SME News
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2023-10-10
5G private network adoption will have ripple effect
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) has etched its name as the first entity to embrace a private 5G network, a significant milestone in Malaysia's push to digitalise the economy. "The ripple effect of this adoption will be fel...
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2023-10-10
Audit report: RM16m SME grants not spent, KUSCOP to address weaknesses
KUALA LUMPUR: The Ministry of Entrepreneur Development and Cooperatives (KUSKOP) assures that appropriate action was being taken against weaknesses pointed out as well as recommendations in the Auditor-General’s Report (LKAN) 2021 regarding the...
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2023-10-10
25 Johor MSMEs receive financial aid worth over RM1.71mil
JOHOR BARU: Local entrepreneurs witnessed remarkable growth last year, based on data sourced from the Department of Statistics Malaysia (DOSM). Micro, Small and Medium Enterprises (MSMEs) entrepreneurs doubled their contribution to the country'...
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2023-10-10
RAM-CTOS: More than 60pct of 165 SMEs polled did not receive gov assistance
KUALA LUMPUR: More than 60 per cent of 165 small and medium businesses polled for the RAM-CTOS Business Confidence Index (BCI) said they had not benefited from government assistance. Reasons cited include ineligibility, overly stringent conditions...
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2023-10-10
Success of NIMP would depend on quality foreign talent infusion
The newly-launched National Industrial Master Plan (NIMP) can catapult Malaysia out of the middle-income trap as it offers Malaysia opportunities. Still, it needs to navigate a steep contour that requires policymakers in Malaysia to take cognizanc...