By Dr Nor Shaipah Abdul Wahab The Budget 2025 introduces several crucial tax incentives and initiatives aimed at supporting SMEs and enhancing their financial sustainability and growth. By leveraging these incentives, SMEs can manage increased labour costs, improve operational efficiency, and strengthen their financial resilience. Budget 2025 affirms that Goods and...
The highly anticipated SME100 Awards 2024 Vietnam ceremony commemorating the brand’s 15th anniversary. This year, 20 exceptional SMEs took centre stage, showcasing their unparalleled growth and evolution in their respective industries. These SMEs have demonstrated remarkable adaptability and resilience, evolving with the market's demands. As Vietnam’s economy grows, SMEs are...
Nihon M&A Center Holdings (Nihon M&A Center) has established ASEAN to Global Capital (AtoG Capital), a subsidiary fund management company aimed at supporting Japanese companies’ expansion into the ASEAN region. Through this fund, it aims to facilitate cross-border M&A transactions, with the first partnership kicked off in Malaysia with CK...
CIMB Bank and CIMB Islamic Bank and Credit Guarantee Corporation Malaysian Bhd. (CGC) have formed a strategic partnership to offer an additional RM1.5 billion for SMEs through CGC’s portfolio guarantee (PG) scheme. The additional fund will swell the bank’s current working capital financing to RM6.5 billion, propelling SMEs with wider...
As confidence in Malaysia's economy strengthens, businesses that commit to global governance standards and world-class risk management practices will enhance the country’s competitiveness. Malaysia, currently ranked fifth among 12 Asia-Pacific markets in the Corporate Governance Watch 2023 report, has the opportunity to improve its standing as companies begin adopting the...
Hong Leong Bank (HLB) has been named the "Best SME Bank in Malaysia" at the prestigious Euromoney Awards for Excellence 2024. This accolade follows the Bank’s recent win at the Asian Banking & Finance Retail Banking Awards 2024, solidifying HLB’s reputation as a key partner for SMEs in today’s...
  The Malaysia Career and Training Fair (MCTF) continues to be a great 'hunting ground' for jobs, as it brings together hundreds of employers and jobseekers from various industries under one roof. With over 120 exhibitors, the event attracted a diverse crowd, including experienced professionals as well as fresh job...
SME Bank Malaysia Berhad (SME Bank), the lead implementing agency for the Ministry of Entrepreneur and Cooperatives Development (MECD), reaffirmed its commitment to empowering SMEs in the Halal industry by participating in the 20th Malaysia International Halal Exhibition (MIHAS) 2024. SME Bank has been an active supporter of MIHAS since...
The Malaysia External Trade Development Corporation (MATRADE) and Federal Express Corporation, inked a Memorandum of Understanding (MOU) during the 20th International Halal Showcase (MIHAS 2024) to enhance the export capabilities and global reach of MATRADE members, especially SMEs. The two-year MOU was signed at the Malaysia International Trade and Exhibition...
Boost Bank, a homegrown digital bank, announced the upcoming launch of its SME Financing services in early October. Featuring two key financial products: Term Loan and Revolving Credit, this marks a significant milestone for Boost Bank as it becomes the first digital bank in Malaysia to offer financial solutions...
Singapore’s PDPC Urges Companies to Appoint DPOs Ahead of September 30th Deadline The Personal Data Protection Commission (PDPC) has issued a reminder to all businesses in Singapore about the upcoming deadline to appoint a Data Protection Officer (DPO) by September 30th, 2024. Under Singapore’s Personal Data Protection Act (PDPA), all entities...
Mainland China’s e-commerce market has held the title of the world’s largest online retail market for 11 consecutive years, with online retail sales exceeding RMB15 trillion last year, marking an 11% year-on-year increase. To help Hong Kong businesses, particularly SMEs, capitalize on this expansive market, the Hong Kong Trade Development...

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