Sharakah, OPAL collaborate to support SMEs, youth projects

Muscat – Oman’s leading SME development firm Sharakah signed a Memorandum of Understanding recently with Oman Energy Association (OPAL), a non-profit dedicated to the energy and minerals sector. The partnership aims to support the development of youth projects in Oman, emphasising the significance of nurturing business growth for a more substantial impact. The agreement was signed by Ali… Source link

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Unbox & Discover 2024: Samsung Malaysia’s AI-Powered Journey

Unbox & Discover 2024 is back and ready to take you on a journey powered by the magic of AI. Samsung Malaysia Electronics invites you to join us for an unmissable livestream where we unveil the latest and greatest innovations. Witness how cutting-edge technology meets everyday life, transforming the way you live, work and… Source link

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AI Yamuna Denton’s Invests AED 35 Million to Boost Production Capacity in Ras Al Khaimah

, has announced an investment of AED 35 million to expand its facility in Ras Al Khaimah. The expansion, set to be completed by May, will boost the company’s regional operations, underscoring its commitment to serving the power distribution industry with innovative solutions. Established over 50 years ago, Al Yamuna Densons initiated its assembling unit in in 2013. Since then, the company has… Source link

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MALAYSIAN CAPITAL MARKET GREW 5.6 PCT TO RM3.8 TRILLION IN 2023 – SC CHAIRMAN

KUALA LUMPUR, March 25 (Bernama) — Malaysia’s capital market grew by 5.6 per cent last year to RM3.8 trillion, largely driven by a vibrant bond market. Securities Commission (SC) chairman Datuk Seri Dr Awang Adek Hussin said the fund management industry also contributed to the resilience of the local capital market, with total assets under management hitting a new high of RM975.5… Source link

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AGF, NDF Canvass Green SME Funding In Nigeria

The African Guarantee Fund (AGF), in collaboration with the Nordic Development Fund (NDF) has proposed solutions to addressing financing for smaller and medium-sized enterprises committed to green growth and climate-resilient development.Both organisations hosted the ninth edition of the Green Finance Conference under the theme: ‘The Role of Africa’s Private Sector in The Paris Agreement… Source link

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Seeking to deepen presence in SME market

CIMB Group is striving to deepen its presence in the small and medium enterprise (SME) space to capture the lucrative segment. Its co-chief executive officer (group commercial and transaction banking) Lawrence Loh tells StarBizWeek judging from the fact that SMEs are the backbone of the Malaysian economy, with… Source link

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Maybank collaborates with Doxa

Maybank announces an MOU signed with Singapore-headquartered fintech, Doxa Holdings International (Doxa), to collaborate on providing and elevating supply chain financing (SCF) solutions for market players in the building and construction sector, and later expanding into other industries. Under Maybank’s Malaysia-Singapore trade corridor strategic play, Doxa Connex… Source link

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Fortinet partners with Sunway University to develop cybersecurity talent

3rd uni to join from Malaysia after Universiti Teknologi Petronas and MMU Mix of classroom instruction, hands-on laboratory work & real-world exercises Fortinet®, a global cybersecurity company signed a Memorandum of Understanding (MOU) with Sunway University, one of Malaysia’s leading private universities, to provide its students with Fortinet’s industry-recognized Source link

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Public Consultation on draft Governance Code for Malaysian Micro, Small, Medium and Enterprises

The SME Governance Working Group (‘the Working Group’) issued a draft Governance Code for Malaysian MSMEs[1] (‘Code’) on 11 March 2024 for public consultation. The Working Group was formed with the support of the Ministry of Entrepreneur and Cooperative Development (‘MECD’) and is chaired by the Securities Commission Malaysia (‘SC’) with members comprising representatives from… Source link

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SMEs must unite to navigate Malaysia’s digital frontier

This article first appeared in Forum, The Edge Malaysia Weekly on March 18, 2024 – March 24, 2024 In the dynamic landscape of Malaysia’s business environment, small and medium enterprises (SMEs) stand as the unsung heroes, constituting a staggering 98.5% of the 920,624 business establishments and forming the backbone of our nation’s economic resilience. However, a glaring disparity persists… Source link

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