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SMEs

A collection of 13 posts

Shan Aboo is New Allianz Trade APAC Regional Commercial Director

Shan Aboo is New Allianz Trade APAC Regional Commercial Director

HONG KONG, Aug. 18, 2022– Allianz Trade in Asia Pacific is pleased to appoint Shan Aboo as Regional Commercial Director, effective 1 August 2022. He will be responsible for overseeing the trade credit insurer’s commercial activities in twelve Asia Pacific markets. Based in Singapore, he will report to Regional

New Digital Banks Should Address the Needs of SMEs

New Digital Banks Should Address the Needs of SMEs

Datuk William Ng, Samenta chairman, says the five consortiums that won Bank Negara’s digital banking licences should focus on what the SMEs need. The five are: a consortium of Boost Holdings Sdn Bhd and RHB Bank Bhd; a consortium led by GXS Bank Pte Ltd and Kuok Brothers Sdn

Why is MARC against the new minimum wage level?

Why is MARC against the new minimum wage level?

Effective May 1, the statutory minimum wage will be increased from RM1,200 to RM1,500. The impending hike is expected as the Minimum Wages Order goes through a review every two years. “However, the quantum of the hike in percentage and value terms – at 25% and RM300 – is unprecedented.

SMEs in Malaysia Looking to Tap Growth in Asia Pacific

SMEs in Malaysia Looking to Tap Growth in Asia Pacific

KUALA LUMPUR, Malaysia, 10 March, 2022 – FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and one of the world’s largest express transportation companies, together with SME Association of Malaysia, recently released the results of a joint survey titled ‘Levelling Up the Logistics Strategy for SMEs in Malaysia’. According

Lending roadblocks a bane for majority of SMEs in Asean

Lending roadblocks a bane for majority of SMEs in Asean

SINGAPORE, 10 March 2022 — More than two thirds (68%) of small and medium sized enterprises (SMEs) in Southeast Asia have been unable to secure sufficient, or any, funding on at least one or more occasion in the last five years, according to a new report from cloud banking platform Mambu.

FedEx and BigCommerce Join Forces to Empower SMEs

FedEx and BigCommerce Join Forces to Empower SMEs

HONG KONG SAR, China, February 21, 2022 — FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and one of the world’s largest express transportation companies, announced a new alliance with BigCommerce (Nasdaq: BIGC), an open SaaS e-commerce platform. BigCommerce merchants signing up for the FedEx-BigCommerce alliance program can

IPOs can fulfil growth strategies for Malaysian SMEs

growth strategies

IPOs can fulfil growth strategies for Malaysian SMEs

Recognising the financial challenges faced by the domestic industry players, particularly the SMEs and Mid-tier companies to execute their business expansion plans, the Malaysian Investment Development Authority – MIDA looks to provide opportunities for businesses to learn, evaluate and consider raising capital through the public and private markets. This does not

Opal's new Global Digital Business Account for SMEs

Opal's new Global Digital Business Account for SMEs

SINGAPORE, Feb 10, 2022 — Opal, a Major Payment Institution licensed by the Monetary Authority of Singapore has launched a Global Digital Business Account for SMEs. This latest product offering from Opal will allow businesses access to a less costly and more convenient form of international payment and cross-border banking. Lim

Hike in Electricity Bill to Impact SMEs Growth

Datuk WIlliam Ng

Hike in Electricity Bill to Impact SMEs Growth

SAMENTA is alarmed by the recent announcement of a hike in electricity bills for commercial and industrial users. The hike, described as a ‘surcharge’ under the Imbalance Cost Pass-Through mechanism, can be called by whatever name, but it is going to hamper the recovery of our SMEs, it says. From

SMEs to Gain with HSBC's New Multi-currency Digital Wallet

SMEs to Gain with HSBC's New Multi-currency Digital Wallet

HSBC Malaysia today launched the HSBC Global Wallet, Malaysia’s first multi-currency digital wallet that enables small-and-medium enterprises to make and receive international payments simply and securely from one single global account. Global Wallet’s full integration within HSBC’s existing business banking platform, HSBCnet, and by using the bank’

AMBANK PRIORITISES CUSTOMER INTEREST

KUALA LUMPUR, Aug 11 (Bernama) — AmBank will be offering repayment assistance and moratorium extension to not only individuals but also SMEs, upon the expiry of the six-month loan moratorium on Sept 30, 2020. Dato’ Sulaiman Mohd Tahir, Group Chief Executive Officer, AmBank Group, said, “AmBank is now accepting requests for

Economic ecosystem evolving, leaving entrepreneurs behind!

https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js (adsbygoogle = window.adsbygoogle || []).push({}); We are living in dangerous times with disruptions and disturbances that are hitting entrepreneurs all over the world. Everywhere you read about governments telling the feel-good story. They tell their people the economy is on a solid path.

CIMB on track to disburse RM15b to 100,000 SMEs

https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js (adsbygoogle = window.adsbygoogle || []).push({}); Going beyond banking, refreshed proposition supports the national aspiration to build SME sector, the bank says KUALA LUMPUR, Sept 25 (Bernama) — CIMB Bank Bhd and CIMB Islamic Bank Bhd are on track to disburse RM15 billion to SMEs