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AseanPlus News

New year brings in new laws to spur development

THE coming of the new year has been the catalyst for the introduction of several new laws in China.


Editor: Stress on education and technology the right move

MALAYSIA, by emphasising on education and technology, and encouraging small and medium-size enterprises (SMEs), has adopted the most appropriate stance in the current global trade scenario, where China is rapidly becoming the dominant trading power in Asia, according to I>Time/Imagazine senior editor (business and technology) Jim Erickson.


UBS launching 5 new products this year

UBS Corp Bhd, which expects to list on the Mesdaq market in March, plans to launch five new products this year, one of which will be mid-range software for medium-sized and large companies, said managing director How Teck Sang.


FMM aims to take on role of matchmaker for SMEs

FEDERATION of Malaysian Manufacturers (FMM), in a move to encourage greater consolidations among manufacturers of small and medium enterprises (SMEs), said it is willing to undertake the role as a #147;matchmaker#148; to facilitate mergers and acquisitions among its members.


Govt to pump-prime economy using local funds

THE government plans to finance its proposed pump-priming package, details of which will be disclosed in March, through domestic sources, said Second Finance Minister Datuk Jamaludin Jarjis.


Measures to boost economy

Observers say the economy ultimately requires a stimulus package that covers all initiatives aimed at raising government spending and private consumption.


Ease loans for SMEs, banks told

Commercial banks are still refusing to give in to calls to provide loans to small and medium enterprises (SMEs).


Quantum to push digital products into SME market in Asia Pacific

PERSONAL computer (PC) drive maker Quantum DLTtape Group will push its value and super digital linear tape (DLT) products to the untapped data protection market among small medium enterprises (SMEs) across Asia Pacific.


Small borrowers loans up

LOANS of RM500,000 and below extended by the banking system to small borrowers registered notable increase, accounting for 53% of total loans outstanding as at end of December last year compared with 48% a year earlier, Bank Negara said.


AXA to focus on SMEs

WITH the search for new business in the insurance sector becoming increasingly intensive, many general insurers are discovering for themselves that fresh options sometimes may lie in areas that for far too long have not been adequately tapped.