Singapore-based Fintech Startup Doxa Holdings Secures Funding from Cento Ventures, Eyes Expansion into Malaysia

News Update ByStartupStory     |    February 13, 2024 Doxa Holdings, a Singapore-based fintech startup providing a digital procurement platform for the supply chain space, has recently announced securing undisclosed funding from Cento Ventures. The company plans to utilize the funds to expand its operations into Malaysia. Founded in 2019 by Edmund Ng, Leon Yeo, and Henry… Source link

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SMEs as a key focus in Malaysia

IN MALAYSIA, SMEs constitute the backbone of the economy, making up a significant portion while contributing to job creation, economic growth and innovation. Amid an uncertain business landscape, it is crucial for SMEs in Malaysia to take a proactive approach towards expanding their operations through cross-border trade, which in turn leads to additional revenue channels. Cross-border trade… Source link

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LGMS to launch subscription-based cybersecurity solution for SMEs

KUALA LUMPUR: Cybersecurity consultancy LGMS Bhd is introducing a subscription-based solution aimed at small and medium-sized enterprises, which represents a new revenue model for the company. Executive chairman Fong Choong Fook said the launch of its StarSentry solution has been set for the second quarter of 2024 (Q2’24). “This innovative solution is designed to enable SMEs to enhance… Source link

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DPM launches quick guide to simplify ESG practices among MSME

Ahmad Zahid (third left) shows the ESG Quick Guide with others after the launch. KUALA LUMPUR (Feb 11): Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi has introduced the environmental, social, and governance (ESG) Quick Guide for Micro, Small, and Medium Enterprises (MSMEs). The Minister of Rural and Regional Development unveiled the Quick Guide, published by SME Corp Malaysia, which… Source link

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Singapore’s first GenAI Sandbox to help SMEs is here

Enterprise Singapore (EnterpriseSG) and the Infocomm Media Development Authority (IMDA) have unveiled a new GenAI Sandbox for small and medium-sized enterprises (SMES).  The initiative is aimed at granting local SMEs greater access to GenAI and to build both agencies’ ongoing efforts to strengthen AI development and the ecosystem in Singapore.  The GenAI sandbox is expected to benefit 300… Source link

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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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