TnG Group partners Finance Ministry, MDEC to accelerate e-commerce, online shopping | Malay Mail

2/7/2021 6:49:00 PM

TnG Group partners Finance Ministry, MDEC to accelerate e-commerce, online shopping | Malay Mail

E-Commerce, Online Shopping

TnG Group partners Finance Ministry, MDEC to accelerate e-commerce, online shopping | Malay Mail

KUALA LUMPUR, July 2 — Touch ‘n Go Group (TnG) announced its partnership with the Ministry of Finance (MoF) and Malaysia Digital Economy Corporation (MDEC) to drive Budget 2021 initiatives via the Go-eCommerce Onboarding and Shop Malaysia Online (SMO) campaigns. In a statement today, the group...

Friday, 02 Jul 2021 07:36 PM MYTKUALA LUMPUR, July 2 — Touch ‘n Go Group (TnG) announced its partnership with the Ministry of Finance (MoF) and Malaysia Digital Economy Corporation (MDEC) to drive Budget 2021 initiatives via the Go-eCommerce Onboarding and Shop Malaysia Online (SMO) campaigns.

In a statement today, the group said the SMO campaigns will run from July 1 to Dec 31, 2021, to support local businesses and encourage online purchases.TNG Digital Sdn Bhd chief executive officer Ignatius Ong said through the onboarding campaign, each micro enterprise, small and medium business or Malaysian individuals (without a business registration) that successfully register with TnG eWallet during the campaign period will be entitled to a RM20 subsidy for their first successful sale transacted.

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FMHB Group gets tax incentive nod on condition it invests at least RM245m | Malay MailKUALA LUMPUR, June 30 — Freight Management Holdings Bhd’s (FMHB) wholly-owned subsidiary FM Global Logistics (M) Sdn Bhd (FMGLM) is required to invest at least RM245 million for the development of an e-commerce fulfilment hub in Shah Alam, Selangor, to qualify for the Investment Tax Allowance....

TnG Group partners Finance Ministry, MDEC to accelerate e-commerce, online shopping Friday, 02 Jul 2021 07:36 PM MYT KUALA LUMPUR, July 2 — Touch ‘n Go Group (TnG) announced its partnership with the Ministry of Finance (MoF) and Malaysia Digital Economy Corporation (MDEC) to drive Budget 2021 initiatives via the Go-eCommerce Onboarding and Shop Malaysia Online (SMO) campaigns.FMHB Group gets tax incentive nod on condition it invests at least RM245m Wednesday, 30 Jun 2021 09:08 PM MYT KUALA LUMPUR, June 30 — Freight Management Holdings Bhd’s (FMHB) wholly-owned subsidiary FM Global Logistics (M) Sdn Bhd (FMGLM) is required to invest at least RM245 million for the development of an e-commerce fulfilment hub in Shah Alam, Selangor, to qualify for the Investment Tax Allowance.Telegram channel for the latest updates.Leave a Comment The Malaysian Academic Movement (GERAK) called on the government today to distribute the rest of the 150,000 laptops promised to students by the Ministry of Education (MoE) in February and to vaccinate teachers as soon as possible.

In a statement today, the group said the SMO campaigns will run from July 1 to Dec 31, 2021, to support local businesses and encourage online purchases. TNG Digital Sdn Bhd chief executive officer Ignatius Ong said through the onboarding campaign, each micro enterprise, small and medium business or Malaysian individuals (without a business registration) that successfully register with TnG eWallet during the campaign period will be entitled to a RM20 subsidy for their first successful sale transacted. The letter stipulated that FMGLM is required to make investments in capital expenditure related to integrated logistics services activities, including e-commerce fulfilment hub activities, of at least RM245 million, FMHB said in a filing with the stock exchange. This is limited to the first 80,000 new TnG eWallet merchants approved within the campaign period. “The various movement control orders notwithstanding, MoE should have assessed the situation and worked out a strategy to get the devices to the needy students. Meanwhile, he said the SMO campaign, in which TnG eWallet is participating for the second time, will help drive the government incentives to entice new and current users to shop digitally. “The tax incentive is expected to contribute positively to the future earnings of the group,” it said. “In these trying times and through such consumer campaigns, our expanding user base provides small traders the opportunity to sustain, if not thrive, especially as consumers move towards online shopping and contactless transactions,” he added. It said the government must consequently enable schools and education-related institutions to reopen as soon as possible by prioritising vaccinations for teachers.

— Bernama Related Articles . It said the government must consequently enable schools and education-related institutions to reopen as soon as possible by prioritising vaccinations for teachers.