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...
Government Has Target 92 Per Cent Private Investments By 2020 - Wee
KUALA LUMPUR, April 18 (Bernama) -- The government is aiming to achieve a target of 92 per cent in private investment in all sectors by 2020, said Minister in the Prime Minister's Department Datuk Dr Wee Ka Siong.
He said it was driven by the current private investments of 64 per cent of all investments in the country compared to public investments.
Wee said private investments had grown to 13.9 per cent between 2010-2014 from just 3.1 per cent in 2007-2010.
"In 2012, the bulk of private investments of 45.33 per cent was spent on expansion activities for companies, but only 0.20 per cent was for seed funding and 5.45 per cent for start-up stages of small companies.
"We need more venture capitalists to take the lead in boosting private investments," he said at the launch of the Rise of ASEAN Conference and the 8th Global Entrepreneurs Roundtable here, Saturday.
The three-day event organised by MOC Capital Bhd with the collaboration of Wealth Mastery Academy and MICE Preferred, is attended by 300 delegates from the ASEAN region.
They comprise entrepreneurs, small and medium business owners, bankers and fund managers, coming together to further discuss and share ideas from the economic aspect.