The Small and Medium Enterprises Association of Malaysia (SAMENTA) has expressed its view that it stands in solidarity with the thousands of SMEs that are affected by the floods. “Many of our members have reported severe damage to vehicles, machinery and stocks, some running into millions of ringgit. Our initial...
The Kinta Small and Medium Business Sustainability Association (KPKS) Perak has led a delegation to China with an aim to strengthen ties and explore collaboration opportunities with the country’s SMEs. The visit – from 23-28 November 2024 – is expected to align local SMEs with advanced technological trends and global...
Fortunately, the threat of COVID-19 has been contained to an extent in Malaysia. Businesses are now being allowed to resume normal operations, albeit with strict guidelines to maintain health and safety. However, the road to economic recovery will be a long and slow one. In an effort to speed up...
The launch of TRADE42, a B2B e-marketplace platform, aims to connect SMEs across the ASEAN market. TRADE42 simplifies regional trade and promotes growth through valuable connections by bridging the gap between buyers and sellers. Originally acquired from Minebizs.com and rebranded as TRADE42, the platform is tailored to meet the needs...
India, the land of culture, tradition and also one of the oldest civilizations in the world. Today, India is a rising as well as a struggling economy. Yet many economists believe in the future, India is going to contribute a much larger portion in the world economy and might...
Thailand will likely be the worst economic performer in Southeast Asia this year, with economists continuing to slash the country’s growth forecast amid surging Covid-19 infections, mounting political tensions and fading hopes for a tourism revival. Gross domestic product is expected to grow 1.8% this year, according to the latest...
By now, everyone has head the same old story. Covid-19 has caused unprecedented economic damage to the entire world, supply chains have been disrupted, nations are experiencing poor growth, et cetera. However, amidst the turmoil, there is a shining star that serves as excellent example. This star is Vietnam,...
According to the latest edition of Knight Frank's "Rise of the Super Wealth Hub" report series, Hong Kong continues to shine as a pivotal global financial hub and international asset management centre. With robust regulatory frameworks, resilient capital markets, and crucial connectivity to the Chinese mainland, the city remains a...
Indonesia’s Trade Ministry held a virtual business matchmaking event recently to help connect food and beverage (F&B) SMEs who are looking for potential buyers overseas; particularly, the United States. The event was part of the government's strategy to stimulate the SME sector and boost exports toward reviving growth in mitigating...
Malaysia’s construction sector remains as a key driver of economic growth by the end of last year, largely attributed to increased civil engineering infrastructure jobs. Such projects include the continuation of the East Coast Rail Link (ECRL) that is 80% complete by November, Rapid Transit System (RTS) link rail connecting...
A recent survey by the SME Corporation Malaysia has revealed that SMEs continue to be adversely impacted by COVID-19. While the worst of the restrictions have been lifted and business begins to slowly pick up once again, only 17 percent of SMEs in Malaysia have reported that their businesses...
Bookings for flights out of Singapore, as well as overseas accommodation, more than doubled as of Friday (25 March), just a day after the country announced that it would reopen its borders to all fully vaccinated travellers. Among the slew of border measures announced - which take effect from 11.59pm...

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