Digi business marketing and operations head Steven Soon (second from left) delivering his speech as (from left) Johor South SME Association advisor Teh Kee Sin, RHB Bank Bhd commercial banking head Azlina Safian and PKT Logistics Group Sdn Bhd chief operating officer P’ng Tean Hau look on duri...
One for the album: (From left) Teh, Soon, Azlina and P’ng posing for photograph after their panel discussion session at the SOBA LAB programme at Trove Hotel in Johor Baru.JOHOR BARU: Digitalisation is the way forward for small and medium enterprises (SMEs) and they have to start planning now,...
Unofficial figures show that some 300,000 Malaysians commute daily from Johor to Singapore to work. — FilepicJOHOR BARU: The state government is looking at the positive angle when it comes to the high number of Malaysians, including Johoreans, working in Singapore.Johor education, human resour...
An SME expo showcasing the productsKUALA LUMPUR: Malaysia's small business sector experienced positive business conditions in 2018 and confidence in business and economic growth is at its highest point since 2012, according to new survey data released today by CPA Australia. The findings from CPA A...
KUALA LUMPUR: Small and medium enterprises (SMEs) should capitalise on the RM517mil funding made available by Malaysian Industrial Development Finance Bhd’s (MIDF) and Malaysian Technology Development Corp (MTDC) under the Soft Loan Scheme for Automation and Modernisation (SLSAM).MIDF group ma...
PETALING JAYA: Finance Minister Lim Guan Eng is tabling Budget 2019 in Parliament, the first federal budget by the Pakatan Harapan government.The tabling of the Supply Bill (Budget) 2019 will commence before Dewan Rakyat Speaker Datuk Mohamad Ariff Md Yusof, and will be debated by the Members of Par...
Datuk Johari Abdul Ghani (Bernama file photo)PETALING JAYA, Dec 30 (Bernama) -- The government will not make any revision to the 2016 Budget now despite declining oil prices, says Deputy Finance Minister Datuk Johari Abdul Ghani.
"When we prepared the budget, the oil price was then US$48 per barrel but now it has dropped to US$36 per barrel.
"The impact on government revenue is bearable, so we do not see a need to do a revision at the moment, however, we will continue to monitor oil price movements in the first quarter of next year," he told reporters at the special monthly, local and weekly draw of Bank Simpanan Nasional's premium savings certificates to lucky winners.
Even if oil price were to fall below US$30 per barrel, Johari said the government would tweak its spending to mitigate the need to adjust the national budget.
On the possibility of revising the petrol pump price to weekly from monthly, he said the government was open to this suggestion as long as it does not burden the people.
Johari said the Petrol Dealers' Association of Malaysia was scheduled to submit their proposal on this to the ministry next week for their consideration.
"We do not see a problem in doing the revision weekly but oil and gas companies and petrol station operators must also be on board," he said.
Johari said the weekly revision would result in petrol pump price movement being more reflective towards the current market and its changes would not be too drastic.