SME News
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2021-03-31
Malaysia's GDP to grow up to 7.5pct in 2021: Bank Negara
KUALA LUMPUR: Malaysia's economy is expected to expand between six per cent and 7.5 per cent this year, Bank Negara Malaysia governor Datuk Nor Shamsiah Mohd Yunus said. This is against a 5.6 per cent gross domestic product (GDP) contraction i...
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2021-03-31
Online retail sales almost doubled during pandemic, says BNM
KUALA LUMPUR (March 31): Bank Negara Malaysia (BNM) said online retail sales almost doubled during the Covid-19 pandemic, demonstrating rapid growth of the digital economy as a contributor to the country’s growth. BNM governor Datuk Nor...
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2021-03-31
Bank Negara: Hotel business to remain modest throughout 2021
KUALA LUMPUR, March 31 - Market conditions for hotels are likely to remain modest throughout 2021 amid intense competition for a smaller pool of travellers, higher operational costs due to the imposition of standard operating procedures, and slow rec...
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2021-03-31
Bank Negara: Despite movement curbs, cash was king in 2020 hitting highest annual growth in 10 years
KUALA LUMPUR, March 31 — Despite movement restrictions and rapid acceleration in e-commerce and online spending in 2020, cash remained the most prevalent medium of payment in the year, which saw an annual growth of 14.3 per cent, the highest in...
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2021-03-31
Azmin to lead trade, investment mission to South Korea, Japan
KUALA LUMPUR: Senior Minister and Minister of International Trade and Industry Datuk Seri Mohamed Azmin Ali will lead a trade and investment mission to South Korea and Japan from April 1-6, 2021. In a statement today, the Ministry of International...