SMEs must unite to navigate Malaysia’s digital frontier

This article first appeared in Forum, The Edge Malaysia Weekly on March 18, 2024 – March 24, 2024 In the dynamic landscape of Malaysia’s business environment, small and medium enterprises (SMEs) stand as the unsung heroes, constituting a staggering 98.5% of the 920,624 business establishments and forming the backbone of our nation’s economic resilience. However, a glaring disparity persists… Source link

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CelcomDigi unveils new Digital Healthcare Bundle – one-stop digitalisation touchpoint for the healthcare sector

Aims to help MSMEs digitalise their business Private clinics, pharmacies eligible for a 50% matching grant, up to US$1,060  CelcomDigi Bhd has introduced a Digital Healthcare Bundle, providing digital healthcare solutions alongside high-speed Internet connectivity plans. This initiative aims to support the healthcare sector, particularly micro, small, and medium-sized enterprises… Source link

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CSM, LGMS collaborate to Enhance Cybersecurity for Malaysian SMEs ahead of StarSentry Launch

KUALA LUMPUR: CyberSecurity Malaysia (CSM) is spearheading efforts to strengthen the nation’s cybersecurity ecosystem, with a focus on enhancing cybersecurity standards throughout the country. Led by CEO Dato’ Ts. Dr. Haji Amirudin Bin Abdul Wahab the initiative aims to foster closer collaboration among the public sector, private enterprises, and academic institutions – collectively… Source link

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Accelerating SME growth | The Star

SMALL and medium enterprises (SMEs) are the backbone of Malaysia’s economy, driving growth, competitiveness and global expansion. Yet, they often encounter hurdles in acquiring skilled talent to fuel their progress. As businesses strive for expansion, the demand for a competent workforce becomes paramount…. Source link

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Bridging the SME Sustainability Gap

Small- and medium-sized enterprises (SMEs) are key to driving market development in sustainable finance, to ensure wider and deeper economic and social impacts, says Iris Ng, Managing Director at OCBC. The importance of SMEs to the future of the sustainability journey in Singapore cannot be overstated. With these businesses accounting for more than 95% of all local enterprises, and over… Source link

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Takaful Tech: Ouch! Champions Digital Transformation in Malaysia’s Takaful Industry

Aims to modernise traditional takaful via a user-friendly digital platform Launches Jaga Generasi campaign to empower M’sians financially during Ramadan Over 60% of Malaysians are not insured with any takaful plans. In an effort to reduce these numbers, Ouch!, which claims to be the first digital takaful operator recognized by the BNM Regulatory Sandbox, is shepherding a new era of… Source link

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CyberSecurity Malaysia, LGMS collaborate to address SME cybersecurity weakness

Lack of awareness over cybersecurity poses risk to their operations  Complexity and cost often a deterrence to implementing effective measures CyberSecurity Malaysia (CSM) is spearheading efforts to strengthen the nation’s cybersecurity ecosystem, with a focus on enhancing cybersecurity standards throughout the country. Led by CEO Ts. Dr Amirudin Abdul Wahab, the initiative aims… Source link

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SMEs, start-ups encouraged to apply for LiKES matching grant

KUALA LUMPUR (March 19): Small and medium enterprises (SMEs) and start-ups, including those operating in rural areas, are encouraged to apply for the Internship Placement Matching Grant for Small and Medium Enterprises (LiKES). In making the call, Talent Corporation Malaysia Bhd (TalentCorp) group chief executive officer Thomas Mathew said LiKES, which was launched on Monday, enables the… Source link

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UOB Malaysia achieves record income + profitability in 2023

This article first appeared in The Edge Malaysia Weekly on March 11, 2024 – March 17, 2024 NG Wei Wei, CEO of United Overseas Bank (Malaysia) Bhd (UOB Malaysia), has had two busy but eventful years at the bank. She had to hit the ground running when she took over the helm on May 1, 2022, as the Malaysian entity was in the thick of its acquisition of Citibank’s consumer business in the… Source link

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LEVEL PLAYING FIELD FOR SMES IN INTERNSHIP PROGRAMMES

KUALA LUMPUR: Talent Corporation Malaysia Bhd (TalentCorp) has launched a new grant where small and medium businesses (SMEs) can be reimbursed up to RM300 for each intern’s monthly allowance. The grant, coined as the Industrial Training Matching Grant Initiative for Small & Medium Enterprises (LiKES), has… Source link

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