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PETALING JAYA: The Malaysian Indian Network of Entrepreneurs Association (1MINE) hopes that the upcoming Budget 2019 will provide more allocation and incentives for main sectors such as education, entrepreneurship, health, agriculture and affordable housing.
GROWTH is seen to be slowing. Earlier, Bank Negara lowered Malaysia’s economic growth forecast for 2018 to 5% from its earlier estimate of 5.5% to 6%. Between 2018 and 2020, economists are expecting gross domestic product (GDP) growth to be in the range of 4.5% to 5.5%, against the earlier forecast of 5% to 6%.
WHEN Amazon.com Inc bought Whole Foods for US$13.7bil last year, anyone watching grocery-delivery upstart Instacart Inc was just about ready to stick a fork in it. But the San Francisco-based startup maintained a more optimistic outlook. It said competition from Jeff Bezos’s e-commerce behemoth would actually help it grow.
SIBU: SEGi University and Colleges group is awarding five scholarships to the teachers of SMK Sacred Heart for professional enhancement education.
BEIJING: Alibaba Group has kicked off its 11.11 Global Shopping Festival, an annual online shopping frenzy for consumers worldwide.