Sunday, September 27, 2020
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Short news to keep you up-to-date

Southeast Asia’s largest P2P lending platform completes largest funding round in Southeast Asia. Leading peer-to-peer (P2P) financing platform in Malaysia, Funding Societies, has raised RM100 million in Series B funding. The funding round was led by Softbank Ventures Korea. Other participating organisations include existing investors, Sequoia India, Alpha JWC Ventures (Indonesia) and...

New Radio Station in Town

CITYPlus 92.5fm, operated by Cense Media Sdn Bhd, goes live! The Mandarin-based business and infotainment station holds a mission of helping local  SMEs and entrepreneurs fuse their talents with their entrepreneurial spirit. Empowering Businesses with Knowledge-driven Content CITYPlus 92.5fm will be focusing on producing knowledge-based topical issues to communicate with its target...

Much Ado About 11.11

If you have visited platforms like Lazada, Shopee, or Taobao lately, you would have noticed the number 11 emblazoned on their home pages. It signifies Singles Day, which happens to fall on 11 November every year; in other words, 11.11. Singles Day started in China as a quirky alternative to...
Fundaztic, a P2P financing platform in Malaysia, reached an important milestone: having served 100 SMEs. The young company is now targeting to serve 500 SMEs by year end. The fully digital financing platform enables SMEs to secure business funding from retail and institutional investors through crowdfunding anytime, anywhere across...

Thank You Is Not Enough

By Lim Kee Yeong “Thank you, please come again.” A courtesy in business commonly expressed upon completing a sale. This is undoubtedly a satisfying moment to any entrepreneur; what comes next is to search for or serve another customer and the process repeats itself. Depending on the nature of business...

The Other Trade War

Just outside Seoul is a nursing home, a common sight in rapidly aging South Korea. This particular nursing home however, features statues, plaques, a museum - and up until recently, a large amount of Japanese visitors wanting to learn more about their country's history. The House of Sharing, as this...
Standard Chartered announced its commitment towards gender parity, in conjunction with Labour Day. Through a set of initiatives, the bank has pledged to have 30% female representation in senior leadership roles by 2020 globally. To achieve this, the Bank has, among others, launched a Global Women’s Network, and committed to fair...
The e-commerce sector has contributed RM74.6 billion, or 6.1 per cent to the gross domestic product (GDP) in 2016. International Trade and Industry Deputy Minister, Datuk Seri Ahmad Maslan said on Wednesday that the sector has recorded significant growth in 2016 from RM68.3 billion, or 5.9 per cent in 2015. He...
By Kay Tan Let’s be honest here – the COVID-19 crisis that is currently happening across all countries is growing at an alarming rate. The reported number of cases daily does not show any sign of slowing down despite efforts taken by governments. With the majority of businesses grinding to 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...
The global economic outlook for 2020 is looking dismal, thanks in part to the ongoing COVID-19 coronavirus outbreak which shows no signs of being resolved anytime soon. While larger businesses might be able to weather the storm, the SMEs of the world remain incredibly vulnerable to the disruption in...
The face masks that we have to wear during the COVID-19 pandemic look deceptively simple. It looks like a simple fabric piece, with ear loops and sometimes a wire nose bridge. In fact, there was a rumour going around in the early days of the outbreak that tissue paper was...