SME News
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2023-02-07
Malaysia's IPI grew at 6.9% in 2022 driven by manufacturing, mining indices
KUALA LUMPUR: Malaysia’s industrial production index (IPI) for 2022 narrowed to 6.9 per cent from 7.2 per cent recorded in 2021, driven by the manufacturing index (8.2 per cent); electricity index (4.5 per cent); and mining index (2.8 per cent)...
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2023-02-07
Chinese-Bumiputera cooperation needed for development of Greater Kuching — Sarawak Premier
KUCHING (Feb 6): Sarawak Premier Tan Sri Abang Johari Tun Openg wants the Chinese business community to cooperate with Bumiputeras to develop areas in Kuching, Samarahan and Serian in line with the Greater Kuching development strategy planned by the ...
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2023-02-07
Create graft-free environment in public, private sectors, says minister
PUTRAJAYA (Feb 7): Malaysia needs to continue and enhance the implementation of anti-corruption activities to create a graft-free environment in the public and private sectors, said Human Resources Minister V Sivakumar. He said efforts to pre...
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2023-02-07
Employers warned about replacing local staff with foreign hires
The Malaysian government is warning employers against replacing local staff with foreigners as the rules on overseas hiring for critical sectors get easier. In January, the government announced a new Foreign Workers Employment Relaxation Plan (FWE...
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2023-02-07
Stronger tourism activity poised to spur economy
PETALING JAYA: The effect of stronger tourism activity is expected to boost Malaysia’s gross domestic product (GDP) by at least one percentage point (ppt) in 2023, via further recovery in tourist arrivals, resumption of China outbound travellin...