Bankrupt entrepreneurs down to 5,695 last year

KUALA LUMPUR: The number of bankruptcy cases involving entrepreneurs dropped to 5,695 last year compared to 6,554 in 2021, said Entrepreneur Development and Cooperatives Minister Datuk Ewon Benedick. He said this was following the amendment to paragraph 5(1)(a) of the Insolvency Act 1967 (Act 360) through the Insolvency (Amendment) Act 2020 (Act A1624), which raised […]

Tap potential of new products in wider market

SIBU: Entrepreneurs have been urged to venture into new products especially handicrafts which have not been commercialised. Deputy Minister of Education, Innovation and Talent Development Datuk Dr Annuar Rapaee said these products have the potential to be commercialised worldwide. “We cannot look for others that have been established, we must look at areas where others […]

Sarawak FAMA Fest targets 20,000 visitors, over RM400k in sales

KUCHING: Federal Agricultural Marketing Authority (FAMA) will host the Sarawak FAMA Fest (SAFF) 2023 at Bintang Megamall Miri from Feb 23 to 26. Sarawak FAMA deputy director of operations Ramli Mat Sani said about 40 entrepreneurs would be prepared to meet the needs and requirements of the domestic and international markets. “This programme is held […]

Ministry to help state’s entrepreneurs

KUCHING: The Entrepreneur Development and Cooperatives Ministry is committed to helping entrepreneurs in the state. Datuk Ewon Benedick said his ministry would be working with the Sarawak government through the Sarawak Ministry of Youth, Sports and Entrepreneur Development to develop more entrepreneurs in the state. “Sarawak Premier has also given very valuable input to us […]

Hennessy awards outstanding entrepreneurs

KUCHING: Five young entrepreneurs have won the ‘Hennessy X.O Circle Of Excellence’ accolade for outstanding leadership among their peers across Malaysia. According to a statement, the recognition is given to exceptional individuals who possess a daring streak to break away from convention in fostering growth and progress. “The Hennessy X.O Circle of Excellence recognises these […]

Local entrepreneur for global innovators award

KUCHING: A total of 21 entrepreneurs from 20 countries across the globe will compete for the 2022 Global Shell LiveWire Top Ten Innovators Award. One of the finalists is the chief executive officer and co-founder of Timogah, Heineken Laluan. He is the only Sarawakian to represent Malayisa and he is now up and running for […]

SSM seeks to nurture graduate entrepreneurs

KUCHING: The Youth Entrepreneurs Programme (PUM) 2022 organised by the Companies Commission of Malaysia (SSM) aims to develop and explain the importance of business registration to students who plan to venture into entrepreneurship. Kuching Polytechnic director Hikmatullah Hajid Ahmad Khan said through such a programme, students will also be able to learn about preparations before […]

New route to be built in Melaka to link Malaysia, Indonesia

MELAKA: A new route to link Malaysia and Indonesia, via Telok Gong, in Masjid Tanah, here, and Dumai, in Sumatra, involving a distance of about 120km will be developed with the cooperation of the private sector. Melaka Investment, Industry, Entrepreneur Development and Cooperatives Committee chairman Datuk Seri Ab Rauf Yusoh said the proposed development, which would involve the construction of […]

Words of life that made world of difference

KUCHING: Words of life a leader spoke years ago convinced a then up-and-coming entrepreneur that he has a fighting chance to make it in the world of business. Today Michael Liong, 48, wears many hats with the success he has come to enjoy but still remembers, in vivid detail, what had made it all possible. […]

Take psychometric test to gauge traits

KUCHING: Entrepreneurs and potential ones have been encouraged to take the National Entrepreneur Psychometric Test (MyNEPT) to enable them to identify their entrepreneurial traits and tendencies. Women, Early Childhood and Community Well-being Development Minister Datuk Seri Fatimah Abdullah said they can then compare their psychometric test results with successful entrepreneurs at the local and international […]