SME Association of Malaysia president, Ding Hong Sing said fewer work hours in Malaysia will result in less output and subsequently higher prices in the market as companies still need to cover their fixed costs. “For example, if you make 100,000 products in one week when you shorten the working days, it will become 80,000. “But we still need to pay salaries and rent so we will need to… Source link

PETALING JAYA: It would not be possible for Malaysia as a developing country, to implement the four-day work week as the country is currently facing low productivity and labour problems, say industry players. SME Association of Malaysia president, Ding Hong Sing said fewer work hours in Malaysia will result in… Source link

The registered capital volume and numbers of foreign invested companies with Russian capital, registered in Turkiye from January through May 2022, has increased by nearly five times, compared to the same period of the 2021, according to the Turkish Chamber of Commerce and Industry (TOBB). According to TOBB, this figure reached 347 companies, up by 278. The total capital of the mentioned… Source link

UOB Malaysia and The FinLab to accelerate digital transformation for women-led businesses through Jom Transform Programme The Programme has enabled more than 400 SMEs to embark on their digitalisation journey since 2019 KUALA LUMPUR – UOB Malaysia and The FinLab[1] today announced the fourth edition of the Jom Transform Programme[2]. This year’s programme is set to empower women to transform… Source link

Restructuring June 19, 2022: The Union of Small and Medium Enterprises (UNISAME) has invited the attention of Miftah Ismail federal finance minister to the need to restructure and reinforce the SME Bank without loss of time for the benefit of the neglected underprivileged sector. President UNISAME Zulfikar Thaver said that since it has now been finally decided not to privatize the SME Bank nor… Source link

Local small-to-medium businesses (SMEs) expect a better year starting 2022. According to the Sun Life Business Growth and Resilience Index updated on April 29, 2022 where 2,400 SME owners across Hong Kong, India, Indonesia, Malaysia, Philippines, Singapore, and Vietnam were surveyed in late 2021, 70% of the total SME respondents expect… Source link

Malaysia is a diverse and emerging market full of potential. This INCITE guide is intended for food and drink brands looking for export led growth in Malaysia. Malaysia offers significant export led growth opportunities for food and drink brands, a cosmopolitan Southeast Asian nation with a population of 32 million. Known for its diversity, Malaysia is made up of three main ethnicities;… Source link

When we last spoke to Sesamilk last year​, the Thai firm had just started with its exports to markets such as China, Taiwan, Hong Kong, Japan, Macau and Vietnam based on just two products – white and black sesame milk. Less than two years on, it has expanded its reach into several more markets such as Singapore, Malaysia and the United States, and is now working on significantly expanding… Source link

Kota Kinabalu: Invest Sabah Bhd (ISB) organised an investment briefing for the 60 delegates from small and medium industrial entrepreneur (SME) Malaysia, SME Klang, SME Johor Selatan, SME Perak, SME Malacca and GM Klang Wholesale City.  ADVERTISEMENT Sabah SME President Prof. Foo Ngee Kee, who is also a board member of ISB, extended invitation on behalf of ISB to the six groups of delegates… Source link

Kota Kinabalu: Invest Sabah Bhd (ISB) organised an investment briefing for the 60 delegates from small and medium industrial entrepreneur (SME) Malaysia, SME Klang, SME Johor Selatan, SME Perak, SME Malacca and GM Klang Wholesale City.  ADVERTISEMENT Sabah SME President Prof. Foo Ngee Kee, who is also a board member of ISB, extended invitation on behalf of ISB to the six groups of delegates… Source link