Malaysia SME

BY JEFFREY ELAPA The commercial banks and the Superfunds in the country to invest in the credit guarantee corporation schemes to grow the SME sector and stimulate the growth in the economy, the Minister for International Trade and Investment Richard Maru said. He said loan demands in the country exceed more than K500,000 and these kind of money should come from the banks and the superfunds,… Source link

MEASAT Global Berhad (“MEASAT”) – Malaysia’s premier satellite operator, has signed a multiyear contract with Reach Ten Communication Sdn Bhd (“Reach Ten”) for Managed Bandwidth Services, supported by the high throughput satellite (“HTS”) payload on MEASAT-3d (“M3d”). With this contract, Reach Ten will become the largest enterprise satellite service provider in Malaysia in terms of… Source link

Many of Malaysia’s brick-and-mortar SMEs suffered when the pandemic hit and footfall dried up. Digital transformation may be helping them thrive once again. Image: Canva Small and Medium Enterprises (SMEs) in Malaysia had a bleak outlook during the pandemic. Many saw “no hope for recovery”, according to the country’s Small and Medium Enterprise Association. Lockdowns and… Source link

KUALA LUMPUR: The public and the private sectors have been urged to put greater efforts into digitalising small and medium enterprises (SME) with focus on high-growth sectors as digitalisation will be a game changer in Budget 2023, the National Chamber of Commerce and Industry of Malaysia (NCCIM) said. Its treasurer-general Datuk Dr AT Kumararajah said the digital world has accelerated. … Source link

KUALA LUMPUR, Malaysia, Sept. 6, 2022 /PRNewswire/ — The upcoming OGA X MOGSEC 2022 exhibition and conference to be held from 13 to 15 September in Malaysia, marks a strong comeback for the industry. Despite the extreme challenges in the last couple of years due to the COVID-19 pandemic, this year’s event is expected to see the participation of over 260 exhibitors, both local and… Source link

PETALING JAYA: AS businesses gear up for the Budget 2023 announcement that’s expected to be tabled on Oct 7, many small and medium enterprises (SMEs) today have their hands full with rising costs and high inflation rates. Although Malaysia is yet to experience the full onslaught, there are looming… Source link

If you’re looking for financial assistance to start or grow your small business in Malaysia, the SME fund in Malaysia is a great option to consider. There are initiatives by the Malaysian Government that provides funding and financial support to small and medium enterprises (SMEs) in order to help them grow and expand. What is SME business financing and what can you use… Source link

If you’re looking for financial assistance to start or grow your small business in Malaysia, the SME fund in Malaysia is a great option to consider. There are initiatives by the Malaysian Government that provides funding and financial support to small and medium enterprises (SMEs) in order to help them grow and expand. What is SME business financing and what can you use… Source link

PETALING JAYA: Star Media Group Bhd (SMG) launched the inaugural ESG Positive Impact Awards today at Menara Star, with OCBC Bank (Malaysia) Bhd as main sponsor. In pushing forth the environmental, social and governance (ESG) agenda, the awards programme seeks to recognise and showcase Malaysian companies… Source link

CLICK TO ENLARGE PETALING JAYA: A total of 98% of AmBank Group’s small and medium enterprise (SME) clients survived the Covid-19 pandemic and the segment continues to be one of the main growth engines for the lender despite the increasing challenges in the business environment. AmBank group managing director… Source link