Matrade, SME Bank and ministry to lead 11 Malaysian F&B companies on UAE trade mission

KUALA LUMPUR (Feb 15): The Malaysia External Trade Development Corporation (Matrade), in collaboration with the Ministry of Entrepreneur Development and Cooperatives, and the SME Bank will be leading 11 small and medium-sized enterprises (SMEs) involved in the food and beverage (F&B) industry in an export acceleration mission to the United Arab Emirates (UAE). In a statement on Thursday,… Source link

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7-Eleven shops helped over 1,200 SMEs generate THB20 bn revenue: CEO

The number of items of goods from SMEs last year rose 13% over the previous year, he added. CP All has been supporting SMEs for 30 years, he said. Apart from supporting SMEs, CP All also distributed income to communities and farmers in rural areas by supporting farmers and community enterprises to process their products as goods to sell in 7-Eleven shops,… Source link

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Textile and Apparel Imports from Mexico and Malaysia Surge in 2023

Imports of textiles and apparel fell again in December but were still higher than a year earlier, according to statistics from the Department of Commerce’s Office of Textiles and Apparel. For more information on trade-related issues affecting textiles and apparel, please contact ST&R’s textile and apparel practice leader Elise Shibles at (415) 490-1403 or via 

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Singapore-based Fintech Startup Doxa Holdings Secures Funding from Cento Ventures, Eyes Expansion into Malaysia

News Update ByStartupStory     |    February 13, 2024 Doxa Holdings, a Singapore-based fintech startup providing a digital procurement platform for the supply chain space, has recently announced securing undisclosed funding from Cento Ventures. The company plans to utilize the funds to expand its operations into Malaysia. Founded in 2019 by Edmund Ng, Leon Yeo, and Henry… Source link

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SMEs as a key focus in Malaysia

IN MALAYSIA, SMEs constitute the backbone of the economy, making up a significant portion while contributing to job creation, economic growth and innovation. Amid an uncertain business landscape, it is crucial for SMEs in Malaysia to take a proactive approach towards expanding their operations through cross-border trade, which in turn leads to additional revenue channels. Cross-border trade… Source link

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LGMS to launch subscription-based cybersecurity solution for SMEs

KUALA LUMPUR: Cybersecurity consultancy LGMS Bhd is introducing a subscription-based solution aimed at small and medium-sized enterprises, which represents a new revenue model for the company. Executive chairman Fong Choong Fook said the launch of its StarSentry solution has been set for the second quarter of 2024 (Q2’24). “This innovative solution is designed to enable SMEs to enhance… Source link

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DPM launches quick guide to simplify ESG practices among MSME

Ahmad Zahid (third left) shows the ESG Quick Guide with others after the launch. KUALA LUMPUR (Feb 11): Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi has introduced the environmental, social, and governance (ESG) Quick Guide for Micro, Small, and Medium Enterprises (MSMEs). The Minister of Rural and Regional Development unveiled the Quick Guide, published by SME Corp Malaysia, which… Source link

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Singapore’s first GenAI Sandbox to help SMEs is here

Enterprise Singapore (EnterpriseSG) and the Infocomm Media Development Authority (IMDA) have unveiled a new GenAI Sandbox for small and medium-sized enterprises (SMES).  The initiative is aimed at granting local SMEs greater access to GenAI and to build both agencies’ ongoing efforts to strengthen AI development and the ecosystem in Singapore.  The GenAI sandbox is expected to benefit 300… Source link

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