The Securities Commission Malaysia (SC) is inviting global applications for the second cohort of its FIKRA ACE Accelerator programme, part of the FIKRA ACE initiative.
Launched in 2023, FIKRA ACE1 is a three-year initiative aimed at advancing the Islamic Capital Market (ICM) through innovative Islamic fintech solutions. The programme comprises...
Linkflow Capital's latest SME financing research shows a substantial tightening of credit conditions for Singapore SMEs in 2023. The average loan quantum dropped by 42%, from S$224,000 in 2021 to S$130,000.
Based on data from 2,466 Linkflow Capital's loan comparison portal users, the study also highlighted a spike in average...
MR Academy, an award-winning coaching group offering diverse entrepreneur empowerment courses, has empowered 12 Malaysian retailers through a collaborative programme with Ai FM - Qi Cheng. The programme concluded successfully with an award ceremony honoring the participating SMEs who pushed boundaries and embarked on inspiring transformational journeys.
This ambitious 12-week...
On 2024 International MSME Day, Ant International, a digital payment and financial services leader, shares that it supports almost 100 million Micro, Small, and Medium-sized Enterprises (MSMEs) worldwide across its businesses and partner programs; and reinforces its commitments towards MSME digitalisation and inclusion through the expansion of its services,...
Funding Societies, the largest unified SME digital finance platform in Malaysia & Southeast Asia has extended its partnership with Credit Guarantee Corporation Malaysia Berhad (CGC) to launch a RM30 million Islamic SME Portfolio Guarantee (SME PG-i) Scheme to accelerate the growth of Malaysian SMEs by facilitating easier access to...
By Angie Tay
While Singapore boasts a highly digital landscape, many businesses, particularly SMEs, have yet to fully harness the advantages of artificial intelligence (AI). It may surprise some to learn that only about 4 per cent of Singapore's SMEs currently leverage AI or machine learning in their business.
Recognising this...
The Malaysia External Trade Development Corporation (MATRADE) and Amazon have announced a strategic partnership through a Memorandum of Understanding (MoU) aimed at enhancing the export capabilities of SMEs in Malaysia.
This collaboration marks a significant step towards supporting Malaysian businesses in accessing global markets and expanding their international presence.
The MoU...
The highly anticipated SME100 Awards 2024 Singapore ceremony occurred at the prestigious Marina Bay Sands, commemorating the brand’s 15th anniversary. This year, 28 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...
The vast e-commerce market in Mainland China is unique as well as enormous, posing a challenge for Hong Kong SMEs that want to access it. The market was worth CNY43.8 trillion (US$6 trillion) in 2022, up 3.5% year‑on‑year, of which CNY14 trillion came from online sales, China’s Ministry of...
Bank Negara Malaysia (BNM) is set to revamp its Fund for SMEs to better align with their needs, according to Deputy Governor Datuk Jessica Chew.
“We are redesigning how we construct and roll out our SME funds,” Chew stated, noting that only one-third of the RM1.5 billion allocated for the...
State Bank of India (SBI) has introduced 'SME Digital Business Loans,' promising an end-to-end sanction turnaround time of up to 45 minutes for SMEs.
This new loan offering leverages advanced technology and a network of APIs (application programming interfaces) to streamline the lending process. Using authentic data footprints from sources...
Kreston Global’s newest interpreneur report has revealed that SMEs worldwide are bullish about their global operations and are prepared to harness disruption to drive commercial growth at home and abroad.
This comes despite macroeconomic concerns around geopolitical disruption, slowing global GDP, and a gradual decline in international collaboration, dampening commercial...
