We use cookies
We use cookies that are needed for this website to work. With your permission, we would also like to use cookies to remember your preferences, understand how the site is used, and measure our advertising. You can accept all, reject all, or choose which ones to allow, and change your choice at any time with “Change Preferences”. Cookie Policy
DuitNow Money Transfer Service to Launch in December in Malaysia Malaysia’s Payments Network Malaysia Sdn Bhd (PayNet) is set to launch the DuitNow money transfer service this December. This will allow customers to transfer money securely and immediately using just the recipient’s mobile number. As of now, 40 local and foreign banks are expected to…
Alibaba’s Investments in Malaysia Continues The political power shift in the country did not spell an end to Alibaba’s investment in Malaysia. Despite the review of Malaysia-China mega projects, Alibaba’s founder Jack Ma has recently confirmed that Alibaba will continue its investments in Malaysia without disruptions. In 2017, Alibaba has inked a memorandum of understanding…
Malaysia’s June Inflation Rate Dips After GST Scrapped Following the abolishment of the 6% Goods and Services Tax (“GST”) from June 1 onwards, Malaysia’s June inflation rate eased to a 3-year low of 0.8%. In June, the country’s inflation rate was recorded at 0.8 %, which is the lowest rate since February 2015 – the…
Revival of Malaysia Inc. to Help Stimulate Growth Malaysia’s PM to Reintroduce Malaysia Inc. Concept Malaysia Inc., a concept which was first introduced by Prime Minister Mahathir Mohamad, will be revived with the aim to make Malaysia regarded as one massive corporation that both government and private sector will work to ensure its success. Tun…
Invest Selangor to Collaborate with MIDA on Boosting Logistics Supply Chain Malaysia’s logistic industry is expanding, and expanding fast, and the MIDA and Invest Selangor are set to work together to meet this need by working together to cater to the ASEAN and APAC region. In a jointly organized Investment Forum on Logistics Industry themed…
Malaysia’s New Finance Minister Confident of Stronger Economy Malaysia’s newly appointed Finance Minister Lim Guan Eng recently stated that the country’s economy remained strong and was backed by sound fundamentals. However, he said there was still a need to improve the fiscal conditions and also iron out other pressing issues. “The country’s economic fundamentals…