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Top foreign and local stories at 4pm

Top foreign and local stories at 4pm

SMEs growth outpaces country's GDP growth

KUALA LUMPUR: Small and medium enterprises (SMEs), which account for more than a third of the country's economy, recorded stronger growth compared with the national gross domestic product (GDP) in 2016.

Push for sustained growth, SMEs told

KUALA LUMPUR: Malaysian small and medium enterprises (SMEs) will need to work harder to achieve the target of 41% contribution to the country’s Gross Domestic Product (GDP) by 2020.

Johor SME owners urge the Government not to increase the levy for foreign workers

JOHOR BARU: Business operators hope that the Government will not increase the levy for foreign workers in the upcoming Budget 2018 as the move could become counterproductive.

Workers busy harvesting bananas at Basir Ismail Estate in Kota Tinggi, Johor. Business operators hope levy for foreign workers will not be increased as this would affect their business.

Start-ups for SMEs to grow Group’s new programme to help companies gain access to knowledge-sharing sessions

AMBANK Group has launched the AmBank BizRACE as part of its continuous effort to provide additional support for the small and medium enterprises (SMEs).

(From left) AmBank Group Portfolio Development Business Banking division senior vice president Tay Ming Han, Leaderonomics CEO and co-founder Roshan Thiran, Yap, Anecdote International global partner Bharat Avalani, AmBank Business Banking – Commercial (northern) regional director Teh Teong Guan and AmBank Group Corporate Communications and Marketing head Syed Anuar Syed Ali at the AmBank BizRACE launching and BizConference in Penang.

Mara programme aims for winning products for global market

KUALA LUMPUR: Majlis Amanah Rakyat’s (Mara) Gate To Global (GTG) programme aims to produce global bumiputera entrepreneurs who can come out with winning products to penetrate the global market.

“Through this initiative, Bumiputera entrepreneurs will be transformed into global entrepreneurs offering unique products at competitive prices for export,” Awang Adek (2nd from left) told reporters after launching the first GTG seminar here

Peer lending for small businesses

Platform also presents investors with an option to tap into the SME market

A different opportunity: Wong says P2P offers investment opportunities into SMEs of various sizes across key industries.

Stern action needed against those misusing public funds

JOHOR BARU: Business organisations want the Government to take stern action against trustees who misuse public funds.

Diary Malaysia Friday Sept 15

KUALA LUMPUR: ALL TIMES ARE PROVISIONAL AND IN LOCAL TIME FOLLOWED BY GMT IN BRACKETS

FRIDAY, SEPTEMBER 15  KUALA LUMPUR- Transport Minister and MCA president Liow Tiong Lai launches The Malaysia Book of Records – Business Edition at Dewan San Choon, Wisma MCA, Jalan Ampang at 1400 (0600 GMT)  KUALA LUMPUR- Deputy Minister of International Trade & Industry Malaysia Ahmad Maslan at the High Impact Programme 5: Medical Device Initiative, SME Corp Malaysia, KL Sentral at 1000 (0400 GMT)

Branching out into food sauce production

International Trading Profile goes from trading in resin and special chemicals to making homemade sauces.

(Left) Koh (right) giving an employee a few pointers at the office. — ASRI ABDUL GHANI/The Star

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