RM23.07 Bil Potential Investments, Local Fintech Growth, Economy Rises 5.6%, KL To Be Hub Start-Up Hub, Among Salient Headlines

Japan Mission: MITI Secures RM23.07 Billion Of Potential Investments, RM2.1 Billion Of Potential Exports

The Ministry of Investment, Trade and Industry (MITI) successfully secured a total of RM23.07 billion potential investment and RM2.1 billion potential exports of products  and services following the recently concluded Trade and Investment Mission (TIM) to Japan led by Minister of Investment, Trade and Industry (MITI) Tengku Datuk Seri Utama Zafrul Aziz recently.

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VentureTech Catalyses Growth In Local Fintech Industry With Investments In Bayo Pay

VentureTECH SBI Sdn Bhd and VentureTECH Sdn Bhd have invested RM7 million and RM3 million respectively in Bayo Pay (M) Sdn Bhd (Bayo Pay), a licensed Mastercard Non-Bank E-Money Issuer to assist the Company in growing its core business and further enhancing its B2B2X white label Digital Payment-as-a-Service solutions to support the growth of local financial technology (Fintech) startups in Malaysia.

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Integrated Foreign Skilled Worker Visa System, Performance-Based Contracts To Ease Foreign Employment, Helps Growth, Says Rafizi

The issue of skills and talent in Malaysia, especially in the digital and technology sectors, is one of the catalysts for economic growth. This issue is also an obstacle faced by Malaysian companies towards growth, which also results in a lack of high-paying and high-value work.

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Malaysia’s Economy Expands By 5.6% On Labour Market Stability, Domestic Demand, Says DOSM

The country’s economy in the first quarter (Q1) of 2023 expanded by 5.6 per cent, a better-than-expected growth after recording a growth of 7.1 per cent in the previous quarter with the Services sector continued driving the growth upwards.

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Millennial Home Buyers Expected To Increase By Year-End, Says Juwai IQI

Millennials purchasing residential real estate in Malaysia have significantly increased compared with last year and are expected to continue rising until 2024, said Juwai IQI in a survey.

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Malaysia Attracts RM71.4 Billion In Approved Investments For 1Q2023, Says MIDA

Malaysia attracted approved investments worth RM71.4 billion in the manufacturing, services and primary sectors for the first quarter (1Q) of 2023, according to the Malaysian Investment Development Authority (MIDA).

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The Rise Of Our Nation Goes Hand-In-Hand With Our Workers’ Welfare

Many people observe Labour Day as yet another holiday on the calendar. But for a Malaysian economist, the celebration marks the 16.2 million workers that drive the national economy.

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Rafizi: Kuala Lumpur To Move Towards Being Hub For Start-Ups To Raise Investment, Digital Talent

One of the main functions of the Ministry of Economy is to restructure the national economy by developing high-value strategic industries that are capable of stimulating investment and offering high-paying jobs to the people.

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