Saturday, December 5, 2020
Malaysia saw a relative lull in Covid-19 cases earlier in 2020. Thanks to effective lockdown measures and social distancing rules, the country was able to effectively contain the spread of the coronavirus, thus allowing workers to return to the office. Businesses took the opportunity to enhance their business continuity...
Countries throughout the world have been suffering from the economic devastation brought about by the Covid-19 pandemic. Even as the world recovers, new waves of the coronavirus has begun threatening nations that have only just begun to get back on their feet. However, Vietnam is shaping up to be Southeast...
A week after the 11.11 Singles Day sale, and it has become apparently clear that the online sale was a welcome boon for local entrepreneurs and SMEs in Malaysia; who have suffered greatly due to the reimplementation of partial lockdowns. Shopee Malaysia regional managing director Ian Ho said the 11.11...
Recently, fifteen Asia-Pacific economies came together to sign what could become the world’s largest free trade agreement in history. The trade deal, which was signed last Sunday, will cover nearly a third of the global population and about 30 percent of its GDP. The Regional Comprehensive Economic Partnership (RCEP) will...
Japan will support SME aviation parts suppliers expanding further into Asia, first joining forces with Malaysia to ease exports and joint ventures. Tokyo and Kuala Lumpur will soon confirm plans to work together in promoting the aviation industry. Malaysia is a hub of global aerospace manufacturers, including General Electric, that...
Once an entrepreneur has established themselves as well as their business, they will likely be looking towards expansion. Franchising is a common choice, and most business owners would already have a proof of concept to begin doing so. Despite that, most tend to not have a roadmap to move...
Digitalisation and innovation are key for SMEs survival as the travel industry emerges from Covid-19’s impact according to a report by the Pacific Asia Travel Association (PATA), revealed at the World Travel Market. PATA’s research report “The role of Online Travel Agencies (OTAs) in supporting Asia-Pacific SMEs in Recovery” aims...
Singapore has been making good progress with regards to its Covid-19 recovery plan. The island nation is now in its second phase of reopening, allowing both locals and foreigners greater freedom and flexibility in terms of business and leisure. However, according to Education Minister Lawrence Wong, the nation will only...
Malaysia’s Budget 2021 certainly contained measures that will provide more breathing space for the individual, but many are still concerned over issues that relate to supporting the struggling SMEs of the country; as a new wave of Covid-19 sweeps across the nation. While some SMEs are rather optimistic about...
With the year end fast approaching, one of the world’s longest Christmas celebrations are expected to kick-off soon in the Philippines. At the forefront of the holiday rush are the massive shopping malls the country is known for; vast emporiums that are carefully decorated to appeal to the holiday...
It is encouraging to note that Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz is committed to continue helping small and medium enterprises (SMEs) along their recovery path by accelerating the adoption of digitalisation under the upcoming Budget 2021. Many fiscal efforts have been put in place prior to...
It has been reported that up to 43,206 Malaysian entrepreneurs in various business sectors have benefitted from Tekun Nasional’s financing, which comes in at a value of RM451.36 million since the start of the Covid-19 pandemic in March of this year. Another agency under the Ministry of Entrepreneur Development and...