mysme

Budget 2024: PM Anwar says govt to improve social protection, GLC governance and debt management

KUALA LUMPUR, Oct 13 ― The government will improve the revenue sustainability, social protection, governance of government-linked companies (GLC) and the country’s debt management, said Prime Minister Datuk Seri Anwar Ibrahim. Advertisement He said several measures would be implemented such as the improvement in the imposition of stamp duty as well as coordinating the tax incentive… Source link

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Budget 2024 must facilitate SME-led innovation

OUR beloved Malaysia competes to occupy a prominent position within the global innovation ecosystem. Its wealth of talent, resources, and opportunities is undeniable, despite facing brain drain and criticism. In light of these obstacles, policymakers must overhaul several fiscal policies. It is advantageous for our small and medium enterprises (SMEs) to be… Source link

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Where’s the honey for MSMEs?

In this episode, we thoroughly explored the invaluable insights and expert guidance provided by industry professionals and esteemed government officials. They will shed light on the myriad ways in which Micro, Small, and Medium Enterprises (MSMEs) can harness the opportunities presented by the 12th Malaysia Plan (12MP) to substantially bolster their competitive edge and fortify their… Source link

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5 proven tips to scale up SMEs, by serial entrepreneur Kevin Lee

On September 27, we attended the Time Digital Masterclass titled “Scaling Up Malaysian Startups“.  During the keynote speaker’s session, we learnt from Kevin Lee, the CEO of Sellercraft. It’s an ecommerce service provider that uses tech and AI to provide merchants with services such as sales reports, inventory reports, and financial analysis.  But even before that, Kevin was already… Source link

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RM100 mil additional allocation a testament to SME Corp Malaysia’s key role in spearheading MSME development

KUALA LUMPUR (Oct 12): The additional RM100 million allocation by the government to SME Corp Malaysia (SME Corp Malaysia), specifically for micro-enterprises, indirectly recognises the agency’s role and contribution in spearheading the development of micro, small and medium-sized enterprises (MSMEs). Chief executive officer Rizal Nainy said the substantial allocation for micro-enterprises… Source link

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A family tragedy hasn’t stopped this Malaysian artist from enjoying the

Sharon Sen, originally from the small town of Kulai, Malaysia, shares her transformative journey from her close-knit hometown to settling in Slovakia. Font size:A–|A+  Comments disabled Growing up in Kulai, Sharon Sen found the confines of formal education stifling. Her candid admission that she didn’t enjoy school, particularly in her secondary years, illuminates the struggle many face when… Source link

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Encouraging growth recorded by MSMEs

JOHOR BARU: Micro, small and medium enterprises (MSME) have recorded a double-digit growth in Gross Domestic Product (GDP) of 11.6% last year, says SME Corp Malaysia chief executive officer Rizal Nainy (pic). Citing data from the Department of Statistics Malaysia, he said this was an encouraging growth recorded… Source link

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70% of SMEs in Southeast Asia Started With Personal Savings: Funding Societies Reveal Key Trends

Around 70 per cent of SMEs (small and medium enterprises) in Southeast Asia started their business with seed money raised from their personal savings and from family and friends’ financial support – particularly in Indonesia, Malaysia and Singapore; according to a new report published by In Southeast Asia, Southeast Asia’s largest unified SME digital finance platform. Funding from… Source link

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Auditor-General’s report: RM16mil in SME grants not spent

KUALA LUMPUR: The Entrepreneur Development and Cooperatives Ministry says that appropriate action is being taken over weaknesses pointed out as in the Auditor-General’s Report 2021, well as its recommendations regarding the Small and Medium Enterprise (SME) programme development grant. Its minister Datuk Ewon… Source link

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Grants for SME development programmes must be monitored effectively

KUALA LUMPUR: Grants for Small and Medium Enterprise (SME) development programmes should be monitored in terms of expenditure performance by the three ministries involved to ensure compliance with financial regulations, says the Auditor-General’s Report 2021. It said the monitoring should be carried out by the Ministry of Entrepreneur Development and Cooperatives, the Ministry of Economy… Source link

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