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KUALA LUMPUR: The government, which remains steadfast in the belief that Malaysia will achieve an economic growth of 4.8% this year, expects to see positive effects from its development spending latest by June 2020, according to Finance Minister Lim Guan Eng.
StarBizWeek recently met up with Mida chairman Datuk Abdul Majid Ahmad Khan, who was the former Malaysian ambassador to China.
PUTRAJAYA: PKT Logistics Group Sdn Bhd, a total logistics service provider, has joined hands with the Finance Ministry to develop a RM200mil truck and inland clearance depot (ICD) at the Kota Perdana Special Border Economic Zone (SBEZ).
PETALING JAYA: Taxpayers who have missed the Sept 30 deadline for the Special Voluntary Disclosure Programme (SVDP) can still make voluntary disclosure of their unpaid taxes.
KUCHING: The Sarawak government will impose new state sales tax on the exports of aluminium products and revise the tariff for abstraction of raw water from Jan 1,2020.
Hong Kong is in technical recession, while Singapore narrowly evaded one, charting a growth of a measly 0.1% in the third quarter. The United States, Europe and Britain are all experiencing a slowdown in the economy.
THERE have been accelerated efforts by the government in recent years to promote equity crowdfunding (ECF) and peer-to-peer (P2P) platforms as alternative sources of financing for small and medium-sized enterprises (SMEs) as well as new investment options for the public.
PETALING JAYA: Investor sentiment towards Genting Malaysia Bhd (GenM) is expected to improve as more details emerge on the group’s upcoming outdoor theme park (OTP)
KUALA LUMPUR: Genting Malaysia Bhd should be seeing improved investor sentiment as concerns over a potential gaming tax hike has been lifted following Budget 2020.
KUALA LUMPUR: Small and medium enterprises (SMEs) should act quickly to digitise and automate, as there are a slew of incentives and grants announced under Budget 2020.