Thursday, 9 September 2010

SME News

Malaysian Food Manufacturers Make Inroads Into Latin America

KUALA LUMPUR, Aug 3 (Bernama) --  Malaysian food manufacturers participating in a processed food marketing mission to Brazil and Chile have secured immediate sales valued at RM3.58 million with a further RM19.2 million in potential sales being identified.

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Ministry Mulls Adoption Of Cooperative System To Help Independent Smallholders

PENAMPANG (Sabah), Aug 2 (Bernama) -- The Plantation Industries and Commodities Ministry is looking at adopting the cooperative system to liaise with independent smallholders of different commodities while assisting them in increasing productivity.

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Consider Potential Of SMEs When Giving Out Loans, Banks Told

SHAH ALAM, August 2 (Bernama) -- Financial institutions should consider the potential of small and medium enterprises (SMEs) and their cash flow when providing loans, Second Finance Minister Datuk Ahmad Husni Mohamad Hanadzlah said on Monday.

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AYS' Microwaveable Halal Frozen Food Set To Enter Australian Market

KUALA LUMPUR, July 30 (Bernama) -- AYS Sdn Bhd, which produces Malaysia's first microwaveable halal frozen ready-to-eat Malaysian meals, under the Sri Kulai brand, aims to penetrate the Australian market soon, says its Chief Executive Officer, Liow Ren Jan.

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SME Bank To Focus On Quality Loan Portfolios This Year

KUALA LUMPUR, July 29 (Bernama) -- Quality  loan portfolios is SME Bank's main focus this year, in ensuring profitability and sustainability, the bank says in its 2009 Annual Report.

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FIM 2010 To Rake In RM370 Million Sales, Says MFA

KUALA LUMPUR, July 29 (Bernama) -- The Malaysian Franchise  Association (MFA) expects Franchise International Malaysia (FIM 2010) to generate a 10 per cent increase or RM30 million in sales to RM370 million this year.

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National Entrepreneurship Forum Attracts Over 60 Top Entrepreneurs

KUALA LUMPUR, July 29 (Bernama) -- The National Entrepreneurship Forum, Green Entrepreneurship 2010, which is organised by Enterprise Asia, has attracted over 60 top entrepreneurs from corporations in Malaysia and Asia.

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Biojism SMIs Can Market Products To Europe By 2012

ALOR SETAR, July 28 (Bernama) -- Small-and medium- sized industries (SMIs) venturing into the biojism industry will have the chance to sell their products in the European market by 2012.

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SME Bank Approved Rm9.8 Billion In Loans To SMIs

KUALA LUMPUR, July 27 (Bernama) -- A total of RM9.8 billion in loans involving 5,447 applications from small-and-medium industries (SMIs) were approved by the SME Bank from 2006 till June this year, the Dewan Negara was told Tuesday.

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SMEs Confident And Ready To Invest, Says HSBC Survey

KUALA LUMPUR, July 27 (Bernama) -- The HSBC's Small Business Confidence Monitor survey revealed that 42 per cent of small and medium-sized enterprises (SMEs) in Malaysia are planning to increase their capital expenditure (CAPEX) in the next six months.

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Amended Bankruptcy Act May Give Second Chance For Genuine Entrepreneurs Declared Bankrupt

KUALA LUMPUR, July 24 (Bernama) -- Genuine entrepreneurs once declared a bankrupt, may get a second chance to venture into business once the government amends the Bankruptcy Act 1967 said Deputy Prime Minister Tan Sri Muhyiddin Yassin.

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RM23 Million Fund To Help Graduates Become Entrepreneurs

KOTA BAHARU, July 24 (Bernama) -- Graduates keen to start their own businesses can apply to the Graduate Entrepreneur Fund which still has RM23 million from the RM25 million allocated under the Ninth Malaysia Plan.

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MIDA To Organise Seminar On Food Processing Industry

KUALA LUMPUR, July 23 (Bernama) -- The Malaysian Investment Development Authority (MIDA) will organise a one-day seminar on the food processing industry on Aug 2 in Kota Bharu, Kelantan.

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Loss Of Data And Cyber-Attacks Now Top Business Risks For SMBs

KUALA LUMPUR, July 22 (Bernama) -- Loss of data and cyber-attacks have been identified as top business risks for small and medium businesses (SMBs), according to a survey by Symantec Corp.

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Strong SMEs Are A Safety Net For External Shocks

KUALA LUMPUR, July 22 (Bernama) -- Strong small medium entreprises (SMEs) can be a safety net for Malaysia, if growth in the global economy remains protracted, due to weaknesses in developed economies.

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