RM40 mln more allocation under BKSS

KUCHING: The state government has provided additional allocations for three measures under the Sarawakku Sayang Special Assistance (BKSS) packages aimed at assisting small and medium enterprises (SMEs). The Small and Medium Industries Loan Scheme (SPIKS) received an additional allocation of RM20 million while the programmes Graduates-to-Entrepreneurs (Gerak) and Technical and Vocational Entrepreneurs (Ustev) each received […]

Matrade-Google Malaysia collaboration to enhance SMEs’ digital export skill sets

KUALA LUMPUR: The Google’s Market Finder module has recently been introduced as a digital market insights tool to assist small medium enterprises (SMEs) find new export business opportunities through the Malaysia External Trade Development Corporation (Matrade)-Google Malaysia collaboration. Besides, it is a tool to strengthen Malaysian SMEs export fundamentals, as well as to broaden exports […]

GPS govt caring to SMEs

KUCHING: The special one-off financial aid of RM10,000 for active businesses registered in Sarawak provided under the Sarawakku Sayang Special Assistance (BKSS) 7.0 package shows that the Gabungan Parti Sarawak (GPS) government is caring and was sympathetic to the plight of the small and medium enterprises (SMEs). In saying this, Dayak Chamber of Commerce and […]

Ease requirements for SMEs to get aid, urges SUPP man

KUCHING: SUPP Youth Central Small and Medium Enterprises (SME) Bureau chief Eric Tay Tze Kok has expressed his delight with the newly announced Sarawakku Sayang Special Assistance (BKSS 7.0) package from the state government. He said the package was timely as many SMEs had been severely affected by the pandemic and the movement restrictions that […]

SMEs need new ways to rebuild businesses in Covid-era

KUALA LUMPUR: Malaysia’s 907,065 small and medium enterprises (SMEs) are living in very uncertain times — from day to day it seems almost impossible for them to predict what will come next. Businesses across the country have barely hung on after the arrival and persistence of Covid-19. In this regard, entrepreneurs need to live in […]

JanaNiaga financing allocation expected to reach RM1.2 bln

KUALA LUMPUR: The allocation for the National Supply Chain Finance Platform, JanaNiaga, is expected to reach RM1.2 billion, with the additional allocation from financial institutions which will participate in phases. Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz said to ensure the financing assistance could be extended to the SMEs immediately, an allocation of RM300 […]

Automatic moratorium on loans a welcome relief

KUCHING: The public have welcomed the six-month automatic moratorium on bank loans for individual borrowers, including those in the B40, M40, and T20 groups, as well as small and medium enterprises (SMEs) and micro-entrepreneurs. Prime Minister, Tan Sri Muhyiddin Yassin, announced the moratorium on June 28 as part of the National People’s Wellbeing and Economic […]

SMEs must change business operations to prepare for recovery in digital age

KUALA LUMPUR: Small and medium enterprises (SMEs) must transform their business operations in the digital age and start preparing for early business recovery by year-end or even by the third quarter of 2021, an Asean expert in human resource said today. GKK Consultants Sdn Bhd group chief executive officer Gajendra Balasingham told Bernama that he […]

Digital adoption is a must to reignite export businesses

KUALA LUMPUR: Small and medium-sized enterprises (SMEs) must be able to leverage digital adoption to reignite export businesses during the pandemic, said Bank Islam Malaysia Bhd director Datuk Nik Mohd Hasyudeen Yusoff. He said the development in technology has opened the avenue for export businesses and there are opportunities for small business players to be […]

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 […]