SME News
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2023-10-10
M'sian MSMEs recorded double digit growth in 2022, says SME Corp CEO
JOHOR BARU: Local micro, small and medium enterprises (MSME) recorded double digit growth in gross domestic product (GDP) of 11.6% in 2022, says SME Corp Malaysia CEO Rizal Nainy (pic). He added that based on data from the Statistics Department Ma...
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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
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...

