SME INFO smeinfo.my

This article first appeared in Forum, The Edge Malaysia Weekly on September 25, 2023 – October 1, 2023 Malaysia today is filled with the sound and fury of a trapped tiger. The unravelling of its economic dynamism following the Asian financial crisis (AFC) has eroded political stability by reducing the amount of patronage power available, and worsened social polarisation by reducing… Source link

PETALING JAYA: More than half of local SMEs anticipate fair business prospects in 2024, due to weak domestic demand and uncertainties in the export market, the Small and Medium Enterprises Association (Samenta) said. Based on its annual survey for 2023, the association found that a majority of respondents gave projections of fair (52%), followed by good (38%), bad (8%) and excellent (2%) next… Source link

Allocate RM2bil as incentive to SMEs to achieve goals, govt urged PETALING JAYA: To accelerate environmental, social and governance (ESG) efforts among small and medium enterprises (SMEs), the government has been urged to allocate RM2bil for one-to-one matching grants. SME Association president Ding Hong Sing… Source link

KUALA LUMPUR, 22 Sept – In an exhilarating display of innovation and talent, UTM secured the coveted title of College/University Champion and a substantial RM30,000 cash prize in the prestigious SME Bank’s Sandbox Competition 2023. The dazzling award ceremony took place at the Malaysia International Trade and Exhibition Center (MITEC) in Kuala Lumpur, graced by the esteemed presence of… Source link

THE video commerce trend is fast catching up in corporate Malaysia with the rising popularity of eCommerce. It is estimated that the global video commerce market is projected to grow at an explosive compounded annual growth rate (CAGR) of about 32% from 2023 to 2028. It was valued at US$526.72bil last year and is… Source link

Participants from startups, regulatory bodies, communications & tech providers Opportunities for collaboration and network-building between participants  Axiata Group Bhd hosted its first-ever INsights@Axiata forum on 21 Sept, presented as an innovative solution-centered platform focused primarily on the advancement of digital inclusion. The forum was coupled with the widely… Source link

KUALA LUMPUR: AMMB Holdings Bhd (AmBank) will continue to invest in small and medium enterprises (SMEs) to empower the sector’s journey towards growth and success, says group chief executive officer Datuk Sulaiman Mohd Tahir. “With SMEs as the backbone of the economy, we will continue to expand and invest… Source link

KUALA LUMPUR (Sept 21): Public Bank Bhd is extending RM1 billion in financing to small and medium enterprises (SMEs) via a strategic collaboration with Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP).  In a statement on Thursday, the bank said that the financing will cover all existing and future financing schemes guaranteed by SJPP including the Working Capital Guarantee Scheme (WCGS) and… Source link

KUALA LUMPUR: AmBank Group Bhd expects double-digit loan growth for its micro, small and medium enterprise (MSME) segment this year, driven by initial public offering and market penetration opportunities, said group CEO Datuk Sulaiman Mohd Tahir. “(We expect) double-digit loan growth or at least 10%, we are looking at least RM40 million more. It’s small but we hope to do more,” he told… Source link

KUALA LUMPUR: AMMB Holdings Bhd (AmBank) will continue to invest in small and medium enterprises (SMEs) to empower the sector’s journey towards growth and success, said group chief executive officer Datuk Sulaiman Mohd Tahir. “With SMEs as the backbone of the economy, we will continue to expand and invest… Source link