Monday, February 17, 2020
Effective 1 February 2020, Syarikat Jaminan Pembiayaan Perniagaan Berhad (SJPP) will start to accept applications to provide Government guarantee schemes to Malaysian SMEs. The schemes were launched by Finance Minister Lim Guan Eng at an event on 21 January 2020 at Shangri-La Hotel, Kuala Lumpur. The Government guarantee schemes will...
Proton Holdings targets to sell at least 132,000 units of vehicles in 2020, up from 100,821 units in 2019. Chief executive officer Dr Li Chunrong said the target would be bolstered by at least two new model launches, growing export markets and adding more 3S and 4S centres this...
13 Southeast Asian Startups Received Accolades at the ASEAN Rice Bowl Startup Awards The ASEAN Rice Bowl Startup Awards (Rice Bowl) has returned for another year of celebrating excellent startups within the ASEAN region. 13 leading ASEAN startups were named category winners at the 5th ASEAN Rice Bowl Startup Awards...
Easing export headwinds, policy support, Southeast Asia outperformance and consumption the main positives Excessive stimulus, volatile US policy and financial risks, particularly from quantitative easing, the most prominent threats Autos, aviation and electronics look well placed for a recovery Taiwan and Vietnam expected to outperform other regional economies The...
We have entered a new decade and things are not looking bright for businesses. ADA (part of the Axiata Group) spoke to decision makers and the consensus is grim – over 76% of marketers say they will struggle with sluggish consumer growth. ADA has released a thought leadership piece...
As of 15 January, about 15 million Malaysians will be eligible to claim RM30 from the government through one of three e-wallet operators – GrabPay, Boost, and Touch ‘n Go eWallet. Malaysia’s finance minister, Lim Guan Eng, said that the government has allocated RM450 million for this initiative which...
Business sentiment among Malaysia companies has increased for the fourth consecutive quarter in Q1 2020. According to Dun & Bradstreet (D&B) Malaysia’s Business Optimism Index (BOI) study, BOI inched up by 0.64 percentage points from +9.58 percentage points in Q4 2019 to +10.22 percentage points in Q1 2020. On a...
Entrepreneur Development Ministry to minimise bureaucracy to propel SME growth The Ministry of Entrepreneur Development will minimise bureaucracy involving the development of Small and Medium Enterprises to enable them to contribute 41 per cent to the country’s Gross Domestic Product (GDP) this year. Minister Datuk Seri Mohd Redzuan Yusof said...
After years of reconnaissance, China’s retail king Alibaba is finally making its move on Europe. It is undercutting Amazon sellers’ fees to attract vendors but has had mixed results, six sources with direct knowledge of the matter said. A flood of small businesses have joined its European platform, AliExpress, in...
World Bank: Global economy faces tenuous recovery beset by risks The World Bank has cautioned that recovery in a handful of countries will boost global growth slightly this year but the outlook is riddled with potential pitfalls that could derail this tepid upswing. A renewal of trade tensions, which eased...

Minister to meet SMEs

Ministry of Entrepreneur Development to host dialogue session with SMEs Minister of Entrepreneur Development, Datuk Seri Mohd. Redzuan Yusof will meet small and medium enterprises in 21 January, The meeting, to be organised by the SME Corporation Malaysia, will serve as a platform to gather feedback and comments on the...
RAM Business Confidence Index suggests negative sentiment bottoming out The latest RAM Business Confidence Index (RAM BCI) suggests a possible bottoming out of negative sentiment among Malaysian businesses. The Corporate Index finally bucked the downtrend of the last few quarters to rise 3.2 points to 56.4 while the SME Index...

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