Value of Indebtedness Temporarily Increase in Malaysia

Value of Indebtedness Temporarily Increase in Malaysia

Value of Indebtedness Temporarily Increased to RM50,000 in Malaysia Malaysia’s Ministry of Domestic Trade and Consumer Affairs has announced a temporary increase in the value of indebtedness to more than RM50,000. This is pursuant to 466(1)(a) of the Companies Act 2016 (Act 777) (CA 2016) of the Malaysian Companies Act. Companies who are considered unable…

Read more
Malaysia GDP 2020

Malaysia GDP 2020

The Year 2020 is a Surprising Year for the Malaysia Economy The year first quarter of the year 2020 has turned out to be a challenging period due to the Covid-19 pandemic. Everywhere across the globe, countries are reeling from the economic downturn. No country escapes this slump. Therefore, it is a pleasant surprise that…

Read more
Stimulus Package Introduced to Add Approximately 1.4% Points to Malaysia’s GDP Growth

Stimulus Package Introduced in Malaysia

Stimulus Package Introduced to Add Approximately 1.4% Points to Malaysia’s GDP Growth The Global Economy Is Taking a Hit, and The Introduction of This Package Will Change That Economies around the globe have taken a hit and the Malaysia Government hopes the new stimulus package will boost the country’s 2020 GDP growth. The package is…

Read more
Malaysia COVID-19: What Is the Government’s Advice to Businesses?

Malaysia COVID-19

Malaysia COVID-19: What Is the Government’s Advice to Businesses? Looking at The Impact on Businesses and The Malaysia Economy Uncertain times lie ahead amid the global economic uncertainty because of the virus pandemic. Here’s a look at the Malaysia COVID-19 situation and the Government’s advice to businesses.     What the COVID-19 Means for Malaysia…

Read more
SME Digitalisation Initiative

SME Digitalisation Initiative

The Launch of SME Digitalisation Initiative   A New Initiative for a More Digitised Future The Ministry of Finance (MOF) recently launched the SME Digitalisation Initiative. This initiative is a working collaboration between the Government (via MOF) and the following organisations: Bank Simpanan Nasional (BSN) SME Bank Malaysia Digital Economy Corporation (MDEC)   Working together,…

Read more
Malaysia’s Exports Expected to Increase in 2020

Malaysia’s Exports Expected to Increase in 2020

Malaysia’s Exports Expected to Increase in 2020, According to Economists Country Expected to Record a Growth of 1.5% in the Export Sector Economists are predicting Malaysia’s exports will experience a 1.5% growth year-on-year this 2020, strengthened by its commodity-based sectors. Based on the latest trade figures for the country, it seems the trade sector is…

Read more
US-China First Phase Trade Deal

US-China First Phase Trade Deal

Phase One of the US-China Trade Deal Has Been Signed and It Looks Promising The top two economy powerhouses have been at trade disputes for a long time. The United States of America and China have had different views on trade relationships and this has led to significant trade tensions. They have been a tit…

Read more