Malaysia SME

eBay Assists Malaysian SMEs To Export To An Average of 30 International Markets

eBay’s “Southeast Asia Small Online Business Trade Report 2022” showed that 68% of eBay-enabled small businesses in Southeast Asia exported to 10 or more international markets in 2020 – spurring the growth of global retailers eBay empowers Malaysian SMEs to be global traders, keeping their businesses in balance amid uncertainty Top five categories for Malaysian SMEs on eBay are… Source link

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Malaysian SME on eBay export to an average of 30 international markets

PETALING JAYA: Malaysian small and medium enterprises (SME) on eBay export to an average of 30 international markets, with the United States, the United Kingdom, Australia, Germany, Canada, Italy, France, Japan, China, and Spain emerging as the top markets. The top five categories for Malaysian SME on eBay are auto parts, home & garden, health & beauty, cellphones and accessories, and… Source link

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Stats Dept: SME’s GDP 1.0pc up in 2021 but slower than Malaysia’s 3.1pc

Chief statistician Datuk Seri Mohd Uzir Mahidin said generally, the growth of SMEs’ GDP will exceed Malaysia’s GDP but since 2020, the SMEs’ GDP has recorded slower growth than Malaysia’s GDP. ― Picture by Yusof Mat Isa Wednesday, 27 Jul 2022 1:54 PM MYT KUALA LUMPUR, July 27 ― Malaysia’s small and medium enterprises’ (SMEs) gross domestic product (GDP) in 2021 increased… Source link

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SME association supports early ratification of CPTPP

Tuesday, 26 Jul 2022 7:00 PM MYT KUALA LUMPUR, July 26 — The Small and Medium Enterprises Association of Malaysia (Samenta) has sought the government to ratify the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) as soon as possible following the release of the cost-benefits analysis by PricewaterhouseCoopers (PWC). According to a PWC study, Malaysia’s gross… Source link

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Businesses face multiple challenges in Sabah, says Masidi

Masidi (centre), Foo (fifth right), Callee (fourth right), Kai Teck (third left), Poon (fifth left) and others in a group photo at the Sabah roadshow of the PBA2022. KOTA KINABALU (July 25): The multiple challenges businesses face in Sabah have brought out the best in them, said Local Government and Housing Minister Datuk Seri Panglima Masidi Manjun. He said Sabah is slightly… Source link

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Empowering SMEs with solutions for business continuity

KUALA LUMPUR: As post-pandemic Malaysia opens up with more industries resuming their operations, the economy has been hit with new challenges. With rising costs from the US Federal Reserve interest rate hikes to a running inflation, scarcity of resources due to the Ukraine-Russia crisis and a shortage of… Source link

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TIP Report: Industry players cry foul

PETALING JAYA: Industry groups have questioned the report putting Malaysia on Tier 3 in the US State Department’s Trafficking in Persons (TIP) Report for two consecutive years despite much improvement on the ground. They also questioned the credibility of the parties behind the report, the basis, methods of… Source link

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Sales down 30% because of shutdowns, manpower shortage

PETALING JAYA: Lockdowns and manpower shortages have shrunk local small and medium enterprises’ (SMEs) sales by 30%, The Malaysian Insight reports. The group said current sales figures are even lower than pre-pandemic levels. SME Association of Malaysia president Ding Hong Sing reportedly said the movement control orders (MCOs) from March 2020 to last year were the main factors for the… Source link

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SME Corp ensures brand excellence with NMMB

SME Corp Malaysia is committed to ensuring the excellence of Malaysian brands with the National Mark of Malaysian Brand (NMMB) certification programme. Chief executive officer Rizal Nainy said in a statement that as Malaysia’s reopening is set to enter full steam by the third quarter, economic recovery… Source link

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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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