Malaysia SME

PETALING JAYA: Small and medium enterprises (SMEs) are vulnerable to floods and more should be done to alleviate the losses they incur from natural disasters, according to a report by the World Bank and Bank Negara Malaysia. SMEs were more likely to report financial damage compared with larger businesses and were also more likely to cite indirect losses due to the impact of floods on their… Source link

SMEs to gain from MyDataHub.ai financial initiative | New Straits Times <!– –> … Source link

This article first appeared in Forum, The Edge Malaysia Weekly on June 3, 2024 – June 9, 2024 The emphasis on pursuing a just transition towards a low-carbon economy has grown in recent years with Malaysia pressing the pedal on renewable energy investment. In our previous article titled ‘ESG meets human capital: Pursuing a just transition’ (The Edge, Issue 1441, Oct 3, 2022), we explored… Source link

Alliance Bank Malaysia Berhad has once again launched its Alliance BizSmart Challenge Accelerator (BizSmart Challenge), marking its tenth anniversary.  This seventh iteration of the challenge, which aims to empower and accelerate the growth of aspiring entrepreneurs, has significantly expanded its eligibility criteria, making it accessible to a broader range of small and medium-sized… Source link

Informa Markets unites the leading BESS companies to accelerate the ASEAN region’s energy transition. Key Highlights of ENERtec Asia 2024: 300+ Exhibitors showcasing the latest in energy technology. 5 International Pavilions featuring global innovations. 10,000+ Attendees from around the world. 50+ Professional speakers delivering insightful presentations.

Govt urged to mitigate losses, provide assistance and streamline claims PETALING JAYA: A long-term strategy to mitigate flood risks is needed to protect small and medium enterprises (SMEs) in light of the frequent occurrence of floods due to climate change. The SME Association of Malaysia emphasised on the… Source link

PETALING JAYA: Small and medium enterprises (SMEs) are vulnerable to floods and more should be done to alleviate the losses they incur from natural disasters, according to a report by the World Bank and Bank Negara Malaysia. SMEs were more likely to report financial damage compared with larger businesses and… Source link

KUALA LUMPUR (June 6): Malaysia Digital Economy Corporation (MDEC) and Dattel Asia Group have launched the MyDataHub.Ai platform to help small and medium enterprises (SMEs) gain access to RM150 million in financing. MyDataHub.Ai connects businesses and partners on the platform. In addition to access to financing options, the platform also allows the exchange of data and strategies, encouraging… Source link

KUALA LUMPUR, June 6 (Bernama) — The risk to asset quality of banks in emerging markets (EM) is generally receding from peaks during or before the COVID-19 pandemic, supported by macroeconomic factors, said Moody’s Rating. It said in a note that EM banks have generally adequate buffers against credit losses, which include pre-provision profitability, credit reserves and… Source link

KUALA LUMPUR, June 6 (Bernama) — Amanah Ikhtiar Malaysia (AIM), an agency under the Ministry of Entrepreneur Development and Cooperatives (KUSKOP), has been recognised as the Best Microfinance Institution in the country. In a post on Facebook, Deputy Minister of Entrepreneur Development and Cooperatives, Datuk R. Ramanan, commended AIM’s managing director, Mohamed Shamir Abdul Aziz,… Source link