THE intersection of the education system, the burgeoning gig economy and the brain drain may seriously challenge Malaysia’s future. With a massive brain drain already in place, as more and more students choose to join the gig economy instead of pursuing tertiary education, understanding the factors driving this… Source link
Read More »Invest in cyber security, SMEs urged
PETALING JAYA: SMEs lack sufficient cyber security awareness and acceptance in their businesses to deal with the growth of technology, said CyberSecurity Malaysia CEO Datuk Dr Amirudin Abdul Wahab. He added that steps have been taken to alleviate the burden on SMEs, but they need to invest in such measures themselves. “The acceptance and awareness (among SMEs) is still low. They believe… Source link
Read More »SME group: Fast action needed to boost Forest City as special financial zone
JOHOR BARU, Sept 1 — The government will need to take fast action to boost Forest City here as a special financial zone so that it will not lose out to neighbouring countries that are aiming for the “same slice of the pie”. SME Association of South Johor founding president Teh Kee Sin said Asean countries like Singapore, Indonesia and Thailand are actively looking for more foreign… Source link
Read More »Budget 2024 to focus on helping M40 group and SMEs – YouTube
Budget 2024 to focus on helping M40 group and SMEs – YouTube Source link
Read More »Govt to focus on empowering middle class, SMEs
BUKIT MERTAJAM (Sept 1): Budget 2024, which will be tabled in October, will focus on empowering and strengthening the middle class and small and medium enterprises (SMEs), according to Deputy Finance Minister II Steven Sim Chee Keong. He said this is because the middle class group constituted the community that was the most affected during the pandemic. “Hence, one of the key focuses in Budget… Source link
Read More »Deputy finance minister says Budget 2024 to focus on M40, SMEs
SEBERANG PERAI, Sept 1 — The national Budget 2024 that will be tabled in October is expected to focus on strengthening the middle income group and small medium enterprises (SMEs), Deputy Finance Minister II Steven Sim Chee Keong said today. He said the middle income group known as the M40, were the ones most affected during the Covid-19 pandemic and still in need of assistance. “We need to… Source link
Read More »Brunei-raised Malaysians shine at APEC App Challenge in US
A Malaysian team comprising Universiti Brunei Darussalam (UBD) alumni Ying Ho and UBD student Ho Jun Ang were invited to pitch at the APEC Small and Medium Enterprises (SME) Ministerial Meeting for the APEC App Challenge 2023. The final pitching challenge took place from August 19 to 21. They were among the five shortlisted teams – including United States (US), China, the Philippines and… Source link
Read More »Hong Leong Bank expects 6-7% loan growth in FY24
KUALA LUMPUR: Hong Leong Bank Bhd expects 6% to 7% growth in its loan segment for its financial year 2024, underpinned by key factors such as mortgages, small and medium enterprises (SME) and auto financing in Malaysia. The bank is also expecting an increase in loan contribution from their overseas branches, particularly from Singapore,” said group managing director/CEO Kevin Lam. … Source link
Read More »Hong Leong Bank expects loan growth to moderate to 6-7% in FY2024
KUALA LUMPUR (Aug 30): Hong Leong Bank Bhd is expecting its year-on-year (y-o-y) loan growth to moderate to 6-7% for the financial year 2024 (FY2024), from the 8% it achieved in FY2023, amid a softer domestic economic environment. Besides that, external factors could weigh on loan growth in the coming quarters, including global macroeconomic conditions, further interest rate hikes and… Source link
Read More »SME Bank XCESS 2023: Business Matching Beyond Borders
Subscribe to our FREE Newsletter or Telegram channel for the latest stories and updates. Small Medium Enterprise Development Bank (SME Bank) has announced that its highly anticipated annual flagship business matching event, SME Bank XCESS 2023, will return this year featuring a hybrid experience with participation from both local and international partners.
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