Malaysia SME

HONG KONG, Aug 29, 2024 – (ACN Newswire) – CanSino Biologics Inc. (CanSinoBIO) today disclosed its performance report for the first half of 2024, with revenue reaching 303 million yuan, while losses were substantially reduced. The meningococcal conjugate vaccines demonstrated robust growth, particularly the Group ACYW135 Meningococcal Conjugate Vaccine (CRM197), known as MCV4 or Menhycia®. As… Source link

KUALA LUMPUR (Aug 29): Malaysian small and medium enterprises (SMEs) should explore various methods to leverage 5G network connectivity for their businesses, according to telecommunications company Ericsson. Its regional enterprise lead for Southeast Asia, Oceania and India, Yasin Khan highlighted that SMEs have alternatives to the private networks currently favoured by larger… Source link

SHENZHEN, China, Aug. 29, 2024 /PRNewswire/ — UTime Limited (NASDAQ: WTO) (“UTime” or the “Company”), which continues to build on its strengths in the global healthcare sector, has announced that it has commenced a comprehensive financial and legal due diligence on Bowen Therapeutics Inc (“Bowen Therapeutics”), which it intends to acquire. The move marks an… Source link

BD-Malaysia FTA promises well for bilateral trade, envoy DHAKA, Aug 29, 2024 (BSS) – Malaysian High Commissioner in Dhaka Haznah Md Hashim has said that the potential Malaysia-Bangladesh Free Trade Agreement (FTA) is promising to further strengthen the trade between the friendly nations.    “A Malaysia-Bangladesh Free Trade Agreement (FTA), would augur well for… Source link

SME stocks took a beating on Thursday, with 43 of SME IPO index constituents falling against 13 that ended higher after the market regulator SEBI asked stock investors to be careful and watchful of practices by some of the SME companies and their promoters, post listing. SEBI said some of the listed companies are projecting an unrealistic picture of their operations, with promoters making… Source link

Chan (front, left) shakes hands with Australia-Malaysia Business Council (AMBC) New South Wales (NSW) president Philip Low after the MOU signing ceremony, witnessed by Abang Johari (back, centre), in Sydney, Australia on Aug 29, 2024. Advertisement By DayakDaily Team KUCHING, Aug 29: The Sarawak-Australia Business Chamber (SABC) has officially invited Premier Datuk… Source link

Free Newsletter Get the hottest Fintech Malaysia News once a month in your Inbox Malaysia’s homegrown digital bank, Boost Bank, is set to offer small and medium enterprise (SME) loans starting in October, according to The Edge. This will be rolled out after the completion of loan book transfers from its micro-financing arm, Boost Credit, which is expected by September. Source link

The central bank said there is a need to continue to monitor SMEs’ debt serviceability. The loan growth of Thailand’s banking system slowed to a 0.3% growth year-on-year (YoY) in Q2 2024, according to data from the Bank of Thailand (BOT). Loans extended to small and medium enterprises (SMEs) continued to contract, whilst consumer loans expanded at a slower pace due to rising… Source link

Natural Resources and Environmental Sustainability Minister Nik Nazmi Nik Ahmad (front row, centre) at the ESG PIA 2023 awards held at Sheraton Petaling Jaya, August 21, 2024. Joining him are (front row, from left) Star Media Group (SMG) chief business officer Lydia Wang, SMG chief executive officer Chan Seng Fatt, Investment, Trade and Industry Ministry (Miti) secretary-general Datuk… Source link

Despite major markets like China and Japan, per capita spending remains modest. Asian insurance markets are projected to see significantly lower per capita spending compared to the United States, with a considerable gap expected to widen in the coming years. Data from AltIndex.com highlights that by 2028, Americans will spend an average of $15,000 annually on… Source link