Sunday, October 24, 2021
The pandemic started a global crisis which ravaged economies and businesses around the world. It has certainly brought everything to a standstill and forced SMEs in Indonesia to adapt and change their business plan and strategy to survive. Indonesian SMEs form the backbone of the nation's economy and contribute largely...
Being a new player in the market, one of the greatest challenges faced by Tazapay, a digital escrow service for cross-border trade, is the need to inspire trust among its users. This week, Tazapay CEO shares with sme.asia the inspiration for setting up of Tazapay and the obstacles that he had...
UOB Malaysia’s COVID-19 Relief Assistance has extended more than RM23.8 billion to customers in an effort to help them overcome the financial impact caused by the prolonged movement restrictions. The relief programme has benefitted more than 33,000 individual, microenterprises and small- and medium-sized enterprise (SME) customers since the start of...
Almost seven in 10 (67%) Singapore business owners expect 2021 annual sales to increase compared to pre-pandemic annual sales in 2019—an improvement from 53% in 2020. The top reasons for their optimism in 2021 are the increase in revenue from expanding their businesses online (46%), support from new customers (44%),...
Let’s face the facts! Insurance is a very important aspect in any business, especially for small and medium enterprises (SMEs). We often ask ourselves; is insurance really necessary? Will it come off as an unnecessary expense which my business cannot afford Well, the answer is YES, insurance is necessary and...
Malaysian-based regional leading e-commerce 'all in one' ecosystem player Commerce.Asia foresees stronger growth ahead due to the booming domestic and regional e-commerce market. The Commerce.Asia group recorded Group Gross Merchandise Volumes (GMV) of RM3.5 billion (USD 850 million) in 2020, and its chief operating officer Sam Shin Gern (pic) forecasts that gross...
The importance of mental health in the workplace cannot be overstated. Productivity is boosted when work is being done in the right mental state. Yet, mental health has been neglected by companies for a long time. This week, SME & ENTREPRENEURSHIP MAGAZINE speaks to Theodoric Chew, co-founder and CEO of Intellect,...
The Small and Medium Enterprises Association Malaysia (SAMENTA) has proposed several initiatives for Budget 2022 in an effort to jumpstart the economy negatively affected by the COVID-19 pandemic. SAMENTA Central Chairman who’s also the Chairman for SAMENTA’s Policy and Government Relations, Datuk William Ng said the pandemic has created a...
By Kawal Preet Logistics will power SME recovery in the post-pandemic world According to The World Bank, 90% of the world’s businesses are SMEs, accounting for 50% of all jobs and up to 40% of GDP in emerging economies. Given such staggering statistics, SMEs – which have been among the...
Enterprise Asia, the organiser of the tenth Asia Responsible Enterprise Awards (AREA) 2021, is pleased to recognise 69 outstanding award recipients and who exemplified determination and perseverance despite the trying times. The AREA is the most prominent CSR recognition programme across Asia initiated by the region's leading NGO, Enterprise Asia. This...
SMEs
The role of SMEs is quite substantial in many countries, especially in emerging and developing countries. SMEs account for a large share of total employment, job creation, and GDP in many emerging economies. Now, this is really important, especially if we take into account that 600 million jobs will be...
Singapore and the United States have renewed an agreement for joint training courses in Southeast Asia. The third country training program aims to help officials in ASEAN countries and Timor-Leste reach development goals. The agreement has been renewed every year since 2012. More than 40 workshops and seminars have been conducted...

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