The Malaysian Pulse
Beat of the Nation
Mon, 23 Sep 2019, 11:34 AM
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Topic: SMEs

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MPMA pushes for innovation, digitalisation with Connect @ i4.0 Plastics Industry Conference
In an effort to foster an advanced and innovative industry that embraces Industry 4.0 the Malaysian Plastics Manufacturers Association (MPMA) organized its first Connect @ i4.0 Plastics Industry Confe...
theSun:
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Malaysian products gaining popularity among China’s 1.4 billion consumers: Darell
NANNING: Malaysian products are gaining popularity among the 1.4 billion consumers in China, according to International Trade and Industry (MITI) Minister Datuk Darell Leiking (pix).
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Malaysian products gaining popularity among China’s 1.4 billion consumers, says minister
NANNING (China) Sept 21 ― Malaysian products are gaining popularity among 1.4 billion consumers in China, said International Trade and Industry (MITI) Minister Datuk Darell Leiking.
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Ambank launches programme to help SMEs digitise and grow
KUALA LUMPUR (Sept 20): AMMB Holdings Bhd (AmBank) has launched AmBank BizM.A.T.E., a programme which involves collaborations with partners from various disciplines, to provide products and services r...
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Singapore’s MatchMove acquires strategic stake in P2P lender MoolahSense
MatchMove, a bank-as-a-service platform, has inked an agreement to acquire a strategic stake in peer-to-peer lender MoolahSense. The acquisition is a “multimillion deal” for up to 20% equity in ...
SoyaCincau.com:
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AirAsia upgrades inflight Wi-Fi; users can now watch Netflix and YouTube
AirAsia has upgraded its AirAsia Wi-Fi service, with 6 aircraft operated by AirAsia Malaysia having been upgraded to Ka-band frequencies for inflight Wi-Fi. The platform, GX Aviation, is provided by I...
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Helping businesses stay competitive
PETALING JAYA: The e-commerce component is now inseparable from business operations, with a rising trend of companies establishing their digital presence to cater...
Vulcan Post:
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M’sian Millennials Rank These 6 “Freedoms” And Tell Us What Really Matters In Their Workplace
As a millennial working in a startup, one thing I appreciate is the relative freedom I have at my workplace.
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The fintech startup helping SMEs in the Philippines get access to credit
Small and medium-sized enterprises (SMEs) are an important part of the Asian economy, making up 98% of all enterprises in the region.
The Star:
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Why do big enterprises tend to fail on social media?, opinion
Managing social media indeed requires investment. However, what kind of investments do we need?
The Star:
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Digi to open its 5G OpenLab this Oct 1
CYBERJAYA: The 5G OpenLab, a collaborative effort between Digi Telecommunications Sdn Bhd (Digi) and Cyberview Sdn Bhd, will open its door at RekaScape here...
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The fintech startup helping SMEs in the Philippines get access to credit
Small and medium-sized enterprises (SMEs) are an important part of the Asian economy, making up 98% of all enterprises in the region.
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Govt should allocate support incentives for SMEs in Budget 2020, say industry...
KUALA LUMPUR (Sept 18): Automation revolution industry experts have opined that the government should allocate support incentives for the small and medium enterprises (SMEs), as well as a conducive en...
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The fintech startup helping SMEs in the Philippines get access to credit
Small and medium-sized enterprises (SMEs) are an important part of the Asian economy, making up 98% of all enterprises in the region.
The Star:
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Digital presence is a must for companies to remain relevant
PETALING JAYA: With consumers increasingly going digital, it has become imperative for small and medium enterprises (SMEs) to establish a virtual presence in...
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Digi leads industry dialogue on sustainability as key driver for SME growth
DIGI Telecommunications Sdn Bhd (Digi) organised its annual Sustainability Day on Sept 17 with a focus on the importance for small and medium enterprises (SMEs) to incorporate sustainable business pra...
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When exports to China get digital spike
ONE man’s meat is another man’s poison – the proverb holds true for people’s responses to durian. You either loathe the pulpy-creamy, sweet and stinky fruit or love it...
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Not as simple as using machines
MANUFACTURERS have been put in the spotlight in recent months as the call for automation grows ever stronger and the task of obtaining foreign workers...
Malay Mail:
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Terengganu boosting SME products through T’Mart
KUALA TERENGGANU, Sept 15 — The Terengganu government targets the opening of five more T’Mart outlets within three years towards producing more entrepreneurs in retail business in the state.
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CIDB, Gamuda IBS collaborate to boost construction productivity
KUALA LUMPUR (Sept 13): The Construction Industry Development Board Malaysia (CIDB) through its subsidiary, Construction Research Institute of Malaysia (CREAM), has inked a strategic partnership with ...
Malaysiakini:
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Alibaba to host 2nd Malaysia Week to promote M'sian products
Alibaba Group, in cooperation with the Malaysia Digital Economy Corporation (MDEC), is hosting the second Malaysia Week to promote all things Malaysian to consumers across China.
Malay Mail:
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Alibaba to host second Malaysia Week to promote local products
KUALA LUMPUR, Sept 13 — Alibaba Group, in cooperation with the Malaysia Digital Economy Corporation (MDEC), is hosting the second Malaysia Week to promote all things Malaysian to consumers across Ch...
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Alibaba to host 2nd Malaysia week to promote Malaysian products
KUALA LUMPUR: Alibaba Group, in cooperation with the Malaysia Digital Economy Corporation (MDEC), is hosting the second Malaysia Week to promote all things Malaysian to consumers across China.
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No price tag big enough to justify risking addiction among youth
IN 2016, the Malaysian Cabinet decided to regulate vaping instead of banning its sale like our neighbours Singapore, Thailand and Brunei Darussalam did.At that time, there was no adequate scientific d...
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‘Focus on building your teams’
PETALING JAYA: The key takeaway for small and medium enterprises (SMEs) from the recently concluded SOBA LAB was that business leaders must focus on...
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Bumi entrepreneurs told to equip themselves with digital knowledge or be left...
KUALA LUMPUR (Sept 12): Bumiputera entrepreneurs must equip themselves with skills and knowledge related to the digital economy in order to avoid being left behind in business, said SME Corporation ch...
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SME Corp to encourage digitalisation among SMEs with technology pitching session
KUALA LUMPUR (Sept 12): SME Corporation Malaysia will hold a technology pitching session at the upcoming Future SME Conference 2019 to encourage digitalisation among small and medium-sized enterprises...
theSun:
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Equip yourself with digital knowledge or be left behind, bumi entrepreneurs told
KUALA LUMPUR: Bumiputra entrepreneurs must equip themselves with skills and knowledge related to the digital economy in order to avoid being left behind in business, said SME Corporation chairman Datu...
e27:
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In addition to Arival Bank, we also have updates from Agatha, Pomelo, and Vynn Capital
Singapore’s Arival Bank raises US$2.3M in equity crowdfunding – Finovate Singapore-based digital bank for SMEs and crypto businesses Arival Bank has raised US$2.3 million in a pre-series A equity...
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17 SMEs from Sabah to join China-ASEAN Expo in Nanning
KOTA KINABALU: Local businesses of durian, cocoa, and coconut-based products will be able to showcase their items during the China-ASEAN Expo (CAEXPO) in Nanning, China, on September 21 to 24.
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Maxis, Cisco team up to deliver leading converged ICT solutions
KUALA LUMPUR: Maxis Bhd has teamed up with technology leader, Cisco to jointly deliver a wide range of market leading technologies for businesses in Malaysia.
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Malaysia-China reaffirm commitment to 'Two Countries, Twin Parks' model
KUALA LUMPUR (Sept 11): Foreign Affairs Minister Datuk Saifuddin Abdullah today made an important visit to the China-Malaysia Qinzhou Industrial Park (CMQIP), Guangxi Zhuang Autonomous Region.
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Malaysia, China reaffirm commitment to ‘two country, twin parks’ model
KUALA LUMPUR, Sept 11 — Foreign Affairs Minister Datuk Saifuddin Abdullah today made an important visit to the China-Malaysia Qinzhou Industrial Park (CMQIP), Guangxi Zhuang Autonomous Region.
theSun:
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Bureaucracy, high costs deter Malay-owned SMEs from applying for Halal certs
PETALING JAYA: Bureaucracy and high costs to meet requirements have been cited as the reasons why many Malay-owned small and medium sized businesses (SME)’s do not apply for Halal certification.
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Maximising cost efficiencies for SMEs with HP Printers
HIGHLIGHTING its commitment to assist local SMEs in operating more efficiently, HP’s representatives also spoke on FutureSmart Firmware as an investment for...
The Star:
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Prizes make participants want to go ‘YES’ at StarWalk
PETALING JAYA: The platinum sponsor for the Penang StarWalk, YTL Communications, is offering a cash prize of RM70,000 as well as two three-day, two-night packages...
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China proposes collaborations with Malaysia in halal and tech sectors
CHINA has proposed a collaboration in areas of technology exchange as well as halal products and services with Malaysia during discussions about potential collaboration in the area of Small and Medium Enterprises (SMEs) and startups.
Malay Mail:
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China and Malaysia take first step towards possible halal, tech sector tie-ups
KUALA LUMPUR, Sept 7 — China has proposed a collaboration in areas of technology exchange as well as halal products and services with Malaysia during discussions about potential collaboration in the...
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ABM members disburse RM113.2 bil to eligible SMEs in Jan-June 2019
KUALA LUMPUR (Sept 6): Member banks of the Association of Banks in Malaysia (ABM) have disbursed RM113.2 billion to eligible small-and-medium enterprises (SMEs) in the first six months of 2019, recogn...
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Tech: McKinsey: Ecosystems create new opportunities for corporate banking
BANKS have, for some years now, focused their digitisation efforts within the retail banking space, but it is time for them to start stepping up on the corporate banking side, says McKinsey & Co. “D...
The Star:
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SOBA celebrates 10 years with strong activity line-up
THOSE new to The Star Outstanding Business Awards (SOBA) can take the opportunity to attend the upcoming SOBA LAB on Sept 12, to be conducted in Mandarin.
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Talent pool, robust ecosystem lure investments to Penang — CM
GEORGE TOWN (Sept 5): Penang's success in attracting huge investments in the manufacturing sector is due to the State's ability to prepare a strong talent pool and a robust ecosystem required for the ...
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GLCs urged to give stronger support to SMEs
SUNGAI PETANI (Sept 5): Government-linked companies are urged to give stronger support to the small and medium enterprises (SMEs) rather than relying on imported products to fulfil their needs.
The Borneo Post:
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CM: Resource-rich Sarawak can be a trading state
Abang Johari (seated) performs the launch gimmick for Sarawak Export 2019.
The Borneo Post:
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SMEs in S’wak told to set sights on export market
Awang Tengah (fourth left) presents a memento to Abang Johari.
Malay Mail:
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GLCs urged to give stronger support to SMEs
SUNGAI PETANI, Sept 5 — Government-linked companies are urged to give stronger support to the small and medium enterprises (SMEs) rather than relying on imported products to fulfil their needs.
Malay Mail:
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Talent pool, robust ecosystem lure investments to Penang, says CM
GEORGE TOWN, Sept 5 — Penang’s success in attracting huge investments in the manufacturing sector is due to the state’s ability to prepare a strong talent pool and a robust ecosystem required fo...
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Singapore willing to market Sarawak SMEs' furniture: Awang Tengah
KUCHING (Sept 5): Singapore has indicated its willingness to collaborate with Sarawak small and medium enterprises to market their furniture in the global market, says Deputy Chief Minister Datuk ...
Free Malaysia Today:
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Contractual system to replace pension scheme still under study, says DPM
KUALA LUMPUR: Deputy Prime Minister Dr Wan Azizah Wan Ismail says the proposed contractual scheme to replace the pension scheme for civil servants is still under study.
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SME Bank approves RM30 bil financing to over 17,000 SMEs
KUALA LUMPUR (Sept 4): Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) has approved RM30 billion in financing to more than 17,000 SMEs to date.
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P2P lender Funding Societies appoints three C-level executives
Peer-to-peer lending platform Funding Societies (aka Modalku) has announced new additions to its senior management as it scale its operations.
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Funding Societies appoints new CTO, CEO and CDO
FUNDING Societies | Modalku, the largest peer-to-peer (P2P) lending platform in Southeast Asia, announces the hiring of its newest additions to the senior management.
Malaysiakini:
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MED plans to further strengthen micro, small and medium enterprises
The Ministry of Entrepreneur Development (MED) plans to further strengthen the micro, small and medium enterprises (MSMEs) through more skills development programmes that in line with the Industrial R...
Free Malaysia Today:
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Entrepreneur ministry hopes for higher Budget 2020 allocation
KUALA LUMPUR: The entrepreneur development ministry hopes to be given a higher allocation under Budget 2020, its deputy minister Hatta Ramli said today.
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SlingApp introduces Talent Search feature new pricing plans for recruitment ads
MALAYSIAN job-hunting startup SlingApp, a brand owned by Beneflex Sdn Bhd, has announced a new feature called Talent Search that allows recruiters to search and contact active job seekers who qualify ...
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Shopee opens new regional headquarters in Singapore
Southeast Asian ecommerce firm Shopee announced the opening of its new regional headquarters in Singapore. The move reflects the startup’s commitment to further nurture talent, develop the entrep...
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Muslim-made products campaign is inclusive, claims PAS
PAS secretary-general Takiyuddin Hassan has defended the campaign to buy Muslim-made products first, saying that DAP had misunderstood it as a boycott.
The Star:
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New solution for recurring payments
LOCAL payment services company Mobiversa has launched its latest solution Ezyrec+ to help businesses automate recurring payments.
The Star:
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Automating procurement for SMEs
PROCUREMENT is seldom seen as an area that needs to be automated. For years, companies have purchased their supplies and services through long-standing...
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Huge unmet credit for Cambodia’s businesswomen
CAMBODIAN women entrepreneurs continued to struggle with limited access to financial loans for business expansions, says the International Finance Corporation...
Free Malaysia Today:
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Put off hike in foreign workers’ levy, say SMEs
KUALA LUMPUR: Small and medium enterprises have supported a call to put off the proposed hike in foreign workers’ levy, saying they still need help in lowering the cost of doing business.
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Send mail from your home with Pos Malaysia's new service
Pos Malaysia's new service SendParcel brings the mailing system online – from writing a consignment note to booking a delivery – with deliveries able to be sent from...
The Star:
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SOBA celebrates 10 years with strong activity line-up
Those new to The Star Outstanding Business Awards (SOBA) can take the opportunity to attend the upcoming SOBA LAB on Sept 12, to be conducted in Mandarin.
Malaysiakini:
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Gojek? It’s time to do better, Harapan
LETTER | Syed Saddiq Syed Abdul Rahman's push for the legalisation of Indonesia's Gojek has certainly caused shockwaves on social media.
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Pikom chairman calls for overarching tech ministry in Budget 2020
AS MALAYSIAN prime minister Dr Mahathir Mohammad looks into the restructuring of agencies for a leaner government, Ganesh Kumar Bangah (pic), Pikom chairman, is in favour of having “one ICT or tech ...
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Funding Societies launches first collateralised P2P investment in Malaysia
FUNDING Societies Malaysia, a Peer-to-Peer (P2P) financing platform, has launched Dealer Financing, for the purchase of used cars by identified used car dealers.
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Bank Islam to disburse RM1 bil loans to SMEs this year
KUALA LUMPUR (Aug 28): Bank Islam Malaysia Bhd, the wholly-owned banking entity of BIMB Holdings Bhd (BIMB), aims to disburse RM1 billion worth of loans to small and medium enterprises (SMEs) within t...
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Islamic banking institutions urged to provide training to strengthen SME sector
KUALA LUMPUR (Aug 28): Islamic banking institutions in Malaysia have been urged to provide extensive financing and entrepreneurship training to small and medium enterprises (SMEs) in order to strength...
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Gojek? Go look elsewhere, Syed Saddiq
Syed Saddiq Syed Abdul Rahman’s push for the legalisation of Gojek has certainly caused shockwaves on social media.
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Hong Leong Bank targets 5-6% loan growth for FY20
KUALA LUMPUR (Aug 28): Hong Leong Bank Bhd (HLB), which recorded a loan growth of 6.6% in its financial year ended June 30, 2019 (FY19), is targeting a slightly lower loan growth of between 5% and 6% ...
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Maybank to provide special offers, rates in month-long SME campaign
KUALA LUMPUR, Aug 28 — Maybank will provide exclusive offers and promotional rates for small and medium enterprise (SME) clients under a month-long campaign that starts on Sept 1.
Malay Mail:
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BIMB to disburse RM1b loans to SMEs this year
KUALA LUMPUR, Aug 28 — BIMB Holdings Bhd aims to disburse RM1 billion worth of loans to small and medium enterprises (SMEs) within the financial year ending Dec 31, 2019 compared with more than RM50...
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Go look elsewhere, Syed Saddiq ― Taufiq Ahmad
AUGUST 28 ― Syed Saddiq’s push for the legalisation of Go-Jek has certainly caused shockwaves on social media.
Malay Mail:
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HSBC to cut fees, offer rebates to boost struggling small Hong Kong firms
HONG KONG, Aug 28 ― HSBC said today it will offer rebates and fee reductions for small and medium-sized companies in Hong Kong, as the city's economy struggles.
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Need to diversify financing ecosystem to help SMEs obtain funds
KUALA LUMPUR: Malaysia needs to diversify its financing ecosystem in order to help small and medium enterprises (SMEs) obtain funds for business growth...
The Borneo Post:
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NRDA to upgrade run-down wooden jetties, walkways — Awang Tengah
Awang Tengah (left in the backhoe loader) driving the first pile for Kampung Bayan community hall in Kuala Lawas at the earth-breaking ceremony.
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Build road links to Kalimantan first, says expert
KOTA KINABALU: There is no guarantee the proposed relocation of Indonesia’s capital to East Kalimantan from Jakarta will bring a windfall to its neighbours, a senior university lecturer said today.
theSun:
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Need to diversify financing ecosystem to help SMEs obtain funds: Guan Eng
KUALA LUMPUR: Malaysia needs to help diversify the financing ecosystem in order to help the small and medium enterprises (SMEs) obtain funds for business growth, beyond the orthodox banking system, sa...
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Guan Eng : Malaysia needs to diversify financing ecosystem to help SMEs
KUALA LUMPUR (Aug 27): Malaysia needs to help diversify the financing ecosystem in order to help the small and medium enterprises (SMEs) obtain funds for business growth, beyond the orthodox banking s...
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Guan Eng on need to diversify financing ecosystem to help fund SMEs
KUALA LUMPUR, Aug 27 — Malaysia needs to help diversify the financing ecosystem in order to help the small and medium enterprises (SMEs) obtain funds for business growth, beyond the orthodox banking...
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Alliance Bank Q1 net profit at RM76.7mil after OPR cut, impairments
KUALA LUMPUR: Alliance Bhd posted net profit of RM76.68mil in its first quarter ended June 30, 2019 as it made a full provision and impairment amounting to...
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SMEs wary about Industry 4.0, but they shouldn’t be, say industry reps
THE term Industry 4.0 has been bandied about for a few years now and while some enlightened folk in the industry may tout its benefits, small- and medium-sized enterprises (SMEs) are still generally n...
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RHB's Q2 earnings rise 7.9% to RM615.4m
KUALA LUMPUR: RHB Bank Bhd's net profit for the second quarter ended June 30, 2019, was 7.9% higher from the previous corresponding quarter at RM615.4mil...
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AMMB Holdings will improve further after 1Q earnings : Daiwa
KUALA LUMPUR (Aug 26): Malaysian investment-holding-company AMMB Holdings has a positive earnings outlook after its 1Q20 earnings beat Daiwa's expectations, the brokerage says, as it upgrades the stoc...
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Singapore’s ACE launches innovation festival EPIC, new Innovation Enablers Network
To mark its 5th anniversary, the Action Community for Entrepreneurship (ACE), a private-led organisation with a mission to drive innovation and entrepreneurship in Singapore, together with JTC, had a ...
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Branding it right
WHILE small and medium enterprises (SMEs) are becoming increasingly aware of the link between corporate branding and the bottom line, the initiatives...
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Meeting merchants’ needs
NOT long ago, the startup scene was largely driven by technology companies promising to make it easier for consumers to obtain products and services online.
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SME Bank going beyond financing, to offer more digital services
KUALA LUMPUR: Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank), an agency under the Entrepreneur Development Ministry, has embarked on a...
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Local makers feel the heat
TO BE sure, there is a general perception that the market is about to get tougher this second half of the year. The first half was already looking rather poor.
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Ambank records 12.62% higher Q1 net profit of RM391.46m
KUALA LUMPUR: AMMB Holdings Bhd closed its first financial quarter ended June 30 with a 12.62% year-on-year (y-o-y) jump in net profit to RM391.46mil on the back of higher trading and insurance income.
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SOBA celebrates 10 years with strong activity line-up
PETALING JAYA: Those new to The Star Outstanding Business Awards (SOBA) can take the opportunity to attend the upcoming SOBA LAB on Sept 12, to be conducted in Mandarin
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BNM addresses ‘difficult financing’ perception with MyKNP platform
KUALA LUMPUR: Bank Negara Malaysia (BNM) has established a platform — the Khidmat Nasihat Pembiayaan or MyKNP — to provide assistance to small and medium enterprises (SMEs) and homebuyers who have...
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Affordable home fund eligibility eased
KUALA LUMUR: Bank Negara is intensifying efforts to assist first-time homebuyers by doubling its previous caps on household income and property prices to allow more to access its RM1bil fund.
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From micro entrepreneurs, could digital industries grow?
WHEN participants at the recent graduation ceremony for 50 micro entrepreneurs (pic, above) taking part in MDEC’s Level Up eUsahawan programme were asked, “Do you want more?”, the answer was a r...
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CTOS launches SME credit score to standardise creditworthiness measure
CURRENTLY, there are almost a million SMEs in Malaysia contributing 37% to the national GDP.
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BNM launches free financial advisory services for SMEs and home buyers
KUALA LUMPUR: Bank Negara Malaysia (BNM) has launched free financial advisory and recommendations services for small and medium enterprises and home buyers who were unsuccessful in obtaining financing...
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BNM establishes programme to assist financing of SMEs, housebuyers
KUALA LUMPUR (Aug 21): Bank Negara Malaysia (BNM) today established the 'Khidmat Nasihat Pembiayaan' (MyKNP) programme, aimed at assisting SMEs and housebuyers that have previously been unsuccessful i...
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BNM establishes programme to assist financing of SMEs, housebuyers
KUALA LUMPUR (Aug 21): Bank Negara Malaysia (BNM) today established the 'Khidmat Nasihat Pembiayaan' (MyKNP) programme, aimed at assisting SMEs and housebuyers that have previously been unsuccessful i...
Malay Mail:
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Free financial advisory services launched for SMEs and home buyers
KUALA LUMPUR, Aug 21 — Bank Negara Malaysia (BNM) has launched a free financial advisory and recommendations services for small and medium enterprises and home buyers who were unsuccessful in obtain...
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Bank Negara raises income, property price ceilings under RM1b affordable home...
KUALA LUMPUR (Aug 21): Bank Negara Malaysia (BNM) has expanded the eligibility criteria of its RM1 billion Fund for Affordable Homes, a fund that was set up earlier this year to help those from the lo...
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