SME News
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2021-11-06
Bank Negara expected to tighten monetary policy next year
KUALA LUMPUR: Moody’s Analytics expects Bank Negara to pull the trigger on a rate hike in the second half (H2) of next year, as Malaysia’s economic outlook is looking brighter going into 2022. On Wednesday, Bank Negara retained the ove...
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2021-11-06
Pan Borneo Sabah East Zone expected to boost local development, say residents
KINABATANGAN (Bernama): The Sabah East Zone of the Pan Borneo Highway Project is expected to be a catalyst for socio-economic development, especially for small traders operating along the alignment of the project. The residents involved, when met ...
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2021-11-06
Financial institutions need to prepare for third generation of Internet
PETALING JAYA: The purpose of Web 3.0, the third generation of Internet services, is to create a semantic web that has the potential to understand and interpret knowledge and data. This is according to Singapore-based Smartkarma, which calls itsel...
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2021-11-05
Tengku Zafrul : Govt on track to revive economy through Budget 2022 (updated)
KUALA LUMPUR: Malaysia is on track to revive its economy in 2022 through an expansionary budget announced last Friday, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz (pix) today. Speaking in an interview with Bloomberg earlier toda...
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2021-11-05
Ringgit slips further against US dollar
KUALA LUMPUR: The ringgit closed lower against the US dollar as the market remained jittery as it awaited the outcome of the US Federal Reserve's two-day policy meeting while also digesting Bank Negara Malaysia's decision to keep the overnigh...