Tata Consumer Products reported a consolidated net profit of INR 278.9 crore for the quarter ending December 31, 2023, reflecting a 20.7 percent year-on-year decline. The Tata group company, renowned for brands like Tata Tea, Tetley, Tata Salt, Eight O’Clock Coffee, and Himalayan Water, disclosed revenue of Rs 3,803.9 crore for the fiscal third quarter, compared to Rs 3,474.6 crore in the same… Source link
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E-commerce Platform DG1 Helped SMEs Double Sales In Just a Year DG1’s AI e-commerce platform boosts Southeast Asia SME sales by offering a subscription-based, all-in-one platform with AI and marketing tools. Ensuring SMEs keep pace with AI and tech is crucial. DG1 supports their growth in an AI-driven future, recognizing their key role in… Source link
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by Sanath Nanayakkare Importers of canned fish have completely crowded out local manufacturers because of a government tax policy skewed towards importers, says Sri Lanka Canned Fish Manufacturers Association (CFMA) President Shiran Fernando. “It is pathetic that the authorities have not cared about it yet although we have officially informed them of the tax anomaly which has translated into… Source link
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Kota Kinabalu: SME Association of Sabah (SME Sabah) welcomed Prime Minister Anwar’s statement in a news portal on Feb 15 that the Bumiputra Economic Congress (KEB) 2024 would be more inclusive. Stay up-to-date by following Daily Express’s Telegram channel. Daily Express Malaysia “We look forward to the KEB 2024 to foster inclusiveness to promote co-operation and joint participation from… Source link
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The Sabah state government is taking significant steps to bolster small and medium enterprises (SMEs) in the manufacturing sector by allocating a substantial RM15 million in aid. This initiative, announced by Sabah Industrial Development and Entrepreneurship Assistant Minister Datuk Andi Muhammad Suryadi Bandy in Tawau on March 3,… Source link
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Indonesia offers to promote Sabah products Published on: Sunday, March 03, 2024 By: Bernama Text Size: Indonesia is offering opportunities for micro, small and medium enterprises (MSMEs) in Sabah to promote their products in the North Kalimantan (Kaltara) region. The move is essential to fully unlock the economic cooperation potential between the local product markets of both… Source link
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In a significant move that could reshape the business landscape for Small and Medium Enterprises (SMEs) in Malaysia, the Small and Medium Enterprises Association of Malaysia (Samenta) has voiced its support for the Companies Commission of Malaysia’s (SSM) proposal to relax compulsory audit requirements. Datuk William Ng, president… Source link
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Amidst the global push for sustainable energy solutions, initiatives to transition towards green electricity are gaining momentum, with solar power at the forefront of this transformative journey. Recognized for its potential to catalyze economic growth and environmental conservation, solar energy is being harnessed to fuel not just… Source link
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More than 20 small and medium enterprises from Singapore are now in the country to look for partner SMEs who can help them expand their businesses here in the country. During the launch of SME Business Synergy: An International Business Matchmaking Conference on Thursday at the Heritage Hotel in Pasay City, Dave Tan, president of Singapore’s Asia Group Pte. Ltd said the main purpose of the… Source link
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At the forefront of economic transformation, former SME Corporation Malaysia CEO Datuk Dr Hafsah Hashim has proposed a groundbreaking Bumiputera Transformation Accelerator Fund aimed at elevating Bumiputera companies to new heights. This initiative, emerging from extensive engagement sessions involving 970 participants, seeks to… Source link
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