The New Industrial Master Plan 2030 (NIMP2030) represents an exciting document outlining the nation's aspirations to help its industries scale up the value chain, deepen their roles in the global supply chain, and enhance the competitiveness of SMEs, says SAMENTA.
It said in a statement that the mission-based NIMP takes...
Prime Minister Dato’ Seri Anwar Ibrahim has launched the New Industrial Master Plan 2030 (NIMP 2030) in a momentous event at the Ministry of Investment, Trade & Industry (MITI). The launch was graced by the presence of Deputy Prime Minister (I) Dato’ Seri Dr. Ahmad Zahid Hamidi and Minister...
Knight Frank, a prominent global real estate advisor, has unveiled its 1H23 Asia-Pacific Logistics Markets report. This report illuminates the sustained growth within the logistics real estate sector across the region.
Examining prime logistics rent in 17 key APAC cities, the report showcased an impressive average year-on-year increase of 10.4%....
Globally, the year-to-date (YTD) 2023 recorded 615 IPOs with US$60.9 billion raised in capital, representing a 5% and 36% decrease year-over-year (YOY). In Q2, larger deals came to the market compared to Q1, despite the slow recovery.
These modest results reflect slower global economic growth, tight monetary policies, and heightened...
The Madani Economy Framework will spur the economy and drive greater growth of the industry, including SMEs, said the Small and Medium Enterprises Association of Malaysia, or SAMENTA, Malaysia’s oldest and largest association of SMEs.
Datuk William Ng, SAMENTA national president, said that the market has been lacklustre since the...
A delegation led by Mr John Lee, chief executive of the Hong Kong Special Administrative Region (HKSAR), will visit Kuala Lumpur from 27 to 29 July.
The delegation, organised by the Hong Kong Trade Development Council (HKTDC), will include HKSAR government principal officials as well as over 30 business leaders representing economic...
A survey by Amazon Singapore, in collaboration with YouGov, revealed that consumers are placing a growing importance on product quality and authenticity as cost remains the top consideration for online purchases. The survey also shed light on local shoppers’ perceptions around the responsibility of sellers and e-commerce stores for...
John Wood Group PLC has been awarded a contract extension worth approximately US$250 million by Brunei Shell Petroleum, Brunei’s largest energy producer. The two-year extension will focus on the continued rejuvenation of BSP’s offshore energy asset portfolio to maximise production capacity and efficiency, Wood said in a statement.
The scope...
The recent increase in electricity bills in Malaysia has caused widespread anger and frustration among consumers. Many people have reported receiving bills that are much higher than usual, even though their energy usage has not changed significantly.
Many have expressed frustration in the social media, showing evidence that their bills...
Indian consumers are placing a high priority on brands that offer a better value for money and consider ethical and sustainable efforts. As such, they prefer to purchase more from local brands than imported ones as they are deemed to be more aligned with consumers’ expectations.
‘Localism’ mindset
Saptarshi Banerjee, senior...
Malaysia is working on establishing itself as a “shopping haven” for tourists with measures in place to make shopping in the country tax-free. However, the tables could turn on the retail sector with the government’s proposal to impose a tax on luxury goods. Retailers worry that such a move...
MyDIGITAL Corporation, in collaboration with the World Bank, discussed the challenges and opportunities in the progress of public sector digital transformation in Malaysia during a roundtable themed, Malaysia GovTech: Navigating the Transformation in Putrajaya on Friday, 19 May 2023.
In driving GovTech’s transformation, the Malaysian government has launched policies and...
