Malaysia SME

Kuskop to train more MSME entrepreneurs to adopt digitalisation next year

KUALA LUMPUR: The Ministry of Entrepreneur Development and Cooperatives (Kuskop) aims to train as many micro, small and medium-sized enterprises (MSME) as possible towards digitalisation next year to maximise their business potential. Its minister Datuk Ewon Benedick said the business digitalisation exercise will be carried out through several of his agencies including the National… Source link

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Malaysia Introduces ESG Disclosure Guide for SMEs

Capital Markets Malaysia (“CMM”), an affiliate of the Securities Commission Malaysia (“SC”), today launched a Simplified ESG Disclosure Guide (“SEDG”), making Malaysia the first country globally to provide small-to-medium enterprises (“SMEs”) within global supply chains with a streamlined and standardised set of guidelines in… Source link

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SME Corp CEO urges Malaysian MSMEs to embrace digitalisation, close gap in upgrading business operations

KUALA LUMPUR, Oct 19 — Micro, small and medium enterprises (MSME) are encouraged to embrace digitalisation in closing the gap to upgrade their business processes and improve their operations. SME Corporation Malaysia (SME Corp) chief executive officer (CEO) Rizal Nainy said according to recent findings conducted by the corporation, more than 80 per cent of MSME were computerised, in which… Source link

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INTERVIEW: Malaysia Helps SMEs Navigate Complex ESG Frameworks – Regulation Asia

CMM’s Navina Balasingam shares that Malaysia is the first country globally to introduce simplified ESG disclosure guidance for SMEs in supply chains. Get access today Sign up for a free 2-week trial and get instant, unrestricted and unlimited access to Regulation Asia. FREE TRIAL[1] Already taken your free trial? Get in touch with our team and enquire about a subscription… Source link

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SC Malaysia Launches World-First Simplified ESG Disclosure Guide for SMEs

Securities Commission (SC) Malaysia’s affiliate Capital Markets Malaysia (CMM) has launched a Simplified ESG Disclosure Guide (SEDG) to help SMEs within global supply chains disclose ESG data and information. Malaysia is reportedly the first country to do so globally. The SEDG is a set of guidelines that consolidates and simplifies the many complex global and… Source link

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UOB Malaysia launches SME green plan

PETALING JAYA: UOB Malaysia has launched the Jom Transform – Sustainability Accelerator Programme (JT-SAP), which aims to provide small and medium enterprises (SMEs) with foundational knowledge to adopt sustainable practices and accelerate their transition to a low-carbon economy. In a statement, the bank… Source link

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Malaysia consider implementing inheritance tax

Dr Dzul suggests Malaysia consider implementing inheritance tax for increased tax revenue KUALA LUMPUR: It may be time for Malaysia to implement the inheritance tax, which can be a valuable source of tax revenue, says Kuala Selangor member of parliament Datuk Seri Dr Dzulkefly Ahmad. He said the inheritance tax could act as a proper redistributive justice and Malaysia could take a page from the… Source link

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Malaysia releases simplified ESG disclosure guide for SMEs in supply chains

Capital Markets Malaysia (CMM), an affiliate of the Securities Commission Malaysia (SC), has on Wednesday launched a Simplified ESG Disclosure Guide (SEDG), making Malaysia the first country globally to provide small-to-medium enterprises (SMEs) within global supply chains with a streamlined and standardized set of guidelines in relation to environment, social and governance (ESG)… Source link

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Alliance Bank, SME Corp partners to help MSMEs chart their ESG path

KUALA LUMPUR: Alliance Bank Malaysia Bhd and SME Corporation Malaysia (SME Corp Malaysia) signed a Memorandum of Understanding (MoU) to assist MSMEs to adopt environment, social and governance (ESG) practices through a combination of relevant financing and non-financing solutions. The MoU marks the commitment by both parties to continue working together to develop and provide sectoral-focused… Source link

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