Majority of Malaysian SMEs keen on using digital banking services — Visa

KUALA LUMPUR (June 30): A majority of Malaysian small and medium enterprises (SMEs) have expressed interest to bank with digital banks, which is extremely timely given Bank Negara Malaysia’s recent announcement of the awarding of five digital banking licences. In a statement on Thursday (June 30), digital payment facilitator Visa said digital banking will address the top-of-mind challenges… Source link

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SME Bank can help build better businesses

KARACHI: Sector-specific SME Bank can help small and medium enterprises (SMEs) across Pakistan to build back better from financial constraints. Therefore, there is a dire need to restructure the SME Bank and redefine its role in the development of the SME sector. The Express Tribune reached out to the businessmen and analysts to get their opinion on the subject. “Since the government has… Source link

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SME Corp targets RM20mil sales

KUALA LUMPUR: SME Corp Malaysia (SME Corp) is targeting a sales potential of RM20mil, including through business matches, in conjunction with the Micro, Small and Medium Enterprise (MSME) Week which is on going nationwide until July 4. Its chief executive officer, Rizal Nainy said the target set is twice as… Source link

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Malaysian SMEs oppose 4-day workweek

A four-day work week is not practical as Malaysia is currently facing low productivity and labour problems, businesses argue. This view was voiced by Ding Hong Sing, President, SME Association of Malaysia, who said fewer work hours in Malaysia will result in less output and subsequently higher… Source link

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SME Corp targets RM20 mil potential sales for MSME Week 2022

KUALA TERENGGANU (June 23): SME Corporation Malaysia (SME Corp) is targeting a sales potential of RM20 million, including through business matches, in conjunction with the Micro, Small and Medium Enterprise (MSME) Week, which takes place nationwide from June 10 to July 4, 2022.  Its chief executive officer Rizal Nainy said the target set is twice as much as the RM9.7 million recorded during… Source link

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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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