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The China Securities Regulatory Commission has given approval to the Shenzhen Stock Exchange to set up the long-awaited special board for small- and medium-sized enterprises (SMEs), providing them with a platform to raise much needed capital to finance their businesses.
MALAYSIA'S online market is expected to reach RM9.4bil by the end of 2005, said Deputy Entrepreneur Development Cooperatives Minister Datuk Kamsiyah Yeop.
KarenSoft Technology Bhd, a home-grown enterprise resource planning (ERP) solutions provider, is set to market its products in Thailand, and then Indonesia, as part of its expansion plan over the next few years.
BUDGET 2005 needs to be more aggressive in promoting private investment to enable Malaysia achieve the forecast 6% gross domestic product (GDP) growth, according to he Asian Strategy Leadership Institute (Asli).
MESDAQ-LISTED Global Soft (MSC) Bhd has reported a 32% increase in net profit to RM1mil on revenue of RM1.83mil for its first quarter ended March 31.
UNITED Overseas Bank (M) Bhd's (UOB) interest-free loan for business insurance premiums, BizInsure, in collaboration with Uni.Asia General Insurance Bhd is expected to double the bank's bancassurance business insurance premium contribution to RM20mil for the financial year (FY) ending March 31, 2005, said Uni.Asia General Insurance chief executive officer Hashim Harun.