Fedex: E-commerce opportunities set to grow for SMEs under ‘new normal’: FedEx

The latest e-commerce trends from a research commissioned by FedEx Express, a subsidiary of FedEx Corp, and one of the world’s largest express transportation companies, shows that both Small and Medium sized Enterprises (SMEs) and consumers agree that there’s room for further growth in the already booming e-commerce sector. 83% of Indian consumers have purchased more from e-commerce… Source link

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Digital-Banking Development Is Essential for Boosting Financial Inclusion in ASEAN

By John Manning, International Banker   “Bank Negara Malaysia (BNM) wishes to announce the five successful applicants for the digital bank licences as approved by the Minister of Finance Malaysia,” Malaysia’s central bank declared on April 29. The granting of the first five digital-banking licenses in the country from a total of 29 applicants meant that Malaysia had become just… Source link

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SMEs in APAC spent more on technology in 2021 than ever before

UOB: SMEs in APAC spent more on technology in 2021 than ever before. Source: Shutterstock In the Asean SME Transformation Study 2022 by UOB, 66% of SMEs surveyed said they spent more on technology through 2021 compared with previous years. The survey was concluded in the first quarter of this year with 1,500 SMEs from Singapore, Malaysia, Indonesia, Thailand and Vietnam interviewed. Small… Source link

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SMEs tap into global halal mart through Alibaba app | Daily Express Online

SMEs tap into global halal mart through Alibaba app Published on: Tuesday, September 27, 2022 By: Bernama Text Size: Alibaba.com Asia Pacific head of marketing and business development Nianci Phang said with a shift of B2B buyers towards e-commerce, as a legacy of the global pandemic, they have seen growth in halal products enquiries. Kuala Lumpur: Malaysian small and… Source link

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CIMB commits RM30b to financing for SME by 2024

KUALA LUMPUR: CIMB Group Holdings Bhd is committed to extending RM30 billion in financing to small and medium enterprises (SME) by 2024 through collaborations with credit guarantee agencies Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) and Credit Guarantee Corp Malaysia Bhd (CGC). This will spur the acceleration of SME growth as businesses continue to take advantage of the opportunities… Source link

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Banks appear eager to provide SME loans as economy recovers — CIMB Bank

KUALA LUMPUR (Sept 26): Banks appear to be eager to provide financing to small and medium enterprises (SMEs) as economic recovery offers better clarity for their risk profile, said Ahmad Shazli Kamarulzaman, CIMB Bank Bhd’s deputy chief executive officer of group commercial banking. “Maybe in the past, during the pandemic time, there was a little bit less [clarity] in terms of [whether]… Source link

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CIMB commits to RM30b SME financing via tie-ups with CGC, SJPP

KUALA LUMPUR (Sept 26): CIMB Group Holdings Bhd aims to extend RM30 billion in financing to small and medium enterprise (SME) businesses via collaborations with credit guarantee agencies established by the Government and Bank Negara Malaysia. The group’s two subsidiaries, CIMB Bank Bhd and CIMB Islamic Bank Bhd, will collaborate with Minister of Finance Inc’s wholly-owned Syarikat Jaminan… Source link

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Digital payments remain a key driver for SME digitalisation, says Amcham

KUALA LUMPUR (Sept 20): Digital payments remained a key driver for digitalisation for small and medium enterprises (SME) in Malaysia, the American Malaysian Chamber of Commerce (Amcham) said. Amcham said a report by online payment system operator PayPal on “Accelerating SME Digitalisation in Malaysia” has reinforced the need to enable digital payments to accelerate SME… Source link

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Digital payments remain a key driver for SME digitilisation in Malaysia, says Amcham

Digital payments remained as a key driver for digitalisation for small and medium enterprises in Malaysia, the American Malaysian Chamber of Commerce (Amcham) said. — Picture by Hari Anggara Tuesday, 20 Sep 2022 9:51 PM MYT KUALA LUMPUR, Sept 20 — Digital payments remained as a key driver for digitalisation for small and medium enterprises (SME) in Malaysia, the American Malaysian… Source link

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UOB Malaysia partners SJPP to provide $219M in green financing to SMEs

UOB Malaysia is partnering Syarikat Jaminan Pembiayaan Perniagaan Malaysia (SJPP), a wholly-owned company of Minister of Finance Inc, to launch the U-Green Financing program, which will support small and medium-sized enterprises (SMEs) in embracing sustainability. The bank has allocated MYR1 billion ($219.63 million) for this program, and SJPP will be guaranteeing up to 80 percent of… Source link

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