, startups, government agencies, educational institutions, and nonprofit organizations access to a broad range of AWS cloud services. This strategic move underscores AWS’s commitment to accelerating Malaysia’s digital transformation and economic… Source link

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Leaders worry over AI risks and missteps

Photo by Christopher Gower G-P (Globalization Partners) has released a revealing research report providing a comprehensive view of how and where AI will have the biggest impact on global business growth and employment: AI at Work: Unlocking Global Opportunities. The report found that business leaders around the globe are feeling the… Source link

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Malaysia’s approach to AI adoption a reference for other Apac countries: OpenMinds founder

KUALA LUMPUR: Malaysia’s proactive approach to developing a comprehensive artificial intelligence (AI) framework, driven by government policies and public-private collaborations, will set a strong example for the Asia Pacific (Apac) region in terms of AI adoption. Digital consulting startup OM Connect Sdn Bhd (OpenMinds) founder Jan Wong said Malaysia’s National AI Roadmap outlines… Source link

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Malaysia Expects Greater Trade Growth With India Following PM Anwar’s Official Visit To India

From V. Sankara NEW DELHI, Aug 21 (Bernama) — The Ministry of Investment, Trade and Industry (MITI) expects greater trade growth with India following the three-day official visit of Prime Minister Datuk Seri Anwar Ibrahim to India, which concluded today. Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said numerous proposals were discussed during the… Source link

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Malaysia Expects Greater Trade Growth With India Following PM Anwar’s Official Visit To India

From V. Sankara NEW DELHI, Aug 21 (Bernama) — The Ministry of Investment, Trade and Industry (MITI) expects greater trade growth with India following the three-day official visit of Prime Minister Datuk Seri Anwar Ibrahim to India, which concluded today. Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said numerous proposals were discussed during the… Source link

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Pos Malaysia’s 2Q net loss doubles on lower revenue from postal and logistics segments

KUALA LUMPUR (Aug 21): Pos Malaysia Bhd (KL:POS) recorded a wider net loss of RM55.92 million for the second quarter ended June 30, 2024 (2QFY2024), up 107% from RM27.01 million a year earlier, on lower revenue registered from its postal and logistics segments. The national post and parcel service provider has been loss-making since 3QFY2018. As a result, loss per share for 2QFY2024 came in… Source link

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Malaysia Business Events Week 2024 kicks off to new BEATS

With a theme of “Business Events and Technology with Sustainability (BEATS)”, MBEW 2024 officially kicked off with Dr. Yasmeen binti Yasim, Deputy Secretary-General (Tourism) of the Ministry of Tourism, Arts and Culture Malaysia in attendance. Photo Credit: MyCEB Malaysia Business Events Week 2024 has kicked off for the ninth year running as the flagship event organised by the… Source link

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