SME News
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2024-10-02
Datacentre boom takes a pause, but Malaysia bucks the trend
The global cloud and data centre market has been in boom mode since the pandemic years prompted an unprecedented digital transformation across sectors and industries. Between 2019 and 2023, a mass shift to cloud computing and surging demand for AI sa...
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2024-10-02
SMEs are told of low-interest loans
Kota Kinabalu: Small and medium enterprises here were recently provided with the latest information on low-interest government loans for small and medium enterprises (SMEs). This was made possible thanks to an exchange meeting on loan p...
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2024-10-02
VEP: Johor hoteliers report normal business despite reduced Singaporean traffic
JOHOR BARU: Despite a slight drop in the number of Singaporean visitors following the enforcement of the Vehicle Entry Permit (VEP), Johor-based hoteliers reported that business remained unaffected. The Malaysian Association of Hotels (MAH) Johor ...
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2024-10-02
Google a big boost for economic growth
KUALA LUMPUR: Google's US$2 billion investment in its new data centre and cloud region in Malaysia is projected to generate US$3.2 billion in gross domestic product (GDP) growth and create 26,000 highly skilled jobs over the next five years, said...
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2024-10-02
MIDF sees ongoing growth for Malaysia’s production activities
KUALA LUMPUR: Despite concerns over slower factory activities, MIDF Amanah Investment Bank Bhd (MIDF) expects Malaysia’s production activities to continue to grow in the coming months. In its Economic Brief today, MIDF said growth would...