SME News
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2023-02-08
MDEC Identifies 5 Plausible Future Trends of E-Commerce
The Department of Statistics Malaysia, DOSM, reported that, Malaysia’s income on e-Commerce transactions surpassed the RM 1 trillion mark for the very first time in 2021, at a growth rate of 21.8 percent, compared to RM896 billion in 2020. The ...
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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...
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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
Malaysia confident of avoiding recession
Malaysia is confident of achieving positive growth and avoid a recession this year despite having to navigate through global headwinds. Even though the country's economic growth this year was projected to be moderate compared with 2022, Intern...
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2023-02-07
Lower migrant workers recalibration scheme fee, Rehda urges govt
PETALING JAYA: The Real Estate and Housing Developers’ Association (Rehda) has urged the government to reduce the RM1,500 fee for the migrant workers recalibration programme, saying the amount is unreasonably high. In a statement, Rehda pres...