SME Corp targets RM20m potential sales for MSME Week 2022

Terengganu Entrepreneurship, Human Resources, Micro Industry and Consumer Affairs Committee chairman Mohd Nurkhuzaini Ab Rahman (centre) speaks to traders at the launch of MSME Week 2022 Terengganu in Kuala Terengganu June 23, 2022. — Bernama pic Thursday, 23 Jun 2022 5:04 PM MYT KUALA TERENGGANU, June 23 — SME Corporation Malaysia (SME Corp) is targeting a sales potential of… Source link

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Huawei’s 20-year journey in Malaysia

Malaysia entered the digital era in 1996 with the introduction of the Multimedia Super Corridor. Since then, the country has recorded many success stories, attracting both domestic and foreign companies working in Information and Communications Technology (ICT) to invest and set up operations across various economic zones. It was also this early initiative that enabled Malaysia to adopt… Source link

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Alternative Lenders Are on the Rise to Plug the Financing Gap for SMEs

In Singapore, small and medium-sized enterprises (SMEs) are struggling to secure sufficient financing from traditional lenders, with most still largely relying on their personal networks to support their business, findings from a new study by cloud banking startup Mambu show. The Small Business, Big Growth report draws on results of a survey of 1,000+ SME owners… Source link

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SME group urges review of RM300 per pax fee for Putrajaya’s HR development scheme

Human Resources Minister Datuk Seri M. Saravanan speaks at Wisma HRD Corp in this file photograph from April 12, 2022. — Bernama pic By Zarrah Morden Wednesday, 22 Jun 2022 12:35 PM MYT KUALA LUMPUR, June 22 — The new RM300 per employee fee the Human Resource Development Corporation (HRDC) will charge for microcredential training grants will undermine the aim of upskilling… Source link

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‘Four-day work week won’t work’ for Malaysia

SME Association of Malaysia president, Ding Hong Sing said fewer work hours in Malaysia will result in less output and subsequently higher prices in the market as companies still need to cover their fixed costs. “For example, if you make 100,000 products in one week when you shorten the working days, it will become 80,000. “But we still need to pay salaries and rent so we will need to… Source link

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‘Four-day week won’t work’ | The Star

PETALING JAYA: It would not be possible for Malaysia as a developing country, to implement the four-day work week as the country is currently facing low productivity and labour problems, say industry players. SME Association of Malaysia president, Ding Hong Sing said fewer work hours in Malaysia will result in… Source link

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Russian SME Trader Investments In Turkiye Increase Five-Fold In 2022

The registered capital volume and numbers of foreign invested companies with Russian capital, registered in Turkiye from January through May 2022, has increased by nearly five times, compared to the same period of the 2021, according to the Turkish Chamber of Commerce and Industry (TOBB). According to TOBB, this figure reached 347 companies, up by 278. The total capital of the mentioned… Source link

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UOB Malaysia and The FinLab to accelerate digital transformation

UOB Malaysia and The FinLab to accelerate digital transformation for women-led businesses through Jom Transform Programme The Programme has enabled more than 400 SMEs to embark on their digitalisation journey since 2019 KUALA LUMPUR – UOB Malaysia and The FinLab[1] today announced the fourth edition of the Jom Transform Programme[2]. This year’s programme is set to empower women to transform… Source link

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Restructuring, reinforcing of SME Bank of prime importance: UNISAME

Restructuring June 19, 2022: The Union of Small and Medium Enterprises (UNISAME) has invited the attention of Miftah Ismail federal finance minister to the need to restructure and reinforce the SME Bank without loss of time for the benefit of the neglected underprivileged sector. President UNISAME Zulfikar Thaver said that since it has now been finally decided not to privatize the SME Bank nor… Source link

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Putting the Filipino employee first

Local small-to-medium businesses (SMEs) expect a better year starting 2022. According to the Sun Life Business Growth and Resilience Index updated on April 29, 2022 where 2,400 SME owners across Hong Kong, India, Indonesia, Malaysia, Philippines, Singapore, and Vietnam were surveyed in late 2021, 70% of the total SME respondents expect… Source link

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