Friday, July 1, 2022
The National Tech Association of Malaysia (Pikom) urges local businesses to double their digital transformation initiatives to stay ahead of regional competition. Its chairman (Pikom CIO chapter) Malik Murad Ali said that now that Malaysia has entered the endemic phase, digital transformation is instrumental in developing strategies while addressing challenges...
Export-Import Bank of Thailand (Exim Bank) is putting aside 5 billion baht (US$144.88 million) for soft loans to help SMEs export their products, says Finance Minister Arkhom Termpittayapaisith. The loans are for SMEs that are members of the Thai Chamber of Commerce, Thai Board of Trade, Federation of Thai Industries,...
Alliance Bank Malaysia Bhd (Alliance Bank) is optimistic of providing an additional RM200 million in digital loans this year to help SMEs overcome the pandemic challenges and grow their business. Eligible SMEs can obtain up to RM500,000 collateral-free financing via a simple online process that only requires the submission of...
With the phasing out of the legacy copper systems, SMEs should ideally consider switching to Voice over IP solutions in order to work remotely and ensure business continuity. With a goal to digitalise communications systems for all businesses in Malaysia, Maxis has launched Managed Voice, a fully managed IP-PBX solution...
Huawei Malaysia and Vimigo have signed a Memorandum of Understanding to establish a strategic cross-border collaboration, with hopes to “accelerate the transformation of SMEs and to spur them to greater milestones”. With the increasing data usage and a large influx of traffic drawn by the customers' growth, Huawei Cloud provides...
Exabytes Network is continuing its effort to spur the SME industry in Malaysia by organising the second MY SME Export Forum on 1-3 June 2022. This Malaysian SME B2B e-commerce exporting forum will be conducted virtually, free of charge for SMEs, entrepreneurs, and potential market entrants keen on expanding...
Affin Bank Bhd has won Outstanding Digital CX for Financial Inclusion for their SME Colony mobile app at the Digital CX Awards 2022. This win marks the third consecutive recognition from the Digital CX Awards for the bank’s capabilities in serving  SMEs digitally. Organised by The Digital Banker, the coveted...
With prolonged global trade disruptions accelerating the demand for digital services to strengthen supply chains, DBS is intensifying its efforts to digitalise financing capabilities offered through trade platforms, potentially benefiting more than 15,000 SMEs across Asia by end of 2022. According to the DBS Digital Readiness Survey, 97% of businesses...
  Prime Global Finance Corporation (PGFC) — one of the first private lending companies of its type in The Philippines — has recently launched its fully automated and digital loan application process for its clients. PGFC started primarily to support vendors and suppliers who were doing business with the Hortaleza Group...
Plus Xnergy Holding Sdn Bhd through subsidiary, Plus Xnergy Services Sdn Bhd (PXS), has formed a joint venture with Yinson Holdings Bhd to develop and implement commercial and industrial rooftop solar photovoltaic projects in Malaysia. The joint venture will enable Plus Xnergy Asset (PXA), a subsidiary of PXS, to...
The Covid-19 pandemic has brought many changes, including transforming the way we work and deliver our tasks. Restriction on physical interactions hinders the daily operations of SMEs in their bid to ensure customers can buy their products. The shift towards online platforms to sell or offer their services increased tenfold...
Funding Societies (Modalku in Indonesia), was officially launched in Vietnam yesterday, marking its fifth market expansion. Addressing the SME financing gap in Vietnam, where the SME landscape is growing yet financially underserved, the move is a natural next step for the fintech company as it pushes further into Southeast...

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