This article first appeared in The Edge Malaysia Weekly on May 27, 2024 – June 2, 2024 THE Leading Entrepreneur Accelerator Platform — better known as the LEAP Market — is often seen as a stepping stone for small and medium enterprises (SMEs) looking to eventually list on Bursa Malaysia’s ACE Market and Main Market. To date, 53 companies have been listed on it since its launch in 2017.
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KUALA LUMPUR: Alliance Bank Bhd aims to empower small and medium enterprises (SMEs) to accelerate their business growth through its BizSmart Challenge Accelerator Edition by partnering with private equity and venture capital firms. Alliance Bank group chief executive officer Kellee Kam highlighted the launch of… Source link
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KUALA LUMPUR (June 5): Bank Rakyat has allocated RM50 million via the Bank Rakyat Indian Entrepreneur Financing-i (BRIEF-i) programme to assist the Indian entrepreneur community operating micro, small and medium enterprises (MSMEs) in terms of working capital and capital expenditure for business expansion. Deputy Entrepreneur Development and Cooperatives Minister Datuk Ramanan Ramakrishnan… Source link
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BEIRUT, June 5 (Xinhua) — The European Bank for Reconstruction and Development (EBRD) and the European Union have launched a program worth 12.5 million euros (13.6 million U.S. dollars) to support Lebanese small and medium-sized enterprises (SMEs) in adopting sustainable practices, the bank said on Wednesday… Source link
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KUALA LUMPUR: Alliance Bank Malaysia Bhd has launched BizSmart Challenge Accelerator Edition to empower small and medium enterprises to accelerate their business growth. Alliance Bank Group CEO Kellee Kam stated that the seventh iteration of BizSmart Challenge will be expanded to include SMEs that have been operating for one to 10 years, with annual sales revenues ranging from RM500,000 to… Source link
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KUALA LUMPUR: Alliance Bank Malaysia Bhd has launched the seventh edition of the BizSmart Accelerator Challenge (BizSmart Challenge) to empower small and medium enterprises to accelerate their business growth. Alliance Bank Group CEO Kellee Kam stated that BizSmart Challenge will be expanded to include SMEs that have been operating for one to 10 years, with annual sales revenues ranging from… Source link
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by Fintech News Malaysia June 5, 2024 Funding Societies, Southeast Asian SME digital finance platform, has announced a partnership with Good Foodie Media, a lifestyle-focused digital media company. This partnership… Source link
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2-year R&D effort, launch comes on heels of national Cybersecurity Bill 2024 AI chatbot to be latest feature added to help bolster undermanned SMEs cope with threats According to LGMS Bhd, a Malaysian cybersecurity company listed on Bursa Malaysia, 84.7% of SMEs in the country have experienced cyber threats in 2022. And with the digital economy expected to contribute 25%… Source link
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This article first appeared in The Edge Malaysia Weekly on May 27, 2024 – June 2, 2024 AutoCount Dotcom Bhd (KL:ADB), which debuted on the ACE Market last May, has seen its share price gain by over 50% this year. The surge may be attributed to expectations that the business software developer and distributor stands to benefit from the implementation of e-invoicing by the Inland Revenue Board… Source link
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New offering aims to reduce the HKD$160,000 in annual average operating costs per SME in Hong Kong HONG KONG SAR – Media OutReach Newswire – 5 June 2024 – SMEs in Hong Kong spend over 2,298 hours per year on dated methods of financial management, resulting in an average annual operating cost of HK$160,000 per SME. This was the alarming figure highlighted in a study by KPay, a leading… Source link
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