KUALA LUMPUR: Malaysia has come in amongst the top three in a study conducted by McKinsey & Company on the economic impact of the Internet on the Gross Domestic Product (GDP) of nine aspiring countries – Taiwan, Malaysia, Hungary, Argentina, Mexico, Morocco, Turkey, Vietnam and Nigeria. Ac...

IPOH: Perak folk can now find out what's happening in the local business scene on Biz Zoom.  The monthly newspaper, which was launched last December, offers updates and information on the economy and business-related news.   Biz Zoom chief executive officer P. Vicnesh said the Malay-langu...

KUALA LUMPUR, Jan 27 (Bernama) -- Registrations for new companies and businesses in Malaysia this year will not be affected by the global economic turmoil, says Companies Commission of Malaysia (CCM). Chief Executive Officer Mohd Naim Daruwish said on the average about 40,000 new companies and 60,0...

KUALA LUMPUR: SME Bank aims to disburse close to RM1 billion in loans to small- and medium-scale enterprises (SMEs) next year despite forecasts of a weaker economic environment.Its managing director, Datuk Mohd Radzif Mohd Yunus, said loan disbursements will focus on projects under the National...

NOW is not the time for the small- and medium-sized enterprises (SMEs) to be content with what they have achieved as today’s business environment has become more competitive.SMEs must scale up and not remain small or medium-sized or they could succumb to pressures from bigger players in the in...

KUALA LUMPUR, Jan 17 (Bernama) -- Market development grants (MDG) will be increased four-fold to RM52.5 million this year, from RM12.34 million allocated last year, says International Trade and Industry Minister Datuk Seri Mustapa Mohamed. He said the eligibility ceiling for the grant has been rais...

KUALA LUMPUR Jan 12 (Bernama) -- Investors are advised to invest more in fixed income or bonds, compared to equities in the current economic situation. Citibank Malaysia's Head of Investment Strategist and Research, Wealth Management Products, Steven Yong said a defensive strategy with a larger por...

KUALA LUMPUR, Jan 12 (Bernama) -- The Federation of Malaysian Manufacturers (FMM) is urging the Ministry of Human Resources to expedite amendments to the labour laws to provide equitable legislation especially in the firing and hiring of employees. FMM vice-president Raja Datuk Abdul Aziz Raja Muda...

KUALA LUMPUR, Jan 10 (Bernama) -- The Malaysia External Trade Development Corp (Matrade) expects bilateral trade between Malaysia and Saudi Arabia to experience positive growth this year. In 2010, bilateral trade amounted to RM9.32 billion while for the first 10 months of 2011, it rose 47 per cent ...

 KUALA LUMPUR: Malaysia's Industrial Production Index (IPI) in November 2011 edged up by 1.8 per cent compared with the same month in 2010 due to the increase in manufacturing and electricity index.The IPI in October was revised to 2.9 per cent from 2.8 per cent year-on-year.In a statement toda...