Small businesses cry out for help
KUCHING: Local SMEs (Small Medium Enterprises) players are excitedly waiting for the economic stimulus package to inject life into their ailing businesses. On March 21, the state government said it will introduce a special economic stimulus package to assist sectors affected by the Covid-19 pandemic. Chief Minister Datuk Patinggi Abang Johari Tun Openg said the […]
Chamber urges government help businesses, workers
KUCHING: In light of the desperate economic climate, the government needs to come up with drastic measures and effective policies to counter the negative impacts that have arisen from the Covid-19 pandemic, says Kuching Chinese General Chamber of Commerce and Industry (KCGCCI) secretary-general Jonathan Chai Voon Tok. “With the slumping oil prices we are facing […]
Minister: Plans for a business friendly Malaysia
KUCHING: Datuk Seri Wan Junaidi Tuanku Jaafar has revealed plans for a business friendly nation following his appointment as Federal Entrepreneur Development and Cooperatives Minister. In a statement, one of his first initiatives would be to improve his ministry through the betterment of previous governmental implementations. He said various existing agencies previously established under his […]
RM3.3 bln fund, banks’ preparedness will help alleviate SMEs’ financial burden
KUALA LUMPUR: As the Covid-19 outbreak widens with Malaysia entering the second wave of spread, the banks’ preparedness along with measures undertaken by Bank Negara Malaysia (BNM) are a shot in the arm for the Small and Medium Enterprises (SMEs) during this difficult time. “As the backbone of the nation’s economy, the SME sector deserves all the help it […]
MTDC helps SMEs establish cooperation with universities
ALOR SETAR: The country’s small and medium-scale enterprises (SMEs) could grow more rapidly and scale greater heights if they establish cooperation with technology providers and local institutions of higher learning. Malaysian Technology Development Corporation’s (MTDC) chief executive officer Datuk Norhalim Yunus said the potential of local SMEs could not be harness to the maximum without the application of technology in their […]
BSN to channel matching grants for digitalisation of SMEs
CYBERJAYA: Bank Simpanan Nasional (BSN) has entered into a strategic collaboration with the SME Bank Group and the Malaysia Digital Economy Corporation (MDEC) to channel matching grants towards the digitalisation of small and medium enterprises (SMEs). In a statement yesterday, BSN said that it has been appointed by the Finance Ministry to become the prime mover in […]
Make full use of e-commerce
KUCHING: E-commerce should be seen as an incredible opportunity for Sarawakians to venture into the business sector and improve, said International Trade and Industry, Industrial Terminal and Entrepreneur Development (Mintred) Assistant Minister Datuk Mohd Naroden Majais. Naroden, who was representing Mintred Minister Datuk Amar Awang Tengah Ali Hasan, said the emergence of digital economy through […]
Companies urged to assess IR4.0 readiness
KUCHING: Out of the 508 companies nationwide approved under the Industry4WRD Readiness Assessment (RA) of the Malaysia Productivity Corporation (MPC), only 17 are from Sarawak. MPC Sarawak director Sarimah Misman thus urged Sarawakian companies in the manufacturing and services sector to apply for the Industry4WRD RA to know where they stood and what they needed […]
Bau Industrial Estate closer to reality
BAU: Works for phase one of the Bau Industrial Estate are expected to commence this year. Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan said the site for the industrial estate has already been identified and the state government is now in the process of getting back the state land. He said the location […]
SMEs vital to national and state economy
KUCHING: Small and Medium Enterprises (SMEs) play a very important role in the development of the national economy as well as the state’s economy, said International Trade and Industry, Industrial Terminal and Entrepreneur Development Assistant Minister Datuk Mohd Naroden Majais. He said SMEs contributed 38.5 per cent to the national economy. “For Sarawak, I believe […]
