While various measures have been put in place to elevate the small and medium enterprise (SME) sector to a higher level, it still trails behind in digitalisation. A recent report, Malaysia Economic Monitor February 2023: Expanding Malaysia’s Digital Frontier, unveils a significant digital divide among… Source link

KUALA LUMPUR (Jan 18): Malaysia’s small and medium enterprises (SMEs) view 2024 as a year of growth despite concerns about rising costs and inflation, Employment Hero’s SME Sentiments Report revealed on Thursday. The survey, which polled 540 business leaders across Malaysian SMEs in November-December 2023, found that an impressive 79% of respondents are confident about the growth prospects… Source link

[This is a sponsored article with Sidec.] On December 10, 2023, five Malaysian brands returned from a week-long overseas business trip in Hangzhou, China. Facilitated by Selangor Information Technology and Digital Economy Corporation (Sidec), the expedition was part of the Selangor E-Commerce Xccelerator Programme 2023 (ECX23). Briefly, the ECX23 programme aims to provide ecommerce… Source link

  Finally, after being bombarded by countless Galaxy AI ads and teaser posts on social media over the past week, the Galaxy AI is now officially announced by Samsung. This marks a new chapter in the smartphone industry as our pocket-friendly mobile phone enters the artificial intelligence era. “You guys will not be disappointed” Steve Chan, Senior Product Manager… Source link

QSR (Quick Service Restaurant) chain Wow! Momo Foods, which runs Wow! Momo, Wow! China and Wow! Chicken, has raised over Rs 350 crores (around $42 million) from Malaysia’s sovereign wealth fund Khazanah Nasional Berhad. Khazanah will put the amount through primary infusion as well as secondary purchase from Wow! Momo’s early-stage investors including angel investors from Indian Angel… Source link

by Fintech News Singapore January 16, 2024 Southeast Asian SME financing platform Validus has secured US$10 million in debt financing from debt finance provider Lendable. According to Lendable, the investment was made as it… Source link

NEW YEAR’S resolutions are not only for people but also for businesses. After a tumultuous year of both opportunities and challenges, many companies are eager to bid goodbye to 2023 and move forward to a brighter year ahead. Starting a new year allows us time to reflect, learn and evolve to make 2024 a more rewarding year for you and your company. What is important is that we take our… Source link

residential candidate Ganjar Pranowo said he had prepared three strategies to ensure that Indonesian small and medium enterprises (SMEs) can participate in the global economy. During the Thursday dialogue between Ganjar and the Indonesian Chamber of Commerce and Industry (Kadin), the… Source link

New joint SEZ plan can bring another economic peak, say groups PETALING JAYA: The implementation of the Kuala Lumpur-Singapore High-Speed Rail (HSR) should be expedited following the agreement between both countries to jointly develop a special economic zone (SEZ) in Johor, say stakeholders. Malaysian business chambers and… Source link

PETALING JAYA: Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) aims to approve RM4bil in financing in 2024, with RM2.5bil aimed at propelling growth for more than 1,000 local small and medium enterprises (SMEs). Chief executive officer Datuk Aria Putera Ismail said the bank approved a total of… Source link