Lack of capital and time hampering SMEs to innovate
The small and medium enterprises (SMEs) in Malaysia are mostly facing capital challenges to innovate and transform their organisations towards Industry 4.0. According to Steinbeis Malaysia Foundation (STMY), local SMEs have the desire for innovati...
Female entrepreneurs thrive on 11street
11STREET, a Malaysian online marketplace, announced that in 2017, 56% of its registered sellers were women’ selling products across various categories. CEO of 11street, Hoseok Kim said: “Online shopping has proven to be a boon for...
Ahmad Maslan: Only 12pct of Bumi firms are macro businesses
KUALA LUMPUR: Only 12 per cent of Bumiputera enterprises are macro businesses despite the government’s push to raise the status of Bumiputera entrepreneurs, including through the establishment of the Bumiputera Commercial and Industrial Communi...
SME Development Bank to disburse RM741mil worth of loans
MELAKA: SME Development Bank Malaysia Bhd (SME Bank) expects to disburse some RM741mil worth of new loans to entrepreneurs under the bank’s ongoing engagement sessions with small business owners. SME Bank chief operating officer (bankin...
Local SMEs should 'up their game' with latest technologies, says SAP
KUALA LUMPUR: Given the right business models and technology strategies, local small and medium enterprises (SMEs) can compete with the big boys in today’s challenging business environment. According to SAP Malaysia managing director Duncan ...