Industry leaders call for stronger climate action support

AS a signatory to the Paris Agreement, Malaysia has pledged to achieve net zero emissions by 2050. However, by 2030, only seven years away, the country must unconditionally reduce carbon intensity against GDP by 45% as compared to 2005 levels. As such, the pressure is on the Malaysian government and industries… Source link

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MSME Sustainability Series by SME Corp. Malaysia poised MSMEs to be future-ready

The Ministry of Entrepreneur and Cooperatives Development (MECD) through its agency, SME Corp. Malaysia organised the 2023 MSME Sustainability Series: Charting the ESG Path for MSMEs and Business Matching for High Growth Industries from 26 – 27 September 2023. It was part of the continuous effort to provide MSMEs with the understanding on importance of sustainability as well as… Source link

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SMEs urged to quickly adopt ESG framework

Compiled by BENJAMIN LEE, C. ARUNO and R. ARAVINTHAN THE SME Association Malaysia has warned small businesses that they may lose out in the international markets soon if they refuse to adopt the environmental, social and governance (ESG) framework, Sin Chew Daily reported. Its president Ding Hong Sing said he… Source link

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Generali and UNDP kick off innovation funding initiative in Asia

Global insurer Generali and the United Nations Development Programme (UNDP) have launched the “Insurance Innovation Challenge Fund”, with the initiative to be started in Asia. The launch took place at an event in which Generali and the UNDP brought together representatives of the EU Commission – Directorate General for International Partnerships, the Malaysian Embassy to Italy… Source link

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Malaysia to Create 200 Capital Market-Ready MSMEs by 2026 – Regulation Asia

A new MoU between the Securities Commission and SME Corporation Malaysia will enable more MSMEs to access the capital market for financing. Get access today Sign up for a free 2-week trial and get instant, unrestricted and unlimited access to Regulation Asia. FREE TRIAL[1] Already taken your free trial? Get in touch with our team and enquire about a subscription today. Select… Source link

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SC, SME Corp join hands to advance smaller businesses

PETALING JAYA: The Securities Commission (SC) has entered into a three-year contract with SME Corp Malaysia to facilitate greater access to capital market financing for micro, small and medium enterprises (MSMEs). Through a memorandum of understanding (MoU), the two parties aim to create 200… Source link

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Ewon urges MSMEs to integrate ESG practices to access global market

GEORGE TOWN: Micro, small and medium enterprises (MSME) have been urged to integrate environmental, social and governance (ESG) practices into their business operations to gain more opportunities in the global market. Entrepreneurship Development and Cooperatives Minister Datuk Ewon Benedick (pix) said currently, more and more large companies, government-linked companies (GLCs) and… Source link

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