Business

RM 100 million boost for start-ups in Selangor

[ad_1] The Selangor government’s 2.32 billion ringgit budget for 2021 was presented to the state assembly today. SHAH ALAM: The Selangor government has set aside RM100 million as venture capital for potential startups operating in the state. It is also allocating RM76 million to help residents who have lost their …

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Amcham Says New Labor Policy May Cause Investment Flight

[ad_1] A new labor policy of November 1 gives Malaysians preference over employing foreign workers and expatriate staff. PETALING JAYA: A new government policy on foreign workers could result in US investment being diverted to Malaysia’s neighbors in Asean, the Malaysian Chamber of Commerce said today. “This is a position …

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