MSMEs set to benefit from shifting of Indonesian capital

PONTIANAK: The shifting of Indonesia’s capital to Nusantara will also have a big bearing on Borneo. Consul General of the Republic of Indonesia in Kuching, Raden Sigit Witjaksono said this is why he has over the last two years been encouraging micro, small and medium enterprises to be more active. “To promote MSMEs from West […]

One-on-one MSME coaching pays dividends

KUCHING: Institut Keusahawanan Negara Berhad (INSKEN) celebrated a milestone with a RM509,000 increase in sales revenue recorded by Sarawak micro, small, and medium enterprises (MSMEs) entrepreneurs who underwent a specialised one-on-one coaching programme. During the graduation ceremony held here Friday night (Nov 10), Deputy Premier Datuk Amar Awang Tengah Ali Hasan highlighted that MSMEs are […]

Capitalise on investment growth, Awang Tengah urges MSMEs

KUCHING: Sarawak’s domestic direct investments (DDI) and foreign direct investments (FDI) have registered a drastic increase, with more than RM11 billion recorded as of last September. To this end, Deputy Premier Datuk Amar Awang Tengah Ali Hasan encouraged the micro, small, and medium enterprises (MSMEs) in Sarawak to capitalise on the opportunities arising from these […]

Booths aim over RM1mil in sales

KUCHING: The Sarawak Kitchen and micro, small and medium enterprises (MSMEs) booth sales held in conjunction with Sarawak Regatta 2023 at Kuching Waterfront here aims to raise more than RM1 million this year. Deputy Premier Datuk Amar Awang Tengah Ali Hasan revealed that the previous edition of the programme last year achieved remarkable sales of […]

SME Bank to empower social enterprises among MSMEs

KUALA LUMPUR: SME Bank will empower micro, small and medium enterprises’ (MSMEs) social enterprises and sustainable business efforts following the recent Budget 2023 announcement, with the introduction of three new programmes worth RM31 million.   In addition to the existing financing facilities valued at RM1.34 billion, the government has announced an additional RM9 million for […]

Digital economy to contribute 25.5 pct to GDP by 2025

KUALA LUMPUR: The digital economy is expected to contribute 25.5 per cent to the country’s gross domestic product (GDP) by 2025, according to the 12th Malaysia Plan (12MP) document released by the Economic Planning Unit (EPU) today. The contribution of e-commerce activities to the GDP, meanwhile, is targeted at 10.5 per cent under the country’s […]

Enhanced SOPs to allow businesses to operate

KUCHING: The Ministry of Entrepreneur Development and Cooperatives (Medac) had submitted an enhanced health standard operating procedure (SOP) proposal to the government. This is to help speed up the opening of the Micro, Small and Medium Enterprises (MSME) sector, particularly the FCLO (First to Close Last to Open) category, safely. The proposal was presented by […]