Malaysia SME

STRENGTHENING SMEs – BACKBONE OF THE ECONOMY

SMALL and medium-size enterprises (SMEs) form an integral part of the Malaysian economy as they contribute 38% or more than RM500bil to our gross domestic product (GDP). With 1.15 million of SMEs nationwide, they form 97.2% of the total number of business establishments in Malaysia, employing close to 70% of… Source link

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Smidex targets RM50mil in potential sales

THE Small and Medium Industries Development Expo (Smidex) targets some 10,000 virtual visitors and RM50mil in potential sales through various online activities from now until Dec 23 this year. The recent event at the KL Convention Center was organised by SME Corporation Malaysia (SME Corp) – an agency under the… Source link

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Budget 2022: Initiatives for small and medium enterprises that are key to nation’s economic recovery | Malaysia

People spend time shopping with their families at Genting Premium Outlet shopping mall in Genting Highland during the first weekend of interstate travel restriction lifted on October 16, 2021. — Picture by Miera Zulyana KUALA LUMPUR, Dec 13 — Malaysia’s micro, small and medium enterprises (MSME) were among the sectors most badly hit by the Covid-19 pandemic. Between lockdowns… Source link

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Xero Gold Partner CALTRiX scales up Cloud Accounting adoption in Malaysia

PETALING JAYA, MALAYSIA – Media OutReach – 13 December 2021 – Cloud accounting adoption by Small & Medium Enterprises (SMEs) will grow exponentially over the next three years and we’re scaling up to help more Malaysians streamline their workflow, says Alfred Ang, founder and CEO of CAL Cloud Sdn Bhd (CALTRiX), a Small & Medium Practice (SMP) and leading… Source link

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Malaysia’s CapBay aims to help SMEs grow through its cheap financing solutions

Malaysian small and medium-sized enterprises are struggling to grow. The reason? Much of their cashflow is locked in their supply chain. Enter CapBay, a high-impact financing company that recently passed Endeavor Malaysia’s Local Selection Panel. Endeavor has been leading the global high-impact entrepreneurship movement to drive economic growth and job creation by selecting,… Source link

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An insight on industry outlook and market forecasts

PETALING JAYA: In commemoration of Star Media Group’s 50th anniversary, the StarBiz Summit held on November 25 and 26 was the finale of the group’s #digitalXdata 2021 events. The StarBiz Summit was the avenue for businesses and organisations to learn about the industry outlook and market forecasts of 2022… Source link

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