Survey: SMEs remain upbeat about their prospects this year

PETALING JAYA: Small and medium enterprises (SMEs) remain upbeat on their prospects and project Malaysia’s economy will continue to expand in 2024, amid concerns pertaining to low revenue, growing costs and cash flow. These were among the findings of the 2024 Malaysia SME Sentiment Report conducted by… Source link

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MTA aims to double takaful penetration in Malaysia to 40% in four years

KUALA LUMPUR: The Malaysian Takaful Association (MTA) targets to double the takaful penetration in Malaysia to 40% from 20% in four years under the Hijrah 2027 Strategic Plan on the back of the untapped market potential where 46% Malaysians are still unprotected. MTA CEO Mohd Radzuan Mohamed said there is a substantial market potential in Malaysia as 46% of people are still lacking… Source link

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MIDF upgrades Affin Bank to ‘neutral’, with higher TP of RM2.24

KUALA LUMPUR (Feb 7): MIDF Research has upgraded its rating on Affin Bank Bhd from ‘sell’ to ‘neutral’ and raised the target price to RM2.24 from RM1.71 in view that the Sarawak state government may be looking at being its largest shareholder. The revision is despite the research house pointing to still weak fundamentals in the bank, albeit it could see some minor benefits as a result of the… Source link

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APU’s FSeC provides real-world solutions with CaaS

APU’s FSeC-CaaS tackles growing cybersecurity threats! SMEs get affordable, expert solutions with Pixalink as their inaugural client. The Forensics and Cyber Security Research Centre (FSeC) at the Asia Pacific University of Technology & Innovation (APU) takes a proactive stance in addressing cybersecurity challenges by introducing ‘Cybersecurity as a… Source link

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Permanent secretariat to ensure funds have major impact on entrepreneurial development

PUTRAJAYA (Feb 5): The permanent secretariat of the National Entrepreneur Development and PMKS Council (MPUPK) will be established, to ensure that the funds channelled to relevant ministries and agencies have a major impact on the development of entrepreneurship. Entrepreneur Development and Cooperatives Minister Datuk Ewon Benedick said that the secretariat will be led by SME Corp Malaysia… Source link

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APU safeguards SMEs from cybersecurity risks with Cybersecurity as a service  

Unit established after discussions with Cybersecurity Malaysia & MRANTI Introduced ‘Cybersecurity as a Service’, offering SMEs affordable, high-quality consultancy In an era where cybersecurity threats pervade every sector, the business community finds itself particularly vulnerable. Asia Pacific University of Technology & Innovation (APU) stated in a recent statement that the… Source link

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MPUPK’s permanent secretariat to ensure funds have major impact on entrepreneurial development

PUTRAJAYA: The Permanent Secretariat of the National Entrepreneur Development and PMKS Council (MPUPK) will be established, to ensure that the funds channelled to relevant ministries and agencies have a major impact on the development of entrepreneurship. Entrepreneur Development and Cooperatives Minister, Datuk Ewon Benedick, said that the secretariat will be led by SME Corporation Malaysia… Source link

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Ministry pledges to support SME growth

The Ministry of Entrepreneur Development and Cooperatives has pledged to support the growth of small and medium enterprises (SMEs), ensuring facilitation in various aspects, including access to funding. Deputy Minister R Ramanan said the ministry has identified the critical issues faced by SMEs that need the government’s attention following a discussion with the Malaysian Indian Muslim Chamber… Source link

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Entrepreneur Development Ministry pledges to support Malaysian SMEs’ growth, says Ramanan

KUALA LUMPUR, Feb 3 — The Ministry of Entrepreneur Development and Cooperatives has pledged to support the growth of Small and Medium Enterprises (SMEs), ensuring facilitation in various aspects, including access to funding. Deputy Minister Datuk R. Ramanan said the ministry has identified the critical issues faced by SMEs that need the government’s attention following a discussion with… Source link

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