KUALA LUMPUR: Malaysia has come in amongst the top three in a study conducted by McKinsey & Company on the economic impact of the Internet on the Gross Domestic Product (GDP) of nine aspiring countries – Taiwan, Malaysia, Hungary, Argentina, Mexico, Morocco, Turkey, Vietnam and Nigeria. ...

IPOH: Perak folk can now find out what's happening in the local business scene on Biz Zoom.   The monthly newspaper, which was launched last December, offers updates and information on the economy and business-related news.  Biz Zoom chief executive officer P. Vicnesh said the Malay-l...

KUALA LUMPUR, Jan 27 (Bernama) -- Registrations for new companies and businesses in Malaysia this year will not be affected by the global economic turmoil, says Companies Commission of Malaysia (CCM).Chief Executive Officer Mohd Naim Daruwish said on the average about 40,000 new companies and 60,0...

KUALA LUMPUR: SME Bank aims to disburse close to RM1 billion in loans to small- and medium-scale enterprises (SMEs) next year despite forecasts of a weaker economic environment.Its managing director, Datuk Mohd Radzif Mohd Yunus, said loan disbursements will focus on projects under the Nation...

NOW is not the time for the small- and medium-sized enterprises (SMEs) to be content with what they have achieved as today’s business environment has become more competitive. SMEs must scale up and not remain small or medium-sized or they could succumb to pressures from bigger players in th...

KUALA LUMPUR, Jan 17 (Bernama) -- Market development grants (MDG) will be increased four-fold to RM52.5 million this year, from RM12.34 million allocated last year, says International Trade and Industry Minister Datuk Seri Mustapa Mohamed.He said the eligibility ceiling for the grant has been rais...

KUALA LUMPUR Jan 12 (Bernama) -- Investors are advised to invest more in fixed income or bonds, compared to equities in the current economic situation.Citibank Malaysia's Head of Investment Strategist and Research, Wealth Management Products, Steven Yong said a defensive strategy with a larger por...

KUALA LUMPUR, Jan 12 (Bernama) -- The Federation of Malaysian Manufacturers (FMM) is urging the Ministry of Human Resources to expedite amendments to the labour laws to provide equitable legislation especially in the firing and hiring of employees.FMM vice-president Raja Datuk Abdul Aziz Raja Muda...

KUALA LUMPUR, Jan 10 (Bernama) -- The Malaysia External Trade Development Corp (Matrade) expects bilateral trade between Malaysia and Saudi Arabia to experience positive growth this year.In 2010, bilateral trade amounted to RM9.32 billion while for the first 10 months of 2011, it rose 47 per cent ...

 KUALA LUMPUR: Malaysia's Industrial Production Index (IPI) in November 2011 edged up by 1.8 per cent compared with the same month in 2010 due to the increase in manufacturing and electricity index.The IPI in October was revised to 2.9 per cent from 2.8 per cent year-on-year.In a statement to...

IPOH, Dec 31 (Bernama) -- Prime Minister Datuk Seri Najib Razak will chair a meeting next month to review the status of projects implemented under the Economic Transformation Programme, said Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah.He said the meeting would also be attended by the ...

KUALA LUMPUR, Dec 30 (Bernama) -- The Federation of Malaysian Manufacturers (FMM) wants the government to adopt holistic and effective measures to reduce dependency on foreign workers in the long term in line with the aim to become a high-income economy.In a statement today, FMM said it supported ...

KUALA LUMPUR: The Malaysia External Trade Development Corp (Matrade) plans to increase bumiputra and women entrepreneurs’ contribution to the country’s total exports to more than 20% by 2015. Deputy chief executive officer Datuk Zakaria Kamarudin said currently, th...

KUALA LUMPUR, Dec 28 (Bernama) -- Small and medium-sized entrepreneurs (SMEs) should seize the lucrative potentials within the burgeoning global halal market as it is the epitome of the Blue Ocean strategy, Deputy International Trade and Industry Minister Datuk Mukhriz Mahathir says. "When a m...

JOHOR BARU: Small and medium industries (SMEs) are told not to panic in view of the ongoing eurozone debt crisis and the US economic slowdown but to instead look for alternative markets. South Johor SME Association chairman Teh Kee Sim (pic) said Asean, China and India offered good oppo...

KUALA LUMPUR, Dec 27 (Bernama) -- Having successfully ridden out the global financial crisis of 2008 and 2009, Malaysia's economy appears to be well placed to continue its progress into 2012 and beyond.This is according to a report by the Oxford Business Group (OBG), a global economic intelligence...

KUALA LUMPUR, Dec 23 (Bernama) -- The era of local companies being more keen to invest overseas has come to an end, says Deputy International Trade and Industry Minister Datuk Mukhriz Mahathir.He said the companies had seen a lot of excitement in the local economy due to the Economic Transformatio...

KUALA LUMPUR, Dec 22 (Bernama) -- Small-and-medium enterprises (SMEs), comprising 99 per cent of the country's businesses, are likely to contribute further to the Malaysian economy as they chalk up dynamic growth next year boosted by six high impact programmes initiated by the government.The six p...

KUALA LUMPUR: SME Bank aims to disburse close to RM1 billion in loans to small- and medium-scale enterprises (SMEs) next year despite forecasts of a weaker economic environment.Its managing director, Datuk Mohd Radzif Mohd Yunus, said loan disbursements will focus on projects under the Nation...

KUALA LUMPUR: SME Bank aims to disburse RM1bil in loans to small and medium-scale enterprises (SMEs) next year. Its managing director Datuk Mohd Radzif Mohd Yunus said the loan disbursement would focus on projects under the National Key Economic Areas and SME Bank's ...

KUCHING, Dec 17 (Bernama) -- Non-Muslim entrepreneurs and companies in Sarawak are encouraged to venture into the halal industry by following the standards set by Islamic councils and world bodies. Its Chief Minister Tan Sri Abdul Taib Mahmud said a Taiwanese company, who had received the certifi...

JOHOR BARU: Development in Iskandar Malaysia will bring economic opportunities and benefits not only to the big companies and investors but also to small and medium-sized enterprises (SMEs). Iskandar Regional Development Authority (Irda) chief executive officer Ismail Ibrahim said Irda ...

KUALA LUMPUR, Dec 15 (Bernama) -- The Employees Provident Fund (EPF) today announced that driven by commendable returns from equity investments, it had registered a healthy RM6.80 billion in investment income for the third quarter ended Sept 30, 2011 (Q3).This is a year-on-year growth of 18.32 per...

NEXT TECHNOLOGY: Photo shows an example of Ranbuild¡¯s pre-engineered building, a multi-entry garage. KUCHING: To support the growth of the local small medium industry (SMI) and small medium enterprise (SME) sector, BlueScope Engineering Systems offers ¡®Ranbuild¡¯ solution, light-weight cold-for...

KUALA LUMPUR, Dec 13 (Bernama) -- Malaysia is expected sustain the growth momentum in ringgit-denominated sukuk issuance next year, driven by the roll out of Economic Transformation Programme (ETP) projects.HSBC Amanah Malaysia Bhd Chief Executive Officer Rafe Haneef said the growth had been signi...

KOTA KINABALU, Dec 13 (Bernama) -- Small Medium Enterprises (SMEs) have been accorded special focus in the second phase of the Sabah Development Corridor (SDC), said Sabah Chief Minister, Datuk Seri Musa Aman Tuesday.He said during the five-year implementation of the second phase until 2015, the S...

PETALING JAYA: October's factory output, as measured by the industrial production index (IPI), unexpectedly increased by 2.8% on an annualised basis following gains in the manufacturing and electricity sub-indices. The median consensus among economists in a Bloomberg survey was for a 1....

KUALA LUMPUR, Dec 8 (Bernama) -- Malaysia's trade volume is expected to grow by 88 per cent to US$552.8 billion in 2025 from US$325.3 billion in 2010, said HSBC Bank Malaysia Bhd.Its trade and supply chain director, Ng Wei Wei, said Malaysia's merchandise trade volume in 2025 would account for 1.1...

KUALA LUMPUR: United Arab Emirates (UAE)'s leading businesswomen are looking into investment opportunities to work with Malaysians in two areas - Islamic finance and halal food. President of the Abu Dhabi Business Women Council and chief operating officer of Al Jaber Group Fatima Al Jaber said Is...

KUALA LUMPUR, Dec 5 (Bernama)-- SME Corporation Malaysia and Microsoft Malaysia on Monday announced a landmark agreement to transform Malaysian small and medium enterprises (SMEs) with cloud computing technology using the Office 365 productivity suite.Microsoft Malaysia managing director Ananth La...

ON THE GO: The Information, Communications and Culture Minister Datuk Seri Utama Dr Rais Yatim giving his speech before launching the ‘Get Malaysian Business Online’ yesterday. — Bernama photo KUALA LUMPUR: Google Malaysia targets 50,000 small and medium enterprises (SM...

 ABU DHABI, Nov 23 (Bernama) -- Women entrepreneurs need to focus on creating innovations as a platform to achieve success in their businesses, said the Malaysian Prime Minister''s wife Datin Seri Rosmah Mansor today. She said innovation, particularly technological innovation, should be vi...

BANGI, Nov 23 (Bernama) – The government, via the Small and Medium Enterprise Corporation Malaysia (SMECorp), will allocate RM321.8 million to finance 53 entrepreneur development programme next year, says Deputy Prime Minister Tan Sri MuhyuddinYassin.He said 36,323 small-and-medium entrepren...

 KUALA LUMPUR, Nov 17 (Bernama) -- A 60-member Malaysian business delegation to Nepal earlier this week, signed six memoranda of understanding (MoUs), with three Small Medium Enterprises (SMEs) having started negotiations on investments in manufacturing, tourism and retail marketing. The ...

KUALA LUMPUR, Nov 17 (Bernama) -- Global defence and security company, BAE Systems, is exploring new industrial partnership opportunities with Malaysian small-and-medium-sized enterprises (SMEs) to bring leading-edge technology and innovation into Malaysia. The company and SME Corporation Malay...

KUALA LUMPUR: Malaysian small and medium enterprises (SME) expect to encounter difficulty in accessing extra finance this year and next due to tighter lending conditions and the higher cost of finance, according to Alex Malley, CEO of CPA Australia. He was citing the professional body’s 2011...

Importers, exporters will deal directly with shipping lines from Dec 1 PORT KLANG: Members of the Federation of Malaysian Freight Forwarders (FMFF) will no longer provide container deposits and letters of indemnity to shipping lines on behalf of their customers effective Dec 1 as they feel the pr...

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KUALA LUMPUR, Nov 10 (Bernama) -- Small and Medium Enterprise Corp Malaysia (SME Corp) is working closely with Bank Negara Malaysia and the Association of Banks in Malaysia (ABM), to promote the 1-Innovation Certification for Enterprise Rating & Transformation (1-InnoCERT) programme.Its chairm...

KUALA LUMPUR, Nov 10 (Bernama) -- Malaysia is on the right path to achieve high-income status by 2020, given the one-year implementation of the Economic Transformation Programme (ETP) has yielded positive results.Minister in the Prime Minister's Department, Datuk Seri Idris Jala, said the numbers ...

KUALA LUMPUR: Asia-Pacific Economic Cooperation (Apec) leaders, who meet in Hawaii for their summit soon, must demonstrate solidarity in helping small-and medium-sized enterprises (SMEs) by implementing policies and strategies to boost micro-finance development in the region. The move, cru...

KUALA LUMPUR, Nov 4 (Bernama) -- The government should establish new types of agreements to attract Chinese investments into Malaysia, says the Patron of the World Chinese Economic Forum, Tan Sri Lee Kim Yew.He said the new agreements, like cost amendment or cross-investment, are needed to woo Chi...

20111015 - Funding for SMEs to tap overseas markets         2011108 - Apec must support SMEs  

Related News Ïà¹ØÐÂÎÅ£º(Click to view image / Çëµã»÷ÏÔʾ´óͼ£©       SUBANG JAYA, Nov 12 (Bernama) -- The appointment of the Department of Islamic Development Malaysia (JAKIM) as the sole halal certification body from Jan 1, 2012 will affect the food and manu...

KOTA KINABALU, Nov 2 (Bernama) -- The International Trade and Industry Ministry hopes the Bumiputera Entrepreneur Development Programme will be extended to cover small-and-medium enterprises in the outskirts.Deputy Minister Datuk Jacob Dungau Sagan said SMEs accounted for 19 per cent to the countr...

KUALA LUMPUR, Nov 1 (Bernama) -- The Economic Transformation Programme (ETP) will enable the country to record a higher four per cent growth while earning more revenue to avoid bankruptcy.Minister in the Prime Minister's Department, Datuk Seri Idris Jala, said for the next ten years, if the Malays...

KUALA LUMPUR: Malaysia is expected to be a leading destination for investors with the implementation of the corporate governance blueprint early next year, said Malaysian Institute of Corporate Governance vice-president Margaret Chin.She said investors are looking at a country with the most s...

KOTA BARU: Malaysian Industrial Development Finance Bhd (MIDF) will disburse speedily the emergency fund allocated under the 2012 Budget to small- and medium-sized industries (SMIs) hit by floods.MIDF managing director Datuk Mohd Najib Abdullah said entrepeneurs involved could expect to recei...

GENTING HIGHLANDS, Oct 30 (Bernama) -- Small and medium enterprises (SMEs) need to shift their efforts from "trying to be big" to "trying to be best".Second Finance Minister, Datuk Seri Ahmad Husni Hanadzlah, said the idea that a successful SME needed to grow and become a big conglomerate was not ...

IPOH, Oct 29 (Bernama) -- SME Bank has approved loans totalling RM1.3 billion as of September this year, a 62 per cent increase over the same period last year, said managing director Datuk Mohd Radzif Mohd Yunus."Efforts by SME Bank staff over the last one year and nine months have transformed the...

PETALING JAYA, Oct 28 (Bernama) -- It is time for Asean countries to collaborate in the manufacturing sector to take advantage of its vast market potential, while sharing research and development costs, said the president of the Chinese Chamber of Commerce & Industry of Kuala Lumpur and Selang...

KUALA LUMPUR: Malaysia is on the right path towards a digital economy by 2020 amid strong demand for new technology, says Nielsen, a leading global information and analytics provider. There is strong interest for new technology as Malaysians are ready for the changes as shown in the Malaysian Dig...

AMIDST expectations of slowing loan growth next year, lending to the household sector will continue to dominate with stronger demand from corporates and small and medium-size enterprises (SMEs). Overall banking system loans registered a growth of 13.2% for the first eight months of the year; howe...

KUALA LUMPUR, Oct 20 (Bernama) -- Despite the average global corporate tax rate falling to 22.96 per cent last year from 29.03 per cent in 2000, Malaysia is expected to maintain its current rate until the introduction of the goods and services tax (GST) is firmly under way. Since 2009, Malaysia's c...

PUTRAJAYA: Malaysia needs a solid push and a clear framework to build a digital economy which will be an important enabler for the country's transformation, said Prime Minister Datuk Seri Najib Tun Razak. He said it was undeniable that the next wave of economic growth would come from the kno...

SINGAPORE, Oct 19 (Bernama) -- As of September this year, Iskandar Malaysia recorded a total cumulative committed investment of RM77.82 billion from various sectors.Iskandar Regional Development Authority (IRDA) Chief Executive, Ismail Ibrahim said of this total, 60 per cent (RM46.63 billion) was ...

KUALA LUMPUR, Oct 19 (Bernama) -- Malaysian companies need to adopt the new paradigm of 'open innovation model' which strategically leverages internal and external sources of ideas. This new and growing business model can lead to the creation of more investment opportunities and stimulate economic ...

KUALA LUMPUR: Young entrepreneurs in the Asia-Pacific Economic Cooperation (Apec) member economies can become ‘agent of change’ to spearhead transformation by creating innovative business cultures in their respective societies, says Deputy Prime Minister Tan Sri Muhyiddin Yassin. ...

KUALA LUMPUR: The Asia Pacific Economic Cooperation Young Entrepreneurs' Summit 2011 (Apec Yes), which will start tomorrow, promises a good avenue for local small- and medium-sized companies (SMEs) to integrate into the Apec economies.International Malaysian Chamber of Commerce Ltd (IMCC) pre...