SME News
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2023-05-11
Hospitality sector showing potential as career option
KUALA LUMPUR: Malaysia is witnessing a rebound of the tourism sector, which is vital for economic growth to raise the nation’s gross domestic product (GDP), said Malaysian Industrial Relations and Human Resources Association president Prof...
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2023-05-10
Malaysia on track to post Q1 GDP growth of 5.6%
KUALA LUMPUR: Malaysia’s gross domestic product (GDP) growth for the first quarter of 2023 (1Q23) is expected to record 5.6% versus 5% in last year’s corresponding quarter, says Bank Islam Malaysia Bhd (BIMB). Such compelling growth in...
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2023-05-10
Fahmi: Presence of Mastercard’s Data and Services Hub in KL strengthens Malaysia’s status as leader in digital economy
KUALA LUMPUR (May 9): The opening of Mastercard’s Data and Services Hub in the capital further strengthens the country’s status as a preferred choice of digital economic landscape in the region, said Minister of C...
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2023-05-10
Services sector revenue rises 13% to RM560bil in Q1
PETALING JAYA: Malaysia’s services sector revenue grew 13.1% year-on-year (y-o-y) to RM560.3 billion in the first quarter of 2023 (Q1 2023) from RM495.5 billion in the same quarter last year, the department of statistics Malaysia (DoSM) said. ...
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2023-05-10
Alliance Bank, CTOS to help underserved group boost credit profile
PETALING JAYA: Alliance Bank Malaysia Bhd and CTOS Digital Bhd have inked a five-year RM14 million deal that will help transform credit, particularly for the unbanked and underbanked segment. In order to achieve this, Alliance Bank is enlisting th...