PT Bank OCBC NISP Tbk (OCBC), in partnership with NielsenIQ (NIQ) Indonesia, has unveiled the second OCBC Business Fitness Index (BFI), a study aimed at assessing the financial behavior of MSMEs in Indonesia.
The findings reveal that Indonesian MSMEs have made significant strides in financial management, with a score of...
Digital asset services are gaining significant traction in Malaysia, particularly as a preferred transaction method, with projected revenue of US$312.1 million in 2024. Much of this growth is being driven by SMEs and local investors, highlighting the urgent need for secure and transparent platforms. Enter GamBit Custody, a subsidiary...
TAIWAN SELECT is the latest effort to rebrand the Taiwanese food industry, with Malaysia chosen as the launch pad for this global initiative!
The International Trade Administration and Taiwan External Trade Development Council (TAITRA) are working together to set up TAIWAN SELECT corner in selected AEON supermarkets effective immediately.
These display...
Deloitte has launched a new report that finds that micro multinational companies (micro-MNCs) in Asia Pacific (APAC) are increasingly adopting digital technologies and investing more in branding as they remain optimistic about cross-border e-commerce and digital trade.
The report “Going-Global: Seizing the Next Great Opportunity in Digital Trade”, conducted in...
HSBC has announced the Singapore launch of HSBC Thrive Benefits, an innovative employee benefits platform designed to simplify benefits management for SMEs.
The platform offers SMEs a one-stop shop for their employees to access their benefits as well as offers relating to HSBC financial products, financial fitness, wellbeing, and lifestyle...
CIMB Singapore has launched the SME Sustainability- Linked Loan/Financing Programme (SME SLL/SLF Programme), aimed at providing SMEs with easier access to sustainable financing and support to attain credible greenhouse gas (GHG) emission reduction.
Traditionally, sustainability-linked financing has been complex and costly due to highly bespoke targets as well as the...
Capital Markets Malaysia (CMM), an affiliate of the Securities Commission Malaysia (SC), has concluded the first cohort of its 2024 Elevate Programme. The Programme is targeted at executive leadership of high-performing, SMEs and mid-tier companies (MTCs) which are looking to accelerate growth, offering them knowledge and competency development to...
The Securities Commission Malaysia (SC) has unveiled GROWMatch, a new matching initiative that allows agri-business entrepreneurs to showcase their projects and attract the necessary funding.
This initiative aims to address the financing gap agri-businesses face and promote sustainable growth in the sector.
The Minister of Digital, YB Tuan Gobind Singh Deo...
Antler, the global early-stage venture capital firm with offices in over 30 cities worldwide, including Kuala Lumpur, has announced the successful close of its second Southeast Asia fund, Antler SEA Fund II, at US$72 million (RM324 million).
This new fund will continue to invest in early-stage, tech-enabled companies across Southeast...
Despite government promises of bank financing with risk coverage, experts believe SMEs are unlikely to see an increase in funding during the current fiscal year. On Saturday, sources within the banking sector indicated that the unfavorable interest rates and the government’s own liquidity challenges are major obstacles.
The government, facing...
SMEs are encouraged to adopt e-invoicing as it offers substantial benefits, including cost savings, improved cash flow management, enhanced security, increased efficiency, and reduced errors. This digital shift not only streamlines business processes but also promotes sustainability by reducing paper usage and ensures compliance with regulatory standards.
During a media...
The services sector continues to lead growth among SMEs. At the recently held Golden Bull Award 2024, 65.3 percent of all the winners were from the services sector, including retail and wholesale, professional and business services, IT, and education.
The manufacturing sector accounted for 23.9 percent of the winners, with...
