KUALA LUMPUR, MALAYSIA / ACCESSWIRE / September 19, 2022 / Greenpro Capital Corp. (NASDAQ:GRNQ) today announced it had launched the World’s first Shariah-Compliant ESG Digital Asset Exchange, Green-X. Greenpro Capital was granted the license to operate such exchange by Malaysia’s Labuan Financial Services Authority (“LFSA”) in April 2022. The launch was officiated by LFSA, International… Source link
Read More »SMEs call for more automation and digitalisation grants
KUALA LUMPUR: Small and medium enterprises (SMEs) are hoping that the government will increase grants and facilities for automation and digitalisation in Budget 2023 to help them transition to Industrial Revolution 4.0 (IR 4.0) and rebound from the pandemic. Datuk William Ng, chairman of the Small and Medium Enterprises Association of Malaysia (Samenta), said a cohesive and structured… Source link
Read More »Not many micro-SMEs in Sarawak apply for alternative financing
Faiz (right) highlights some points during the panel discussion. With him (from left) are Jalil, Kashminder, Syakir and Chew. KUCHING (Sept 18): Very few micro small and medium enterprises (MSMEs) in Sarawak have applied for the alternative financing from SME Corporation Malaysia (SME Corp) over the last three to five years. In stating this, the corporation’s Sarawak regional… Source link
Read More »85% of Malaysian SMEs surveyed have increased their salaries by at least 3% since the pandemic
At the same time, 41% of respondents pay significantly more than the minimum wage, 46% pay slightly more, and 13% pay the minimum wage for entry-level employees. The most valuable asset for a company is having the right person for the right job, suggests BrioHR’s recent SME Employer Sentiment Survey. However, a prominent challenge noted currently for a new or existing business is… Source link
Read More »Free trade zone in Sabah west coast vital for business growth, says SME Association
KOTA KINABALU: The Sabah Small and Medium Enterprises (SME) Association has reiterated its call for a free trade zone (FTZ) to be created in the state’s west coast in addition to the proposed one in the Lahad Datu east coast district. This is after Chief Minister Datuk Seri Hajiji Noor had earlier this month… Source link
Read More »Muhyiddin urges Putrajaya to introduce special moratorium for SMEs struggling to recover post-Covid
Tan Sri Muhyiddin Yassin has proposed today that Putrajaya offer a special moratorium to SMEs. — Picture by Sayuti Zainudin By R. Loheswar Sunday, 11 Sep 2022 11:10 AM MYT KUALA LUMPUR, Sept 11 — Tan Sri Muhyiddin Yassin has proposed today that Putrajaya offer a special moratorium to small and medium enterprises (SMEs). The former prime minister said the sector had yet to fully… Source link
Read More »Govt loan scheme not accessible to SMEs
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
Read More »MEASAT signs multiyear Managed Bandwidth Services contract with Reach Ten
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
Read More »How Malaysia is helping SMEs thrive post-Covid with digital transformation
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
Read More »NCCIM calls for greater efforts in digitalising SME
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
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