Business confidence in Malaysia has increased in the first quarter of 2017 as the economy benefits from rising commodity prices and improving trade prospects, according to the latest edition of the Global Economic Conditions Survey released today.
The quarterly survey of global CFOs and finance professionals, conducted by ACCA (the Association of Chartered Certified Accountants) and IMA (the Institute of Management Accountants), has found that global economic sentiment has risen to its highest levels since 2015 amid promising signs of a sustained recovery.
Kuala Lumpur, April 12 – Grab, Southeast Asia’s leading ride hailing technology company, and Malaysia Digital Economy Corporation Sdn. Bhd. (MDEC) together with the World Bank Group launched the OpenTraffic initiative in Malaysia, which provides traffic data from Grab’s GPS data streams to address traffic congestion and improve road safety in major Malaysian cities.
OpenTraffic provides Malaysia’s traffic management agencies and city planners with access to an open dataset to better manage traffic flow and make investment decisions on local transport infrastructure.
Kuala Lumpur, April 5 — Cost reduction and managing risk top the list of procurement leaders’ business priorities in 2017, according to Deloitte’s annual global Chief Procurement Officer (CPO) survey.
With uncertainty and growth ambitions being a constant focus in many organisations, the number one priority for 79 per cent of CPOs is reducing costs. This is closely linked to 48 per cent wanting to increase cash flow to help fund growth.