Better Integration of Grants Through MySGD, Zafrul Says

Better Integration of Grants Through MySGD, Zafrul Says

MySDG Foundation to Integrate Coordination of Grants The Malaysia Sustainable Development Goals Foundation, or the MySDG Foundation, was launched on the 27th of January is set to become an integration of grants. According to Datuk Seri Tengku Zafrul Abdul Aziz, he mentioned that stakeholders created numerous funds for various significant causes, including environmental sustainability, wildlife…

2022 National Economic Recovery Is Underway with SSM New Initiatives Announcement

2022 National Economic Recovery Is Underway with SSM New Initiatives Announcement

2022 National Economic Recovery Is Underway with SSM New Initiatives Announcement SSM (Suruhanjaya Syarikat Malaysia), also known as The Companies Commission of Malaysia, announced several new initiatives that will boost national economic recovery in 2022.  SSM announced several new initiatives, as well as the continuation of the existing five initiatives that were introduced in 2021.…

Finance Minister: Plans to Reinstate GST Are on the Way

Finance Minister: Plans to Reinstate GST Are on the Way

Malaysia’s Finance Minister: GST for the Better? As the Minister of Finance, Zafrul stresses that fiscal reforms are imminent for increasing expenses. The COVID-19 pandemic heavily dampened the government’s revenue; he notes that Malaysia’s direct burden is about to exceed RM1 trillion in 2022. Therefore, requiring more productive debt-paying to sustain the slow economic growth. …

Manufacturers in Malaysia Are Urging Putrajaya to Reinstate GST and Prioritise Economic Recovery

Manufacturers in Malaysia Are Urging Putrajaya to Reinstate GST and Prioritise Economic Recovery

Manufacturers in Malaysia Are Urging Putrajaya to Reinstate GST and Prioritise Economic Recovery Given the weak domestic and external environments caused by Covid-19, priority should be given to strengthening the economy and restoring more favourable business conditions.  This is according to the Federation of Malaysian Manufacturers (FMM). This situation is concerning because the debt servicing…

Malaysian Government and Agencies to Keep on Growing Ecosystems to Attract Investments

Malaysian Government and Agencies to Keep on Growing Ecosystems to Attract Investments

Growing Ecosystems to Attract Investments Remains Aim of Malaysian Government and Its Agencies Creating and growing ecosystems to attract investments are crucial to national growth. The National Fourth Industrial Revolution (4IR) Policy – the latest strategy from the Malaysian Government – is set to drive digitalization. In line with this plan, the Prime Minister’s Department…

National Employment Council Malaysia Creates 320,000 Jobs via PenjanaKerjaya

National Employment Council Malaysia Creates 320,000 Jobs via PenjanaKerjaya

Malaysia Creates 320,000 Jobs via PenjanaKerjaya 3.0 The National Employment Council (NEC) rolls out its latest initiative as Malaysia creates 320,000 jobs. The Malaysian Government is pushing new initiatives to ensure that the nation weathers the economic fallout from the global pandemic. The Ministry of Finance (MOF) reports that the National Employment Council (NEC) is…

The Malaysian Sustainable Palm Oil (MSPO) Certification Is Expected to Be Ready by the End of 2021

The Malaysian Sustainable Palm Oil (MSPO) Certification Is Expected to Be Ready by the End of 2021

Final Revisions for Malaysian Sustainable Palm Oil Certification Standards Malaysian Sustainable Palm Oil certification will focus on sustainability requirements and practices. The Malaysian Sustainable Palm Oil (MSPO) certification standards are wrapping up the final revision stage. As a national certification scheme for palm oil, MSPO will introduce new standards and criteria. These specifications feature sustainability…

Single-origin Premium Quality Cocoa Beans Focus of Malaysia’s Production Ambitions

Single-origin Premium Quality Cocoa Beans Focus of Malaysia’s Production Ambitions

Single-origin Premium Quality Cocoa Beans to Be Synonymous With Malaysian Production Malaysia is seeking prominence as a producer of single-origin premium quality cocoa beans. The Malaysian Ministry of Plantation Industries and Commodities (MPIC) is implementing pivotal strategies to boost cocoa bean production. The aim is to position Malaysia as a top producer of single-origin premium…