ECF, P2P financing raise more than RM4.4 bln for 7,218 MSMEs
KUALA LUMPUR: Since inception, Equity crowdfunding (ECF) and peer-to-peer (P2P) financing have facilitated 7,218 micro, small and medium enterprises (MSMEs) to raise more than RM4.4 billion, said the Securities Commission (SC). In its Annual Report 2022 released today, the SC said there was a 36 per cent decrease in total fundraising via ECF in 2022 […]
Govt business facilitation agencies need to help MSMEs sustain recovery
KUALA LUMPUR: Government business facilitation agencies need to continue to help micro, small and medium enterprises (MSMEs) sustain their recovery post-pandemic. Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said agencies such as the Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) and Credit Guarantee Corporation Malaysia Bhd (CGC), can help MSMEs adapt to the changing economic […]
AmBank, Lazada to offer local MSEMs up to RM2 mln for business financing
KUALA LUMPUR: AmBank Group has partnered with Lazada, Southeast Asia’s pioneer e-commerce platform, to offer business financing of up to RM2 million to empower micro, small and medium enterprises (MSMEs) on Lazada Malaysia’s platform to grow and sustain their online businesses. AmBank’s Retail Banking managing director Aaron Loo said the collaboration is expected to assist […]
Bootcamp to empower digital entrepreneurs
KUCHING: A total of 200 micro, small and medium entrepreneurs (MSMEs) from all over Sarawak were selected for the inaugural Juh Digital Bootcamp. According to Borneo Digital chief executive officer and Juh Digital Bootcamp lead faciltator Azhar Rashid, the four-week virtual digital marketing programme is an effort by the Ministry of International Trade, Industry and […]
Pushing batik production creates jobs
MIRI: The development of Sarawak’s textile industry is expected to provide new opportunities to push up output levels, create employment and help the tourism sector to grow. Minister of Women, Childhood and Community Wellbeing Development, Datuk Seri Fatimah Abdullah, who has expressed optimism in this, said Sarawak has achieved a breakthrough is the production of […]
Digital bootcamp to offer hands-on experience
KUCHING: The Juh Digital Bootcamp aims to enroll 200 youth entrepreneurs and micro, small and medium enterprises (MSMEs) from all over Sarawak for the programme’s first batch. Tabung Ekonomi Gagasan Anak Sarawak (TEGAS) chairman Datuk Len Talif Salleh disclosed that the Juh Digital Bootcamp is a digital marketing programme for the community and it is […]
Sarawak has more than 70,000 MSMEs
BINTULU: Micro, Small and Medium Enterprises (MSMEs) are the backbone of the country’s economy. Bintulu Resident Datuk Jack Aman Luat said in 2020, these enterprises contributed to 38.2 per cent of the Gross Domestic Product (GDP). He added that the MSMEs contributed to 48 percent of exports and created 45 percent of the jobs in the […]
Over 500k MSMEs at risk of closure if not allowed to operate
KUCHING: It is estimated that 580,000 businesses, representing 49 per cent of the micro, small and medium enterprises (MSME) in the country, are at risk of closure by October if they are not allowed to operate by then. Federal Entrepreneur Development and Cooperatives (Medac) Minister Datuk Seri Wan Junaidi Tuanku Jaafar said this was following […]
Shopee offers 60,000 MSMEs benefits up to RM3,000 each via onboarding programme
KUALA LUMPUR: Shopee Malaysia is offering 60,000 local micro, small and medium enterprises (MSMEs) benefits of up to RM3,000 each via its Go-eCommerce Onboarding programme. In a statement today, the e-commerce platform said the initiative aims to encourage the adoption of e-commerce as a trade channel among local MSMEs and Malaysian citizens who wish to […]
Shopee helps micro businesses pay it forward to farmers and fishermen
KUALA LUMPUR: With the aim of helping villagers affected by the movement control order (MCO), a soon-to-retire science teacher from Sabak Bernam had quickly got into the business of selling “sambal pecal” through Shopee while staying at home. Besides helping to ease the growing family expenses, Mohd Ghazali Anuar, 56, said he wanted to sell […]
