Malaysia SME

KUALA LUMPUR: Over 5,000 vacancies will be available at the Career Carnival held in conjunction with the three-day Madani Government One Year Anniversary Programme at the Bukit Jalil National Stadium which kicked off on Friday (Dec 8). Performance Acceleration Coordination Unit (Pacu) executive director Ahmad… Source link

Apparel and textile imports to the U.S. increased by 2.8 percent or 8.0 billion square meters equivalent (SME) in October versus 7.8 billion SME a year earlier, according to the Office of Textiles and Apparel of the U.S. Department of Commerce (OTEXA). Those numbers show a marked contrast from the first 10 months of 2023 compared with the same 2022 time frame, where shipments declined… Source link

CYBERJAYA (Dec 7): The role of the Bumiputera Agenda Steering Unit (Teraju) will be restructured by focusing on efforts to scale up competitive Bumiputera enterprises, including upgrading small to medium enterprises. Economy Minister Rafizi Ramli said Teraju is one of the agencies under the Ministry of Economy with a mandate to develop the Bumiputera business and economic ecosystem. “We are… Source link

KUALA LUMPUR: Bursa Malaysia extended yesterday’s downtrend in early trade as investors’ risk appetite was weighed down by cautious market sentiment The benchmark index fell 0.9 of a point, or 0.06% to 1,445.13 at 9.17am. The index opened 2.93 points lower at 1,442.89. Among the losers, Malaysian Pacific… Source link

matchmove, Southeast Asia’s leading embedded finance enabler that acquired Shopmatic in 2022, announced a pivotal partnership with Nityo Infotech Services Sdn Bhd (Nityo) and Digital Perak Corporation Holdings (Digital Perak) to support the digitalisation of small and medium enterprises (SMEs) in the state of Perak in northwest Malaysia…. Source link

PETALING JAYA: Hong Leong Bank Bhd (HLB) expects to achieve overall loan growth of 7% to 8% under its mid-term transformation plan, spanning three to five years. The target is not a significant bump up from the bank’s expected loan growth of 7% for its financial year ended June 30, 2023 (FY23), analysts said. … Source link

“   A2Z Market Research has published a report that represents the process of collecting, analyzing, and interpreting data about a SME Insurance market. This is a crucial step in developing a business strategy or launching a new product, as it helps companies to gain a deeper understanding of the SME Insurance market, identify customer needs and preferences, and assess competition in the… Source link

SEBA 2023 Central Grand was a night of celebration for many in the local entrepreneurship and SME community. 30 individuals were spotlighted, along with 10 companies. Wins, culture, and the spirit of unity were championed. Minister of Entrepreneur Development and Cooperative, Ewon Benedick, and Khairy Jamaluddin were in attendance, and mid-event, the latter graced the audience with a succinct… Source link

This article first appeared in The Edge Malaysia Weekly on November 27, 2023 – December 3, 2023 MANY of the country’s development financial institutions (DFIs) and government-linked companies (GLCs) have become too risk averse and are just “cruising”, says Tan Sri Nazir Razak. “One concern I have of GLCs and DFIs today is that [they] are no longer taking risks. There’s a lot of… Source link

This article first appeared in The Edge Malaysia Weekly on November 27, 2023 – December 3, 2023 CONSTRUCTION industry players are in a bind. Post-pandemic, smaller contractors have had to contend with higher costs of doing business as they compete for foreign workers, as well as pay higher prices for building materials, eating into their already thin margins. At the same time, contractors… Source link