SME sector role in UAE’s economic growth receives top recognition at the Century Financial 2nd SME Golden Frame Awards

Dubai, UAE: In line with its contribution to the thriving landscape of small and medium enterprises (SMEs) in the United Arab Emirates (UAE), Century Financial, a renowned investment specialist in the region, has bestowed prestigious honors upon the finalists of the SME Golden Frame Awards. Part of the Gulf Business Awards, the special segment of Century Financial SME Golden Frame Awards,… Source link

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UAE President and King of Malaysia witness major step forward in development of 10GW clean energy projects by Masdar and MIDA

  In the presence of UAE President, His Highness Sheikh Mohamed bin Zayed Al Nahyan and the King of Malaysia, His Majesty Al-Sultan Abdullah Sultan Ahmad Shah, Masdar exchanges implementation roadmap with MIDA to advance 10GW of clean energy projects in Malaysia COP28, Expo City Dubai: In the presence of UAE President, His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Majesty,… Source link

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Samenta urges govt to get inputs from SMEs on progressive wage model

KUALA LUMPUR (Dec 1): The Small and Medium Enterprises Association (Samenta) has urged the government to get inputs from SMEs on the Progressive Wage Model prior to implementing the trial run next year. National president Datuk William Ng said the quantum of increment to be suggested by trade unions and groups representing large employers may not be reflective of the financial capability of… Source link

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SEBA Borneo to launch in 2024 for East M’sian entrepreneurs

Every year, SEBA, also known as the SME and Entrepreneurs Business Award, recognises top Malaysian entrepreneurs and businesses. Just yesterday on November 30, SEBA 2023 Central Grand took place at Sheraton Petaling Jaya, honouring 30 entrepreneurs and 10 companies. Wanting to uplift all SMEs in Malaysia, not just ones in the Klang Valley area, SEBA actually introduced a Northern edition of… Source link

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We hope govt can bear training costs for employees

Tough to gauge: There are concerns that the scheme won’t help blue-collar workers whose work performance is hard to measure. — Bernama PETALING JAYA: Employers hope the government can absorb the training costs for employees as presented in the white paper for the Progressive Wage Policy, says Malaysian Employers Federation (MEF) president Datuk Dr Syed Hussain Syed Husman. He said the… Source link

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Bursa Malaysia and UN Global Compact Network Collaborate on Sustainability

Bursa Malaysia and UNGCMYB will explore several initiatives to support the upskilling of sustainability practitioners of PLCs and SMEs. 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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Funding Societies partners Halal Development Corporation to enhance financing access to halal SMEs

Singapore-based digital finance platform Funding Societies has partnered with Halal Development Corporation Berhad (HDC), a Malaysian federal government agency under the Ministry of International Trade and Industry (MITI), to enhance financing access to halal small and medium-sized enterprise (SMEs). Funding Societies said in a statement on Wednesday that the collaboration aims to… Source link

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Tackling the US$2 Trillion Funding Shortfall for Asia Pacific’s SMEs

Small and medium enterprises (SMEs) are vital in driving economic growth, particularly in developing countries, as they significantly contribute to the GDP and play a key role in job creation. According to the Asian Development Bank, SMEs make up 98% of all businesses and provide jobs for 66% of the labour force in Asia, but they represent only 38% of the… Source link

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‘No one left behind’: Simplified guide hopes to push sustainability disclosures among Malaysian SMEs | News | Eco-Business

Rahmesh Gomez knows first-hand the challenges that small- and medium-sized enterprises (SMEs) in Malaysia experience when it comes to sustainability disclosures. As the managing director of Malaysian Yoghurt Company, an SME that produces yoghurt products under the name of Sunglo, Rahmesh says many SMEs in Malaysia struggle to… Source link

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