Flood-affected SMEs urged to take advantage of SMEEF 2.0

KUALA LUMPUR: Small and medium enterprises (SMEs) affected by the recent floods are urged to take advantage of the SME Emergency Fund 2.0 (SMEEF 2.0) to help revive their business. Entrepreneur and Cooperative Development Minister Tan Sri Noh Omar said SMEEF 2.0 provided an interest-free loan of RM100,000 with… Source link

Read More »

Matrade: Malaysia’s E&E exports to perform well despite Covid challenges, chip supply shortage risks

KUALA LUMPUR (March 29): The Malaysia External Trade Development Corporation (Matrade) expects the country’s electrical and electronics (E&E) exports led by semiconductor devices and integrated circuits (ICs) to perform well this year, despite the ongoing pandemic challenges and the global risks of chip supply shortage.  “In years of accumulating experience serving multinational companies… Source link

Read More »

SMEs in Malaysia Looking to Tap Growth in Asia Pacific, Survey Reveals

SMEs in Malaysia Looking to Tap Growth in Asia Pacific, Survey Reveals March 29, 2022 Survey by FedEx and SME Association of Malaysia shows that over 50% of Malaysian SMEs want to grow within APAC in the first half of 2022   KUALA LUMPUR, Malaysia, 9 March, 2022 – FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and one of the world’s largest express transportation companies, together… Source link

Read More »

Rising costs, labour shortage temper border reopening joy for SME

PETALING JAYA: The reopening of Malaysia’s international borders and further easing of Covid-19-related restrictions on Friday are welcome, small and medium enterprises (SME) say, but they revealed that they are still inundated by challenging conditions, particularly from runaway commodity prices and labour shortages. SME Association Malaysia president Ding Hong Sing (pix) pointed out that… Source link

Read More »

The SME and Entrepreneurs Business Awards inaugural northern edition honours 27 entrepreneurs | Malaysia

Winners of the 2022 SME and Entrepreneur Business Award have their picture taken the at SPICE Convention Centre in Penang March 26, 2022. Picture by Sayuti Zainudin GEORGE TOWN, March 27 — The SME and Entrepreneurs Business Awards (SEBA) 2022 held its inaugural northern edition in Penang by honouring 27 industry players in Langkawi, Perlis, Kedah, Penang and Perak last night.  Among… Source link

Read More »

PM: Govt will ensure continued development of SMEs | Malaysia

Prime Minister Datuk Seri Ismail Sabri Yaakob visiting business booths at the Launching Ceremony of the National Entrepreneur Day 2022 Fiesta at the World Trade Center Kuala Lumpur (WTCKL) March 26, 2022. — Bernama pic KUALA LUMPUR, March 26 — The government will pay serious attention to ensure that the small and medium industries (SME) will continue to develop not only in Malaysia… Source link

Read More »

Malaysia AI In Small and Medium Business Market Estimated to Grow at a CAGR of 21.89% During the Forecast Period 2022-2027

“Malaysia AI In Small and Medium Business Market” Adoption of the Artificial Intelligence for Lowering Operational Costs of Enterprises Drives the Malaysia AI In Small and Medium Business Market Growth. Globally, the Malaysia AI In Small and Medium Business Market is estimated to be $23,267.5 million in 2021 and is analyzed to grow at a CAGR of 21.89% during forecast period 2022-2027…. Source link

Read More »

Malaysia needs economic transformation to boost productivity

KUALA LUMPUR: Malaysia needs an underlying structural economic transformation to increase productivity growth, according to the World Bank. East Asia and Pacific Regional vice-president Manuela V. Ferro highlighted that while the country has done relatively well compared to its regional peers, it has lagged its global aspirational peers that have nearly three times the productivity levels. … Source link

Read More »

World Bank: Malaysia needs underlying structural economic transformation to boost productivity

KUALA LUMPUR (March 24): Malaysia needs an underlying structural economic transformation to increase productivity growth, according to the World Bank. East Asia and Pacific regional vice president Manuela V Ferro highlighted that while the country has done relatively well compared to its regional peers, it has lagged its global aspirational peers that have nearly three times the productivity… Source link

Read More »