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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ATEC, Hippindo hold investment forum to intensify RI-Malaysia relation

Jakarta (ANTARA) – Asian Trade, Tourism and Economics Council (ATEC) and Association of Indonesian Retailers and Shopping Center Tenants (Hippindo) held an investment forum in Kuala Lumpur, Malaysia, to encourage investment into Indonesia while strengthening bilateral relations. The investment forum, titled “The Indonesia B2B2G Investment Forum,” was held on Friday (Nov 25) in… Source link

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Hippindo, ATEC Hold Investment Forum to Strengthen Malaysia-Indonesia Relation

TEMPO.CO, Jakarta – Asian Trade, Tourism and Economics Council (ATEC) and Association of Indonesian Retailers and Shopping Center Tenants (Hippindo) held an investment forum in Kuala Lumpur, Malaysia, to encourage investment into Indonesia while strengthening bilateral relations. The investment forum, titled “The Indonesia B2B2G Investment Forum,” was held on Friday (Nov 25) in… Source link

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Khazanah said to be looking to invest in Funding Societies entity

This article first appeared in The Edge Malaysia Weekly on November 20, 2023 – November 26, 2023 KHAZANAH Nasional Bhd is looking at acquiring a stake in Modalku Ventures Sdn Bhd, the company behind small- and medium-sized enterprise (SME) digital financing platform Funding Societies Malaysia, sources say. “It is currently at the due diligence stage,” a source tells The Edge, adding that… Source link

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Milestones and challenges in the Singapore-Malaysia leaders’ retreat

On October 30, 2023, Prime Minister Lee Hsien Loong and Prime Minister (PM) Dato’ Seri Anwar Ibrahim met in Singapore for the 10th Singapore-Malaysia Leaders’ Retreat. This event held substantial importance as it symbolised a longstanding tradition of bilateral engagement between the two nations. Amidst this milestone, both leaders emphasised their steadfast commitment to this annual… Source link

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Hypermarket Mydin boosts SMEs with aisle dedicated to delicacies from all Malaysian states

KUALA LUMPUR, Nov 25 — Many may not be aware that local hypermarket Mydin features a dedicated aisle for local products called the Small Medium Enterprises (SME) lane. The products on the aisle are categorised based by state of origin. While the effort by Mydin has been ongoing since 2006 as their contribution to help boost local SMEs in line with the government’s ‘Buy Malaysian’… Source link

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Mark of excellence for homegrown brands

IN TODAY’S competitive global market, branding is essential for a company to create memorable impressions on consumers and allow them to know more about the company’s products or services. Spearheaded by the efforts of two key organisations – SME Corporation Malaysia (SME Corp) and SIRIM QAS… Source link

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