Tag: covid19
Alibaba Commits to Support Malaysia as Regional Trade Hub
As the COVID-19 pandemic continues to be the bogeyman of nations and economies throughout the world, global tech firm Alibaba Group has reaffirmed its...
New E-Commerce Solution For Singapore’s Heartland Retailers
A new mobile e-commerce solution has been developed to assist thousands of Singaporean SMEs to set up their own virtual stores amid the rough...
Malaysia’s F&B Recovery Hits a Snag
Recently, Malaysian Prime Minister Muhyiddin Yassin announced that businesses throughout almost all economic sectors would be allowed to operate from 4 May onwards. This...
Malaysia Extends Movement Control Order to June 9
Malaysia has extended the existing conditional movement control order (CMCO) for another 4 weeks to June 9. Prime Minister Tan Sri Muhyiddin Yassin announced...
Malaysia’s CMCO Extended to 9 June
Malaysia's Prime Minister Tan Sri Muhyiddin Yassin has just announced an extension to Malaysia's CMCO. This new phase of enforced movement control will now...
Half of SMEs will downsize, restructure after MCO
More than half of the country’s SMEs will either downsize or restructure their businesses when the movement control order (MCO) is lifted. A recent...
Embracing New Opportunities Post-COVID-19
The COVID-19 pandemic has brought a lot of bad with it. The crisis has gotten so severe that we cannot blame others for thinking...
SMEs Urged to be More Radical in Boosting Digital Technology Skills
The government wants small and medium enterprises (SMEs) to be more radical in enhancing their digital technology skills to be on par with their...
Malaysia’s MCO: Decision to Reopen in Employer’s Hands
In order to get the economy going once more, Malaysia has allowed almost all sectors to reopen, starting on 4 May; albeit with strict...
RM3b loans approved for 6,840 SMEs
Loans totalling RM3 billion have been approved for 6,840 small and medium enterprises (SMEs) under the government’s easy financing scheme until May 5. The...
Singapore records lowest visitor arrivals since 2003
Visitor arrivals in Singapore plummeted to about 240,000 in March, the lowest since the SARS outbreak in 2003. The figures were published by the...
Singapore will enter a recession this year
Singapore will enter into a recession this year because of the blow from the COVID-19 pandemic, resulting in job losses and lower wages, with...