Malaysia’s first wholesale halal marketplace, Salaam Market targets to onboard 10,000 micro, small and medium enterprises (MSMEs) by 2025.
A business-to-business (B2B) e-commerce software and platform aggregator, Macro Tech Ventures Sdn Bhd – also known as Borong – inaugurated Salaam Market with Maybank Islamic at the Penang International Halal Expo...
Despite experiencing challenges in adapting to market changes and regulatory shifts, Malaysia’s micro, small and medium enterprises (MSMEs) is expected to continue progressing in 2025, while Small and Medium Enterprises Association (SAMENTA) president Datuk William Ng highlighted how SMEs that have embraced digitalisation are thriving.
However, traditional business that have...
The Malaysia External Trade Development Corporation (MATRADE) aims to help more high-value products from Kelantan-based entrepreneurs reach global markets.
MATRADE Eastern Region director Zaimah Osman said many entrepreneurs in the state produce unique, high-quality products that are on par with entrepreneurs in the Klang Valley and are well-suited for exports.
She...
Funding Societies | Modalku (Funding Societies), the largest unified digital finance platform for SMEs in Southeast Asia, has expanded its digital guarantee products in partnership with CGC Digital, the FinTech subsidiary of Credit Guarantee Corporation Malaysia Berhad.
This expansion follows the success of the Proof of Concept programme on digital...
The Ministry of Investment, Trade and Industry (MITI) and the Malaysian Investment Development Authority (MIDA) are collaborating with SIRIM Bhd to set up a star rating system for industrial parks to ensure that every industrial park in Malaysia meets ‘acceptable standards’.
MITI Deputy Minister Liew Chin Tong said that the...
Financial management software developer Autocount Dotcom Bhd’s wholly-owned subsidiary Auto Count Sdn Bhd has signed a memorandum of understanding with YYC Group to accelerate the adoption of digital solutions among SMEs while also supporting their compliance with the government’s upcoming e-invoicing mandate.
The partnership is meant to bring together Autocount’s...
A large number of micro, small and medium enterprises (MSMEs) are facing challenges from the rising costs of logistics, as delivery charges have steadily climbed due to the Red Sea disruptions and an unexpected spike in demand.
Adding to the strain, the Malaysian Communications and Multimedia Commission (MCMC) has proposed...
SME Corporation Malaysia (SME Corp) announced its plans to target more micro SMEs (MSMEs) from Sarawak to receive benefits through programmes that will be implemented in 2025, in line with the aspirations of a more equitable and inclusive MADAI Economy framework.
To make it easier for MSMEs to apply for...
Malaysia plays a crucial role in connecting the ASEAN region to global markets as a strategic hub in Southeast Asia as the country is well-positioned to facilitate trade and investment.
According to Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi, ASEAN’s combined gross domestic product (GDP) of over US$3.6...
Malaysian SMEs described the China International Supply Chain Expo (CISCE) as an eye-opening experience in terms of future market planning, as well as benefitting from finding space for their supply chain business.
Kinta Small and Medium Business Sustainability Association (KPKS) Perak president Ooi Kah Biew said the expo provided inspiration,...
The micro, small and medium enterprise (MSME) Hub will be established in Sabah and Sarawak next year to provide entrepreneurs in both states with better access to business information.
The Entrepreneur and Cooperatives Development Minister Datuk Ewon Benedick said that the hub – under SME Corporation Malaysia’s (SME Corp) supervision...
The Kinta Small and Medium Business Sustainability Association (KPKS) Perak has led a delegation to China with an aim to strengthen ties and explore collaboration opportunities with the country’s SMEs.
The visit – from 23-28 November 2024 – is expected to align local SMEs with advanced technological trends and global...
