SME News
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2022-12-26
Local banks thrive in 2022 thanks to OPR hikes and economic recovery
MALAYSIAN banks’ revenue and profitability were largely helped by the higher interest rates and economic recovery in 2022. Bank Negara (BNM) has been playing its part in supporting the economic recovery by pursuing a “slow-a...
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2022-12-26
Aviation sector to 'fly high' in 2023
KUALA LUMPUR: Malaysia's aviation sector will charge ahead in 2023 after 2022 has shown turnaround signs, according to analysts. They, however, are mixed on whether the sector would see a full recovery or still be a long way from matching the ...
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2022-12-26
Malaysia’s robotics sector can benefit from collaborative ecosystem
PETALING JAYA: Universal Robots (UR), the Danish collaborative robot (cobot) company, urged Malaysia’s robotics industry to leverage its extensive global ecosystem to realise the benefits of strategic collaboration. To facilitate this ecosys...
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2022-12-26
Better to have single agency to handle foreign workers' employment: MCMTC
KUALA LUMPUR: The Malaysian Consortium of Mid-Tier Companies (MCMTC) has backed the Federation of Malaysian Manufacturers' (FMM) call for a single agency to handle the entire foreign worker employment process to ensure clarity, transparency and g...
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2022-12-26
Malaysia's inflation to ease in 2023, 50bps hike in OPR in offing?
KUALA LUMPUR: Malaysia's headline inflation is expected to stay elevated in the near term before decelerating in 2023, UOB said. The Singapore bank said despite steady headline inflation in November of 4.0 per cent, food inflation had accelera...