SME News
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2023-07-20
Tesla to drive sustainable mobility with strategic expansion in Malaysia
KUALA LUMPUR: Tesla, a leading American multinational electric automotive manufacturer, has announced its strategic expansion into the Malaysian market via Tesla Malaysia Sdn Bhd. According to a joint statement by Tesla and the Malaysian Investmen...
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2023-07-20
Malaysia and Vietnam spice up trade relations
KUALA LUMPUR: Malaysia and Vietnam are set to explore more opportunities to forge stronger ties in economy and trade. The Foreign Ministry said Prime Minister Datuk Seri Anwar Ibrahim was scheduled to witness the exchange of Memorandums of Underst...
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2023-07-20
Delaying EPF withdrawal by 10 years will yield additional 80% returns
PETALING JAYA: There is a lot to gain from leaving one’s savings in the Employees Provident Fund (EPF) for an extended period after retirement. Based on an average annual interest rate of 6%, one can see the savings grow by about 80% in just...
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2023-07-19
Malaysia's exports a drag on GDP but domestic growth may still be robust: CGS-CIMB
KUALA LUMPUR: Malaysian exports, which started contracting year-on-year in April, are expected to be a drag on growth at least through to the fourth quarter (Q4) of 2023, said CGS-CIMB Research. But domestic growth may remain robust, underpinned b...
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2023-07-19
Malaysia's palm oil sector to benefit from UK's CPTPP entry - analysts
KUALA LUMPUR: Malaysia's palm oil industry will be one of the sectors to benefit from the United Kingdom’s entry into the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), an analyst said. SPI Asset Managemen...

