Tuesday, July 7, 2020
The Malaysian government is encouraging people to buy local products as a means to revive the national economy amid the global economic downturn caused by the COVID-19 pandemic. Domestic Trade and Consumer Affairs Minister Datuk Alexander Nanta Linggi said Malaysian businesses needed support as the pandemic and movement control order...
The Malaysia Digital Economy Corporation (MDEC) launched Founders Grindstone on Friday as its sixth funding initiative in the span of four months, following the facilitation of five alternative funding initiatives for companies seeking financial relief during the movement control order. This latest initiative by MDEC’s Global Growth Acceleration division is...
SMEs in five Southeast Asian (SEA) markets, that being Malaysia, Singapore, Indonesia, Thailand, and Vietnam, are counting on the benefits of technology to help weather the storm of the COVID-19 pandemic, according to a recent survey conducted by United Overseas Bank (UOB), Accenture, and Dun & Bradstreet. The research was...
MDEC announces automation grant to support SMEs making the digital leap The Malaysia Digital Economy Corporation (MDEC) has introduced the #SMART Automation Grant (SAG) as part of the government’s initiative to expand support for small and medium enterprises (SMEs) to make the digital leap in this era of unprecedented disruption. Chief...
Demand for international travel to sink 80 per cent this year as coronavirus pandemic crushes tourism, says Euromonitor Demand for international travel could fall by as much as 80 per cent this year, and recovery to pre-crisis levels could be stretched into 2023 if the global economy sinks...
Indonesia’s Industry Ministry is currently seeking to increase the role of SMEs in supplying raw materials for larger businesses, as the government intends to rely less on imported goods. A program that runs from July 1-15 aims to prepare selected SMEs by helping them with brand registration, packaging as well...
Britain to give Hongkongers residency rights and path to citizenship after National Security Law Passed The British government has agreed to allow around 3 million Hongkongers eligible for British National (Overseas) passports and their dependents (pic) told Parliament the law was a “clear and serious breach” of the 1984 Joint...
Asia Pacific consumers shift rapidly to digital commerce and show no signs of turning back The way we shop is changing and how we pay is evolving. As COVID-19 alters our daily lives, consumers in Asia Pacific are rapidly going digital with purchases of everything from groceries to...
The Malaysia Digital Economy Corporation (MDEC) has rolled out the Micro and Small and Medium-sized Enterprises (MSMEs) e-commerce campaign, an initiative under the National Economic Recovery Plan (PENJANA). The campaign begins as of July 2020 and will last until the end of September 2020. In a statement today, MDEC said the...
Domestic tourism recorded double-digit growth in 2019, an increase of 11.5 per cent to RM103.2 billion compared to RM92.6 billion the year before, according to the Department of Statistics Malaysia. Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said the growth is attributed to an increase in expenditure by tourists and day-trippers, with...
China has formally adopted a controversial security law, giving it new powers over Hong Kong. It is set to criminalise secession, subversion and collusion with foreign forces, but will also effectively curtail protests and freedom of speech. China's state news agency, Xinhua, confirmed that President Xi Jinping...

Building an Online Brand

https://www.facebook.com/smemagazineasia/videos/293381251847865/ What is a business without a brand? To put it simply, very little. Branding is a way to give your business a “face.” It makes your business recognisable in a world where both successful and failing businesses are a dime-a-dozen. It goes without saying that consumers will often gravitate towards...

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