Gig Work Becoming Full Time Jobs in Malaysia Gig Jobs Are More Than a Side Hustle, They’ve Become a Profession As more people start spending longer hours on gig work, there is a need for these workers to be given the necessary employee protection. Some Malaysians are spending longer hours on their side jobs,…
E-Wallet Incentive RM30 Infusion Begins in Malaysia Eligible Malaysians Who Qualify Will Receive Free E-Wallet Infusion The Malaysian government has introduced a new e-wallet incentive worth RM30 for eligible Malaysians. Eligible Malaysians who qualify for the incentive will receive the free E-Wallet infusion This incentive is a one-off payment for Malaysians and is part of…
When Companies Comply With Companies Act 2016, the More Transparent Businesses Are Business owners are often plagued with every single thing that is related to the business. This includes looking through all the financial worksheets and keeping everything in check and balance. Often, small or medium-sized companies may not have the capacity to hire professional…
The Public Can Now Verify the Authenticity of Documents Issued by SSM Using QR Code Reader and Web Checker Technology has come a long way from merely improving our daily lives to educating us to become more responsible. Documents and documentations are still necessary for sharing of specific information when it is requested. But, with…
The Potential of Bioplastics for Malaysian Small and Medium Enterprises (SMEs) According to Malaysian Bioeconomy Development Corporation Sdn Bhd (Bioeconomy Corporation), there is potential for Malaysia to be a global bioplastics hub. Bioplastics are plastics materials produced from renewable biomass sources and are more environmentally-sustainable to produce compared to conventional plastic production. The Malaysian bioplastics…
Paving the Way for Digital Transformation in Malaysia Business Environment Malaysia is currently undergoing a digital transformation as national agendas such as the Shared Prosperity Vision 2030 and the Ministry of International Trade and Industry’s (MITI) National Policy on Industry 4.0 (Industry4WRD) are encouraging the use of emerging technologies to fast-track industry improvement and stimulate…
Embracing the Fourth Industrial Revolution The Industrial Revolution is upon us and it is manifested through technology trends towards automation, cyber-physical systems, the internet of things, cloud computing, cognitive computing and artificial intelligence. However, Malaysia’s Entrepreneur Development Minister has pointed out that Malaysian small and medium enterprises (SMEs) are still reluctant to adopt the technologies…
The Important Reasons for Regulating the Gig Economy in Malaysia 20 years ago, being successful in life meant getting a 9-5 job in an office setting, and climbing a corporate ladder on your way to success. Fast forward to 2019, and this is no longer the case. The gig economy is taking over the world,…
Malaysia Budget 2020: SMEs and Entrepreneurs Get More Supports Small and medium enterprises (SMEs) and entrepreneurs were among the groups that will benefit from Malaysia Budget 2020. Amongst other initiatives, RM 455 million will be allocated for Bumiputra entrepreneurs. Chinese community entrepreneurs would receive a total of RM 100 million loans with 4% interest. Similarly,…
Budget 2020: More Support For Companies in Malaysia Companies in Malaysia are getting a major boost from Budget 2020. The government is set to allocate funds upwards of RM1billion for customized packaged investment incentives. This will be yearly for five years to attract foreign companies to the country, a move that will help companies and…