• KL-Singapore HSR stations envisioned as gateway to Malaysia’s modern cities
  • World-class speakers to share insights on how to sell Malaysian homegrown brands to the world
  • Employment rate Up 0.1 % in August
  • ABSS eyes 45,000-70,000 SMEs to use Cloud Accounting App by March 2018
  • Malaysia to step up global Halal initiatives

KL-Singapore HSR stations envisioned as gateway to Malaysia’s modern cities
Prime Minister, Datuk Seri Najib Tun Razak said that the KL-Singapore High Speed Rail (HSR) stations are envisioned to become a hub and gateway to Malaysia’s modern and most advanced cities. He said this vision was an equally important element that would drive Malaysia towards achieving the Transformation 2050 (TN50) aspiration. “Beyond revolutionising connectivity between two of South-East Asia’s major economic forces, the HSR will fundamentally merge the cities which stand to gain from the agglomerate network of larger market demand, wider talent pool, infrastructure and clusters of business opportunities,” he said. He was speaking at the unveiling of the KL-Singapore HSR station concept designs in Kuala Lumpur. Datuk Seri Najib said for the nation, the HSR would position it as the preferred investment destination in the region, providing wider investment opportunities and diversification.

Speaking at the same function, MyHSR Corporation Sdn Bhd Chairman, Tan Sri Dr Ali Hamsa, said the project was an iconic game changer for Malaysia and would encourage it to remain competitive, moderate and dynamic to keep the pace with the rest of the world. “The investment we made today will accelerate us towards achieving the goal of TN50 in becoming the top 20 nation in economic development, social advancement and innovation,” he said. He said the bidding of the project, expected by year-end, has already garnered huge interest with many companies already forming partnerships and consortiums in advance to participate in the tender. The KL-Singapore HSR, slated to start operation by 2026, connects the cities of Kuala Lumpur, Bangi, Putrajaya, Seremban, Melaka, Muar, Batu Pahat, Iskandar Puteri and Singapore.

World-class speakers coming to share insights on how to sell Malaysian homegrown brands to the world
Malaysian entrepreneurs will have the opportunity to learn and apply the principles and philosophies of accomplished international brand builders who will share their experiences and insights into creating a globally-successful brand at the Global Marketing Summit: Selling Your Brand to the World organized by INSKEN (Institut Keusahawanan Negara) next month. The one-day summit by INSKEN, a flagship under the supervision of TERAJU (Unit Peneraju Agenda Bumiputera) of the Prime Minister’s Department, will be led by world-class speakers who include the co-founder of Starbucks Zev Siegl; Manchester United’s former marketing director Peter Draper; Porsche and BMW, UK, managing director Kevin Gaskell and Apprentice Asia winner Jonathan Yabut. At a news conference to mark a soft launch, TERAJU chief executive officer Datuk Husni Salleh said, “The inaugural summit is aimed at enabling Malaysian companies in particular SMEs, to learn from the very best in the business, providing an inspirational and aspirational platform to encourage them to take their businesses to the highest level.” “Organized specifically for small and medium enterprises (SMEs), the summit envisions the transformation of Malaysian companies into successful, competitive and recognized international brands,” added INSKEN CEO Muhd Firdaus.

Employment Rate Up 0.1 % In August
Malaysia’s employment rate rose 0.1 per cent month-to-month to 67.8 per cent, or 15.03 million, in August 2017. The Department of Statistics Malaysia said, on a year-to-year basis, the rate was the same as recorded in August last year. “The unemployment rate in August 2017 stood at 3.4 per cent, registering a drop of 0.1 per cent compared to the previous month, while year-to-year it was 0.1 per cent lower than in August 2016,” it said.

ABSS Eyes 45,000-70,000 SMEs To Use Cloud Accounting App by March 2018
Asian Business Software Solutions is targeting between 45,000 and 70,000 small and medium enterprises (SMEs) in Malaysia to adopt its cloud accounting application, Financio, by March 2018. Its Chief Executive Officer, Paul Conway, said currently, 4,500 Malaysian SMEs used the application which saved over 384,00 man-hours. “We aim to increase the number to 125,000 SMEs by March 2018 across South-East Asia and the partnership with Microsoft will play a crucial role in achieving this target,” he told reporters after signing a strategic agreement with Microsoft Malaysia today. He said the agreement aimed to empower micro SMEs in Malaysia and accelerate their transformation journey. “This platform, designed for start-ups, small business owners and non-accountants, will adopt Microsoft cloud services to provide end-to-end and scalable solutions for micro SMEs in the digital economy.

Malaysia To Step Up Halal Internationalisation Initiatives
Deputy Prime Minister, Datuk Seri Dr Ahmad Zahid Hamidi said Malaysia would increase its halal initiatives to attract global interest in a bid to make the country the global halal excellence centre. He said among the initiatives were the organisation of new international programmes such as Multaqa International Halal Authority Board (IHAB) and Halal Innovation and Technology Exhibition (HITEx). ” He said Malaysia would also capitalise on the halal industry which had been identified as a new economic source through the Islamic Economy Transformation Programme, which is seen as being able to transform the Islamic economy to be more competitive and forward-looking.


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