Industry in Malaysia

  • The Malaysian small and medium enterprise(SME) sector

    MALAYSIA, 2013/12/22 The Malaysian small and medium enterprise(SME) sector is expected to continue on a sustained increase path and expand further in 2014, supported by sustained domestic request, higher tourism activities and development in exports. A recent survey by SME Corp Malaysia showed that additional than 50 % of respondents expected better performance next year. "In addition, the government through the 2014 Budget has taken the necessary measures to ensure that the SMEs are not adversely affected by the ongoing policy reforms.

  • Malaysian automotive industry players

    MALAYSIA, 2013/12/22 Malaysian automotive industry players are looking forward on the outlook for the industry next year at the same time as the National Automotive Policy (NAP) will be unveiled in January 2014. The long-awaited policy is expected to focus on further initiatives for the the electric vehicles (EVs) in the Energy Efficient Vehicle (EEV) segment. Industry players have been hoping for government funding for the EVs following significant success in the hybrid car segment. "Unfortunately, there has been no automobile-related matters mentioned in the 2013 and 2014 Budgets tabled by Prime Minister Datuk Seri Najib Tun Razak.

  • SME Corp Malaysia says 25% of the local SMEs will have global market business

    MALAYSIA, 2013/10/13 SME Corp Malaysia says 25 % of the local small and medium enterprises (SMEs) will have world market business networking by 2020, its Chief Executive Officer Datuk Hafsah Hashim said Saturday. To date, 19 % of the local companies have established networking in foreign markets, with food and beverages segment making up the majority market, she said. With the government's decision to establish the Malaysian World Innovation and Creative Centre (MaGIC), Hafsah said: "We can increase local entrepreneurs' opportunities to due penetrate the world market.

  • New Malaysia strategies aim to spur rubber sector

    MALAYSIA, 2013/04/29 The Malaysian Rubber Board (MRB) is planning to launch a second edition of strategies for the local rubber industry within the next few months in view of new challenges and prolonged issues in the thriving industry, according to director-general Dr. Salmiah Ahmad.

  • Malaysia's reported online scams down by 50 %

    MALAYSIA, 2013/04/29 Malaysia has reported a nearly 50-% drop in reported online scams to 714 cases in the prime quarter of 2013 from 1,321 cases in the same period last year. Bank Negara, which provided these figures yesterday, refers to online scams as credit card frauds and Internet frauds such as “phishing” scams. 
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