Latest News in Malaysia

Malaysia’s Small Entrepreneur Digitisation Empowerment Programme (Pupuk) Aims for Participation From 1,000 Micro-entrepreneurs

SMEBy 3E Accounting MalaysiaJuly 27, 2021

Malaysia’s Small Entrepreneur Digitisation Empowerment Programme Targets Microenterprises Pupuk Malaysia or the Small Entrepreneur Digitisation Empowerment Programme seeks to onboard 1,000 micro-entrepreneurs by December 2021. The Malaysian Communications and Multimedia Commission (MCMC) will be leading Malaysia’s newest micro-entrepreneurs empowerment programme. The Small Entrepreneur Digitisation Empowerment Programme (Pupuk) will select 1,000 micro-entrepreneurs to participate in the…

Malaysia’s Growth in Domestic Tourism Highest in ASEAN for H2 2020

SMEBy 3E Accounting MalaysiaJuly 27, 2021

Malaysia’s Growth in Domestic Tourism Reaches Record ASEAN High in H2 2020 The second half of the fiscal year is indicative of the high potential of Malaysia’s growth in domestic tourism. Malaysia is on track to an upbeat recovery in its domestic tourism and leisure sector. Capping the ASEAN market, Malaysia’s growth in domestic tourism…

RM80.6 Billion Approved: Investment, and It’s Rise in Malaysia 2021

Invest in MalaysiaBy 3E Accounting MalaysiaJune 28, 2021

RM80.6 Billion Approved: Investment, and It’s Rise in Malaysia 2021 Investment is all about putting your money in the right place and time for maximum results. This undoubtedly requires keen attention to the development of the global economic climate. One may also need to have the ability to predict if a particular investment will pan…

Malaysia’s Unemployment Rate Dips to 4.6% in April 2021

SMEBy 3E Accounting MalaysiaJune 28, 2021

Malaysia’s Unemployment Rate Dips to 4.6% in April 2021 In light of the COVID-19 pandemic, many countries commenced self-imposed quarantine on their citizens. As a result, restricting the movement meant that certain economic sectors will have to temporarily be shut down. Some businesses suffered monetary loss and had to resort to cutting down staff. Without…

Malaysia Holds Strong as One of the Top E-commerce Markets in ASEAN

Invest in MalaysiaBy 3E Accounting MalaysiaMay 25, 2021

Malaysia Pegged to Maintain Position as One of the Top E-commerce Markets in ASEAN Accelerated e-commerce growth to bring in gross merchandise value of US$30 billion by 2025. Acknowledged as one of the top e-commerce markets in ASEAN, Malaysia is riding high on market sentiment and expectation. Indeed, there has never been a better time…

Malaysia’s Wholesale Retail Sales Up 9.3% in March 2021

SMEBy 3E Accounting MalaysiaMay 25, 2021

DSOM Says This Is the First Positive Year-on-year Growth for 2021 The March retail sales in Malaysia were up by 9.3%, taking the total to RM112.8 billion. According to the Department of Statistics Malaysia (DSOM), this is the first positive year-on-year growth for 2021. Two sectors were largely responsible for the increase. This was the…

Grants Now Available for Digital Transformation in Malaysia

SMEBy 3E Accounting MalaysiaMay 3, 2021

Grants Now Available for SME Digital Transformation in Malaysia Funding Identified Under MIA’s Digital Technology Blueprint Operation Plan To ensure Digital Transformation in Malaysia, more grants have been made available under the Malaysia Institute of Accountants (MIA)’s Digital Technology Blueprint Operation Plan.   MIA’s Digital Adoption Plan MIA’s Principle 4 of its Digital Technology Blueprint…

Malaysia’s Agriculture Ministry Encourages Farming Community to Sell Products Online

SMEBy 3E Accounting MalaysiaApril 21, 2021

Ministry Encourages Farming Community to Make Use of Latest Technology Malaysia’s Agriculture Ministry is encouraging the local farming community to make use of the latest technology to sell their farming products online. The Agriculture and Food Industries (Mafi) Ministry is urging the farming community to adopt technology like e-commerce platforms. E-commerce platforms would help farmers…

External Trade Development Corp to Introduce New Activities to Enhance Malaysia’s Services Exports

SMEBy 3E Accounting MalaysiaMarch 23, 2021

New Guidelines in Place by MARTRADE to Boost Market Capabilities New guidelines have been launched to enhance Malaysia’s services exports by the Malaysia External Trade Development Corporation (MARTRADE). These guidelines are applicable to the Services Export Fund (SEF). The SEF aims to enhance Malaysia’s capabilities to gain market access for overseas projects. The new guidelines…

Malaysia Manufacturing Key to Industrial Output Growth in the Second Half of 2021

Invest in MalaysiaBy 3E Accounting MalaysiaMarch 23, 2021

Manufacturing Predicted to Boost the Country’s Economic Growth Malaysia expects to see stronger industrial output growth within the second half of this year. The growth is expected to come from the support of the manufacturing sector. The manufacturing sector is expected to grow due to the restart of the country’s economic activities. The outlook is…