Tuesday, March 9, 2021
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Short news to keep you up-to-date

As the COVID-19 vaccination program rolls on, many employers will have a strong case for requiring employee vaccinations. Currently, countries that have COVID-19 vaccination programs are on a voluntary basis - that is, countries cannot compel their citizens to be vaccinated. They can only 'strongly encourage' them. But can employers...
The automotive industry is in a state of transition. From internal combustion engines, major manufacturers are transitioning to electric cars. Even more advanced technologies like self-driving cars are on the horizon, and will pose several challenges for manufacturers. Nevertheless, the automotive industry is ahead of other industries in the adoption...
Affinbank Berhad was recognised under two categories – Winner for Excellence in SME Banking and Highly Commended for Dynamic Third- Party Collaboration for its Start-Up Banking Initiative and SMEColony respectively, at the 11th Retail Banker International (RBI) Asia Trailblazer Awards 2020. The RBI Awards 2020 recognises the most outstanding and...
Affinbank Berhad launched the BizDana-i Financing Scheme that is guaranteed by Credit Guarantee Corporation Malaysia Berhad (CGC), a financing scheme worth RM15 million specifically for start-up businesses. Eligible start-up entrepreneurs can start applying, effective 15 October 2020 and get up to RM300,000.00 in financing with a repayment of up...
By Kate Rourke For over 15 years, the representation of women in media and advertising has transformed from a superficial portrayal of beauty, to real women feeling confident and owning their own small business. In 2009, the top downloaded images globally from iStock by Getty Images under the search term...

Shop Local, Online

It’s well known that shopping locally helps the economy. But how exactly does it help? Principally, local SMEs help the economy by introducing a multiplier effect. They are often owned and staffed by locals, where their earnings will flow back into the economy. But more than that, local businesses will...

I Will Call You Back

By Lim Kee Yeong To most companies, any incoming call, email or message may mean business opportunities. The need to ensure the caller or message sender is aware the communication is duly received and will be acted upon can potentially translate to a feeling of enhanced confidence. It is most...
Malaysia is the 9th most complex country for multinationals to do business in globally, and the 3rd most complex in Asia, according to a new report by professional services firm TMF Group. The Global Business Complexity Index analyses key areas of business administration and compliance across 77 jurisdictions - from...
2020 has wreaked havoc across many industries. But the chaos has been a bonanza for Malaysian glove manufacturers Top Glove, Hartalega, Supermax, Kossan and others. Glove makers are attracting unprecedented levels of investor attention - far more than the electric cars of Tesla. Top Glove Corp., the world’s biggest maker...
By Lim Kee Yeong Countless news reports have been highlighting the plight of SMEs, with stories of businesses closing down, people losing jobs, companies cutting pay and the economy shrinking drastically. All these unfortunate happenings have many running for shelter and picking up every penny on the floor, figuratively speaking....
The recent COVID-19 lockdown and lifting of restrictions has created havoc for organisations. While public health is of utmost priority, productivity and business cannot be ignored. The livelihood of many employees are tied to the business' performance - though it may be dampened due to the crisis. Dealing with a...
With the growing popularity of ride-hailing, it was only a matter of time before the industry evolved to include deliveries. After all, if your company is already using crowd-sourced workers as your own infrastructure, why not utilise that same group of workers to provide a different kind of service. The...

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