Malaysia SME

Favourable employment & economic outlook for Malaysia’s SMEs in the coming quarters

A recent study on SMEs in the country saw a 6% increase in recruitment in Q2 2022, versus a 5% increase in Q1 2022 over the previous quarters, signaling optimism towards further growth in the next few months. Malaysian small and medium-sized enterprise (SME) owners are optimistic about their future economic and business growth prospects, and have been hiring aggressively. In fact,… Source link

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SMEs forced to decline orders

SMALL and medium enterprises (SMEs) are facing lower profit margins as they have to decline large orders due to the ongoing labour crunch. SME Association of Malaysia (SME Malaysia) president Ding Hong Sing explained that besides higher production costs arising from pricier raw materials as well as supply chain… Source link

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How Malaysia is helping SMEs thrive post-Covid with digital transformation

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 disrupted supply chains hit the world’s economy hard, but SMEs suffered more than most with their limited cash flow and reliance on brick-and-mortar operations. But as the… Source link

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Precession Capital resolute in mission to accelerate and scale-up M’sian SME businesses

Nash Idrus   KUCHING: Precession Capital Bhd (PCB), an emerging entrepreneur training and investment management firm with expertise in financial strategies is resolute in its mission to accelerate and scale-up Malaysian small and medium enterprise (SME) businesses. Since its inception in 2016, PCB has been exceptionally focused on delivering outstanding and long-term results… Source link

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Strengthening economic ties with Malaysia, one of main priorities of Georgia’s foreign policy agenda

KUALA LUMPUR: Strengthening economic ties with ASEAN countries and particularly with Malaysia is one of the main priorities of Georgia’s foreign policy agenda, said Georgia’s ambassador to Malaysia Nikoloz Apkhazava (pix). In an interview with Bernama, Apkhazava said the potential for economic cooperation between Georgia and Malaysia is vast and diverse. The ambassador pointed out that… Source link

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CDC woos Malaysia firms hungry to invest in Cambodia

PHNOM PENH (The Phnom Penh Post/Asia News Network): A top investment official on July 5 reassured the Malaysian business community that the Cambodian government would continue to treat local and foreign investors fairly, and that the new Law on Investment offers a host of tax incentives and other benefits. Sok… Source link

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CDC woos M’sia firms hungry for Cambodia

Council for the Development of Cambodia (CDC) secretary-general Sok Chenda Sophea (centre) speaks at the Interactive Luncheon on July 5. cdc A top investment official on July 5 reassured the Malaysian business community that the Cambodian government would continue to treat local and foreign investors fairly, and that the new Law on Investment offers a host of tax incentives and other… Source link

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TikTok empowers SME Growth

Sellers, Zucca, Gdeal and Treeskin Beauty share their experience using the platform TikTok Shop, the e-commerce solution from the leading destination for short-form mobile videos, TikTok, is encouraging more local brands to stand out in today’s competitive marketplace through creative representation of their products via TikTok Shop in conjunction with Micro-, Small and Medium Enterprises… Source link

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