Ringgit seen more stable but new rules limit export FX proceeds
NEW initiatives by Malaysia to boost foreign exchange liquidity in the onshore market are expected to result in a more stable ringgit, but could add to business costs for exporters as the flexibility to keep export proceeds in foreign currencies has ...
Malaysia pushes to reduce cash transactions in Cyberjaya
Cyberview Sdn Bhd, Malaysian Global Innovation & Creativity Centre (MaGIC), and Mastercard recently signed an agreement to roll out a series of initiatives to reduce cash transactions in Cyberjaya, a science park that forms a key part of the Mult...
When the going gets tough ...
The ringgit is edging close to its all-time low against the US dollar, but SMEs are still resilient at this level given the vibrant, albeit challenging, market, reports JOY LEE. WHILE small businesses continue to struggle with higher import c...
Selangor to position itself as regional business, training hub
KUALA LUMPUR: With Malaysia centrally located in Asean, Invest Selangor chief executive officer Hasan Azhari Idris wants to make Selangor the business and trading hub of the region within the next few years. “We want to promote Selangor as t...
Transforming rural areas through agriculture
Rural areas in Sarawak stands to gain from agriculture development due to its huge amount of land which is rich in bio-resources. As the largest state in Malaysia, potential is rife in Sarawak’s 2.0 million hectares (ha) of land for agricult...