Sunday, November 24

Month: December 2018

The Rapid Growth of Malaysia’s E-Commerce
Finance

The Rapid Growth of Malaysia’s E-Commerce

Malaysia's e-commerce is on a growth trajectory and has already started benefiting the country following the full implementation of 13 key programmes under the National eCommerce Strategic Roadmap's (NeSR) six thrust areas. International Trade and Industry Minister Darrell Leiking said e-commerce value added and contribution to the gross domestic product in Malaysia continuously improved over a period of seven years to RM85.8 billion in 2017 from RM37.7 billion in 2010, with an average annual growth rate of 12.5 per cent. “While the annual percentage change for the period 2015 to 2016 was just 9.9 per cent, 2017 saw a remarkable jump to 14.3 per cent as a result of the nation's efforts in strengthening the e-commerce industry. “The National eCommerce Council (NeCC) headed by both ...
No Mercy For Tabung Haji Fund Embezzlers
News

No Mercy For Tabung Haji Fund Embezzlers

Those found guilty of misappropriating funds, especially if it involves the people’s money, will not be spared, says Minister in the Prime Min­ister’s Department Datuk Seri Dr Mujahid Yusof Rawa. His comments were in reference to police reports lodged by Lembaga Tabung Haji (TH) against the fund board’s former top officials and staff. “If the parties are found guilty, they must face justice to restore the people’s confidence in TH,” Dr Mujahid said in a statement yesterday. TH on Friday lodged two police reports against former chairman Datuk Seri Abdul Azeez Abdul Rahim, former chief executive officers Tan Sri Ismee Ismail and Datuk Seri Johan Abdullah, as well as senior management staff. The senior staff in question are chief operating officer Datuk Adi Azuan Abdul Ghani, chie...