Malaysia SME

Malaysia needs integrated policy, institutional support framework in digitalising SMEs, says Mustapa

KUALA LUMPUR (Oct 6): The government and the World Bank have acknowledged that Malaysia needs an integrated policy and institutional support framework in digitalising small and medium enterprises (SMEs).  Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed said the government also recognised the need to reform the digitalisation agenda by further strengthening… Source link

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Cover Story: Captains of industry detail businesses’ most pertinent requests for Budget 2023

Tan Sri Soh Thian Lai President Federation of Malaysian Manufacturers   As manufacturing activities must continue to be the catalyst of growth, main contributor to exports as well as main source of demand for output from the other economic sectors, FMM requests for support in the following areas:   Trade support •  The FMM Industrial Linkage Programme (ILP), as it will assist our small… Source link

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TBWA Malaysia Appointed Agency of Record for Tune Protect

Tune Protect, Malaysia’s mobile-first digital lifestyle insurer has awarded TBWAMalaysia the creative business portfolio, the agency confirmed today. TBWAMalaysia is the first creative agency Tune Protect has appointed, with the objective to create a cohesive sustainable brand positioning aligned with their brand’s goal of being the preferred lifestyle insurer for Millennials, Gen Z and… Source link

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e-commerce growth: Covid pandemic hot-housed e-commerce growth across AMEA region: Survey

MUMBAI: The pandemic has hot-housed e-commerce growth across the AMEA region with India no exception to the trend, according to a survey, which suggests that a majority of Indian SMEs feel that the boom in the segment will continue. Polled on small and medium sized enterprises (SMEs) and consumers in India, and 10 other markets in the Asia Pacific, Middle East and Africa region (AMEA, the… Source link

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PJMKM helps SME traders to revive business

SEREMBAN: After almost giving up his business, Shahril Salamon found a lifeline to revive his fresh market operation in Senawang with the ongoing Keluarga Malaysia (Malaysian Family) Cheap Sale Programme (PJMKM). The 36-year-old trader said PJMKM not only helps the community get quality goods at reasonable prices but also helps small and medium traders (SMEs) like him to continue business in… Source link

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Fedex: E-commerce opportunities set to grow for SMEs under ‘new normal’: FedEx

The latest e-commerce trends from a research commissioned by FedEx Express, a subsidiary of FedEx Corp, and one of the world’s largest express transportation companies, shows that both Small and Medium sized Enterprises (SMEs) and consumers agree that there’s room for further growth in the already booming e-commerce sector. 83% of Indian consumers have purchased more from e-commerce… Source link

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Digital-Banking Development Is Essential for Boosting Financial Inclusion in ASEAN

By John Manning, International Banker   “Bank Negara Malaysia (BNM) wishes to announce the five successful applicants for the digital bank licences as approved by the Minister of Finance Malaysia,” Malaysia’s central bank declared on April 29. The granting of the first five digital-banking licenses in the country from a total of 29 applicants meant that Malaysia had become just… Source link

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SMEs in APAC spent more on technology in 2021 than ever before

UOB: SMEs in APAC spent more on technology in 2021 than ever before. Source: Shutterstock In the Asean SME Transformation Study 2022 by UOB, 66% of SMEs surveyed said they spent more on technology through 2021 compared with previous years. The survey was concluded in the first quarter of this year with 1,500 SMEs from Singapore, Malaysia, Indonesia, Thailand and Vietnam interviewed. Small… Source link

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SMEs tap into global halal mart through Alibaba app | Daily Express Online

SMEs tap into global halal mart through Alibaba app Published on: Tuesday, September 27, 2022 By: Bernama Text Size: Alibaba.com Asia Pacific head of marketing and business development Nianci Phang said with a shift of B2B buyers towards e-commerce, as a legacy of the global pandemic, they have seen growth in halal products enquiries. Kuala Lumpur: Malaysian small and… Source link

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CIMB commits RM30b to financing for SME by 2024

KUALA LUMPUR: CIMB Group Holdings Bhd is committed to extending RM30 billion in financing to small and medium enterprises (SME) by 2024 through collaborations with credit guarantee agencies Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) and Credit Guarantee Corp Malaysia Bhd (CGC). This will spur the acceleration of SME growth as businesses continue to take advantage of the opportunities… Source link

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