Call to give matching ESG grants

Allocate RM2bil as incentive to SMEs to achieve goals, govt urged PETALING JAYA: To accelerate environmental, social and governance (ESG) efforts among small and medium enterprises (SMEs), the government has been urged to allocate RM2bil for one-to-one matching grants. SME Association president Ding Hong Sing… Source link

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UTM Students triumphs as College/University Champion in SME Bank’s Sandbox Competition 2023

KUALA LUMPUR, 22 Sept – In an exhilarating display of innovation and talent, UTM secured the coveted title of College/University Champion and a substantial RM30,000 cash prize in the prestigious SME Bank’s Sandbox Competition 2023. The dazzling award ceremony took place at the Malaysia International Trade and Exhibition Center (MITEC) in Kuala Lumpur, graced by the esteemed presence of… Source link

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The video commerce boom | The Star

THE video commerce trend is fast catching up in corporate Malaysia with the rising popularity of eCommerce. It is estimated that the global video commerce market is projected to grow at an explosive compounded annual growth rate (CAGR) of about 32% from 2023 to 2028. It was valued at US$526.72bil last year and is… Source link

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INsights@Axiata forum pushes Malaysian SMEs to harness the power of digital

Participants from startups, regulatory bodies, communications & tech providers Opportunities for collaboration and network-building between participants  Axiata Group Bhd hosted its first-ever INsights@Axiata forum on 21 Sept, presented as an innovative solution-centered platform focused primarily on the advancement of digital inclusion. The forum was coupled with the widely… Source link

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AmBank continues to invest in SMEs

KUALA LUMPUR: AMMB Holdings Bhd (AmBank) will continue to invest in small and medium enterprises (SMEs) to empower the sector’s journey towards growth and success, says group chief executive officer Datuk Sulaiman Mohd Tahir. “With SMEs as the backbone of the economy, we will continue to expand and invest… Source link

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Public Bank extends RM1 bil financing to SMEs with SJPP

KUALA LUMPUR (Sept 21): Public Bank Bhd is extending RM1 billion in financing to small and medium enterprises (SMEs) via a strategic collaboration with Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP).  In a statement on Thursday, the bank said that the financing will cover all existing and future financing schemes guaranteed by SJPP including the Working Capital Guarantee Scheme (WCGS) and… Source link

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AmBank expects double-digit growth in loans to MSMEs this year

KUALA LUMPUR: AmBank Group Bhd expects double-digit loan growth for its micro, small and medium enterprise (MSME) segment this year, driven by initial public offering and market penetration opportunities, said group CEO Datuk Sulaiman Mohd Tahir. “(We expect) double-digit loan growth or at least 10%, we are looking at least RM40 million more. It’s small but we hope to do more,” he told… Source link

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AmBank continues to invest in SMEs towards growth, success

KUALA LUMPUR: AMMB Holdings Bhd (AmBank) will continue to invest in small and medium enterprises (SMEs) to empower the sector’s journey towards growth and success, said group chief executive officer Datuk Sulaiman Mohd Tahir. “With SMEs as the backbone of the economy, we will continue to expand and invest… Source link

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HUAWEI eKit Joins Hands with Distribution Partners to Explore Unlimited Opportunities in the SME Market, Business News

SHANGHAI, Sept. 21, 2023 /PRNewswire/ — During HUAWEI CONNECT 2023, Huawei held a distribution business session titled “HUAWEI eKit, Digitalization for Success”, outlined its approach to the distribution business: focus on distribution partners (DPs), stay subcontractor-centred, and help global DPs to keep developing the SME market through continuous… Source link

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SME Corp channels RM100mil to aid 20,700 MSMEs

PUTRAJAYA: SME Corporation Malaysia (SME Corp) has channelled RM100 million via the Micro Madani Strengthening Programme (Micro Madani) to help 20,700 entrepreneurs nationwide from the micro, small and medium enterprise (MSME) sector. Entrepreneur Development and Cooperatives Minister Datuk Ewon Benedick said… Source link

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