Malaysia SME

Malaysia’s construction sector hits remarkable growth this year: Nanta

KUALA LUMPUR: Malaysia’s construction sector has recorded remarkable growth this year with an impressive 9,144 projects taking flight as of September, said Works Minister Datuk Seri Alexander Nanta Linggi. He said those endeavours represent substantial investments of RM63 billion dedicated to private initiatives and RM84 billion for government projects. According to Nanta, about 91 per… Source link

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CIMB Niaga on a stronger foundation but faces a tougher road ahead

This article first appeared in The Edge Malaysia Weekly on November 6, 2023 – November 12, 2023 IT has been a long journey of change and transformation for PT Bank CIMB Niaga Tbk, the 92.5%-owned subsidiary of Malaysia’s CIMB Group Holdings Bhd. Weighed down by asset quality issues previously, particularly in its corporate loan book, the sixth largest bank by assets in Indonesia has made… Source link

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Which Jobs Earn The Highest Salaries In Malaysia?

high salaries jobs Despite the best money-saving practices, sometimes the most practical way to keep up with the costs of living is to increase your income. For some Malaysians, that could mean creating a side income stream. For those of us who can’t expend that sort of time or energy, it could mean having to rely on a high-paying job. But as we grapple with the current global economic… Source link

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September Apparel and Textile Imports Down 4.5% – Yahoo

Apparel and textile imports to the U.S. declined 4.5 percent, or 8.4 billion square meters equivalent (SME) in September of this year versus 8.8 billion SME a year earlier, according to the Office of Textiles and Apparel of the U.S. Department of Commerce[1] (OTEXA). Those numbers were a marked difference from the first nine months of 2023 compared with the first nine months of 2022, where the… Source link

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SME Corp, Funding Societies launch bumiputera MSME financing scheme

PETALING JAYA: SME Corporation Malaysia, an agency under the Ministry of Entrepreneur and Cooperatives Development, and Funding Societies, the largest unified SME digital finance platform in Malaysia and Southeast Asia, have allocated an initial fund of RM6 million for bumiputera youth entrepreneurs under the newly launched Bumiputera MSMEs Financing Initiative (BMFI). This new funding… Source link

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Malaysia’s SME Corp allocates $1.27M to Bumiputera youth entrepreneurs

SME Corporation Malaysia (SME Corp. Malaysia), an agency under the Ministry of Entrepreneur and Cooperatives Development (MECD) and Funding Societies, a unified SME digital finance platform in Malaysia and Southeast Asia, have allocated an initial fund of MYR 6 million ($1.27 milion) for Bumiputera youth entrepreneurs. Funding Societies said in a statement on Tuesday that the funding… Source link

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WorldFirst to Expand e-commerce digital finance solutions for SMEs in Southeast Asia in 2023-2024

– Solutions to help more Southeast Asia SMEs connect and grow with global e-marketplaces with secure, fast and reliable cross-border payment and financial services – Singapore-based SME clients of WorldFirst reported 70% higher monthly GMV between January and October 2023 SINGAPORE, November 14, 2023–(BUSINESS WIRE)–WorldFirst, a one-stop digital payment and financial services platform for… Source link

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Funding Societies, SME Corp to Disburse RM6M in Financing for Bumiputera MSMEs

SME Corporation Malaysia and SME digital financing platform Funding Societies have launched a new funding initiative called the Bumiputera MSMEs Financing Initiative (BMFI). The BMFI will allocate an initial fund of RM6 million to Bumiputera youth entrepreneurs who participated in SME Corp. Malaysia’s Tunas Usahawan Belia Bumiputera (TUBE) programme that was… Source link

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Hiring the right talent for overseas expansion

FOR small and medium enterprises (SMEs) facing hurdles in their pursuit for overseas expansion and hiring of talent, there is an avenue now for them to address these challenges. This is where global San Francisco-based human resource firm Deel comes into the equation. Source link

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