SME INFO smeinfo.my

KUALA LUMPUR: As post-pandemic Malaysia opens up with more industries resuming their operations, the economy has been hit with new challenges. With rising costs from the US Federal Reserve interest rate hikes to a running inflation, scarcity of resources due to the Ukraine-Russia crisis and a shortage of… Source link

PETALING JAYA: Industry groups have questioned the report putting Malaysia on Tier 3 in the US State Department’s Trafficking in Persons (TIP) Report for two consecutive years despite much improvement on the ground. They also questioned the credibility of the parties behind the report, the basis, methods of… Source link

PETALING JAYA: Lockdowns and manpower shortages have shrunk local small and medium enterprises’ (SMEs) sales by 30%, The Malaysian Insight reports. The group said current sales figures are even lower than pre-pandemic levels. SME Association of Malaysia president Ding Hong Sing reportedly said the movement control orders (MCOs) from March 2020 to last year were the main factors for the… Source link

SME Corp Malaysia is committed to ensuring the excellence of Malaysian brands with the National Mark of Malaysian Brand (NMMB) certification programme. Chief executive officer Rizal Nainy said in a statement that as Malaysia’s reopening is set to enter full steam by the third quarter, economic recovery… Source link

A recent study on SMEs in the country saw a 6% increase in recruitment in Q2 2022, versus a 5% increase in Q1 2022 over the previous quarters, signaling optimism towards further growth in the next few months. Malaysian small and medium-sized enterprise (SME) owners are optimistic about their future economic and business growth prospects, and have been hiring aggressively. In fact,… Source link

SMALL and medium enterprises (SMEs) are facing lower profit margins as they have to decline large orders due to the ongoing labour crunch. SME Association of Malaysia (SME Malaysia) president Ding Hong Sing explained that besides higher production costs arising from pricier raw materials as well as supply chain… Source link

Small and medium enterprises (SMEs) in Malaysia had a bleak outlook during the pandemic. Many saw “no hope for recovery”, according to the country’s Small and Medium Enterprise Association. Lockdowns and disrupted supply chains hit the world’s economy hard, but SMEs suffered more than most with their limited cash flow and reliance on brick-and-mortar operations. But as the… Source link

Nash Idrus   KUCHING: Precession Capital Bhd (PCB), an emerging entrepreneur training and investment management firm with expertise in financial strategies is resolute in its mission to accelerate and scale-up Malaysian small and medium enterprise (SME) businesses. Since its inception in 2016, PCB has been exceptionally focused on delivering outstanding and long-term results… Source link

KUALA LUMPUR: Strengthening economic ties with ASEAN countries and particularly with Malaysia is one of the main priorities of Georgia’s foreign policy agenda, said Georgia’s ambassador to Malaysia Nikoloz Apkhazava (pix). In an interview with Bernama, Apkhazava said the potential for economic cooperation between Georgia and Malaysia is vast and diverse. The ambassador pointed out that… Source link

PHNOM PENH (The Phnom Penh Post/Asia News Network): A top investment official on July 5 reassured the Malaysian business community that the Cambodian government would continue to treat local and foreign investors fairly, and that the new Law on Investment offers a host of tax incentives and other benefits. Sok… Source link