Malaysia Productivity Corporation (MPC) and Small and Medium Enterprises Association of Malaysia (SAMENTA) have launched the SME Digital Transformation and Productivity Programme (SDTP) to help Malaysian SMEs in the service and professional sector to digitalise. As part of the SDTP programme, MPC and SAMENTA have launched a Digital Productivity Guide...
The Federal Court has dismissed the appeal and affirmed former prime minister Datuk Seri Najib Razak’s conviction and sentence in the SRC International case. This means Najib, the Pekan MP, is set to begin serving his jail term immediately and will become the first former prime minister in the history...
Malaysia and Singapore have struck a deal to work together on promoting digital and green economies. Ministry of International Trade and Industry (Miti) said in a statement that two frameworks on the agreed cooperation have been concluded with Singapore. “The frameworks will serve as the basis for future bilateral initiatives related...
Malaysia's trade continued its upward trend in July, posting double-digit growth for trade, exports, and imports. International trade and Industry minister Datuk Seri Mohamed Azmin Ali said trade rose by 39.8 percent to RM252.65 billion compared to July 2021, which was the 18th consecutive month of double-digit growth. Exports increased by...
The Selangor State Development Corporation or Perbadanan Kemajuan Negeri Selangor (PKNS) remains confident of its well-diversified strategic recovery plan despite challenges, particularly those caused by the pandemic and other factors such as inflation. “The biggest contributor to our recovery plan lies within our well-diversified holistic approach. Aside from our core...
The Federation of Malaysian Manufacturers (FMM) has welcomed the much-awaited findings of the Cost and Benefit Analysis (CBA) conducted on the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) which reveals its net economic benefits to Malaysia, as published by the Ministry of International Trade and Industry (MITI) The CBA...
The Small and Medium Enterprises Association of Malaysia (SAMENTA) has again called for the Malaysian government to ratify the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) “as soon as possible”. As the oldest SME association in the country, SAMENTA said it looks forward to working with the government, including...
UOB Malaysia is set to facilitate more foreign direct investments (FDI) into Sarawak as international companies look for opportunities in the state’s high-value sectors. The bank expects more multinational corporates, especially those from the manufacturing, trade, technology, food and agriculture industries, to invest in Sarawak’s renewable energy, digital technology, ecotourism...
The Monetary Authority of Singapore (MAS) has tightened its monetary policy in an out-of-cycle move, as the island country sees inflationary pressure rising on the back of Russia’s invasion of Ukraine. The city-state also announced that its economy grew 4.8% on the year in the April-June quarter, according to preliminary...
CTOS Digital Bhd and Monash University Malaysia have signed a Memorandum of Understanding to collaborate on data insights and analytics to advance research into Malaysia’s credit health. The MoU will facilitate industry-academia cooperation through research, analysis and exchange of ideas. CTOS Digital, through its wholly owned subsidiary CTOS Data Systems Sdn...
Singapore has added Indonesia as a new source for the import of chilled, frozen and processed chicken, said the Singapore Food Agency (SFA) on 30 June. "Chickens from approved Indonesia establishments can now be imported in addition to existing sources such as Brazil, Thailand and Australia," said SFA in a...
The Selangor State Development Corporation is targeting RM1 million worth of transactions during its Ekspo Usahawan Selangor 2022 (SELBIZ 2022), and a turnout of 10,000 visitors. With the uptake of 160 booths from local entrepreneurs, the first SELBIZ 2022 will be held on 3-4 September 2022,  at SACC Convention Centre...

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