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One Drop scents potential for its perfumes in Europe

The importer of alcohol-free fine perfumes plans to set up a marketing office in London to serve as its distribution base in Europe by year-end


Yogen Früz reaches Malaysian market

The first Yogen Früz outlet was opened about a week ago in Jalan Jelatek here, while another two are due for opening in Danau Kota in Setapak and The Strand in Kota Damansara this month.


Big Bad Wolf, mega bestseller

KUALA LUMPUR: The Big Bad Wolf came and captured our hearts with the 1.5 million books of various genres it offered. Now it has left us with tonnes of books to read over the next few months.


Krista strengthens foothold on the early-learning market

As education is the key to the future, Krista Group of Companies aspires to provide the best tools to secure children’s success.


Pestech en route to Bursa's Main Market

SHAH ALAM: Pestech Sdn Bhd, an engineering, procurement, contracting and construction contractor for high voltage and extra high-voltage electrical substations, will go public soon.


Malaysia SME backs soft loan idea

Malaysia SME, a media company which caters to local small- and medium-sized enterprises (SMEs), yesterday backed the move by SME Corp Malaysia to give out soft loans, instead of grants, to SMEs.


Plan for SME hub in Medini Iskandar

SINGAPORE: A dedicated hub for small and medium enterprises (SMEs) will be set up on a 121-hectare zone at the Medini Iskandar Malaysia to provide an opportunity for SMEs to contribute to the growth of the corridor.


S. Korean SMEs to invest further in Malaysia

Small South Korean companies may invest further in Malaysia as they seek to expand, says Small and Medium Business Corp (SBC) president Lee Ki Won.


RM365m MIDF loans for SMEs

ECONOMIC DEVELOPMENT: Bulk of financing will be skewed towards services sector


Feed-in Tariff scheme fits in well with Gading Kencana

SHAH ALAM: Renewable energy (RE) services firm Gading Kencana Sdn Bhd is optimistic of a jump in revenue this year following the implementation of the Feed-in Tariff (FiT) scheme.


Arahe gears up for London listing in June

KUALA LUMPUR: Information and communications technology (ICT) company Arahe Solutions Sdn Bhd (Arahe) will no longer be categorised as small- and medium-sized enterprise (SME) as it is gearing up to be listed on the London Stock Exchange in June this year to become a globalised ICT entity.


Munchy Food has appetite for bigger bite of global mart

Munchy Food, with products in more than 60 countries worldwide, aims to expand the presence of its products to 100 countries by 2020.


50 SMEs to be picked for biomass project

The Biomass Industries in Malaysia Sustainable Production (Biomass-SP) project will identify 50 local small and medium enterprises (SMEs) to participate in the commercialisation of biomass technology with their counterparts in the European Union (EU) in two years.


It pays for enterprise to highlight differences: Consultant

The increased advertising and promotional activities among small- and medium-sized enterprises (SMEs) and start-ups augur well for the branding and advertising industry in the country.


Scheme to develop top Bumi SMEs

KUALA LUMPUR: A High Performing Bumiputera SME (HPBS) programme to develop the next generation of world-class Bumiputera entrepreneurs will be rolled out on July 21 by Unit Peneraju Agenda Bumiputera (Teraju).


MM Vitaoils to move upstream

Palm oil and edible oil products manufacturer MM Vitaoils Sdn Bhd plans to move upstream by having its own plantation to ensure sufficient supply of raw materials.


Doorstep to provide online sales platform for SMEs

E-commerce firm Doorstep Retails expects to have between 500 and 1,000 small- to medium-sized enterprises signed up on the online mall, via www.doorstep.com.my, by the end of next year.


'Lower corporate tax, power tariff will benefit SMEs more'

Small - and medium-sized enterprises (SMEs) feel that a reduction in corporate tax and electricity tariffs will be more effective in helping them deal with the impact of the global economic crisis.


Google Analytics boost for SMEs in Malaysia

Google Inc, developer of the award-winning search engine, is providing Malaysian small and medium enterprises (SMEs) a simple and flexible analytical tool to strengthen their online marketing and business.


SMEs still spending on IT: IBM study

The study shows that a quarter of the 80 respondents increased their IT expenditure, while about two-fifths maintained their IT spending


MCA plans one-stop centre for SMEs

The Malaysian Chinese Association (MCA) aims to set up a one-stop centre for small and medium enterprises (SMEs) to channel their concerns and educate them on funding opportunities.


SMEs benefiting from Matrade grants

Export activities for small and medium sized enterprises (SMEs) increased last year, thanks to the overwhelming interest the Malaysia External Trade Development Corporation (Matrade) assistance programmes.


Herbal Home to focus more on Asia

KUALA LUMPUR: Since the dawn of the days, herbal remedy has been associated with improving one's health and prolonging one's life- span regardless of culture, race or creed.


Orchan's Chocolate Box PR a cost-effective option

KUALA LUMPUR: Many small- and medium-sized enterprises (SMEs) often feel that getting media coverage is out of their reach, but this should not be the case.


F Block builds up a ‘fashionable’ fan base

KUALA LUMPUR: Owning a fashion boutique seems like the “in” thing nowadays, but managing it and having a large fan-base takes more than just time and hard work.


OCBC targets RM4b loans for SMEs

KUALA LUMPUR: OCBC Bank (Malaysia) Bhd aims to disburse more than RM4 billion out of the RM5 billion approved loans to assist local small and medium enterprises (SMEs) to set up and expand their businesses this year.


Online dating for brands


Focal stays focused on revenue growth target

FOCAL Manufacturing Sdn Bhd, a manufacturer specialising in road transport equipment, said the current global economic downturn may slightly derail its targeted revenue for its financial year ended March 2009.


ETP benefits small firms too, says SME Corp chief

KUALA LUMPUR: The Economic Transformation Programme (ETP) benefits small and medium enterprises (SMEs) and not just big companies, said SME Corp chief executive Datuk Hafsah Hashim.


Yim reaps big bucks from sweet corn venture

A bold career switch by Yim Yooi Wai, a former civil engineer, to invest in contract farming for sweet corn resulted in an increase in income


Tesco to increase local SME products to be sold in China

KUALA LUMPUR: UK retailer Tesco wants to nearly double the number of products made by Malaysian small businesses that can be sold at its stores in China.


Faster SME loans the PGA way

Small companies can now get loans much faster under a new deal between banks and Credit Guarantee Corp Malaysia Bhd (CGC).


New trade minister wants weekly reports from Smidec

Datuk Mustapa Mohamed wants weekly reports on the impact of the global economic crisis on small and medium enterprises.


SMEs to get RM12.5b from stimulus packages

The government has budgeted one fifth of the RM67 billion stimulus packages for SME-related programmes.


Beauty starts with healthy diet

For Golden Swan Biotech, opportunities for growth are boundless as the healthcare and supplements industries in Malaysia and globally continue to flourish once again.


Safeguarding internal data crucial for SMEs: Symantec

PROTECTING internal information is very crucial for small- and medium-sized enterprises (SMEs) in order to become more competitive in today's world.


SMEs bullish on business outlook: Survey

Malaysia's small- and medium-sized enterprises (SMEs) are more bullish over the local economy and their own business outlook in the next six months, according to a global survey by HSBC Group.


SME Bank to focus on loans for NKEA jobs, i-Programme

Mohd Radzif said to date, since its inception six years ago, the bank has RM4.4 billion of loans.


TM, REDtone target SMEs

KUALA LUMPUR: REDtone International Bhd and Telekom Malaysia (TM) have joined forces to roll out the national High Speed Broadbank (HSBB) particularly for the small- and medium-sized enterprise (SME) segment.


Demand Options to expand overseas presence


Women, be game changers!

WOMEN making the headlines are not something unusual nowadays. I couldn't agree more with the adage "the hand that shakes the cradle will shake the world".


Alliance expects SME loan growth to 15pc this year

ALLIANCE Bank Bhd expects its small and medium enterprise (SME) loans to grow by more than 15 per cent this year, its head of SME banking Steve Miller said yesterday.


Mustapa to meet Bank Negara over SME loans

International Trade and Industry Minister Datuk Seri Mustapa Mohamed plans to meet senior officials from Bank Negara Malaysia to discuss persistent complaints about access to financing for small and medium enterprises (SMEs).


One-stop service centre for SMEs

Kontena Nasional Bhd, the national container haulier and logistics services provider, is venturing into the third party logistics industry and aims to be the leading player in the next few years.


Avaya aims to capture 10pc of SME software mart with SCS


Malaysian SMEs can now stamp their mark

Small- and medium-sized enterprises can now look to having their products recognised and accepted both locally and abroad with the National Mark, a new quality accreditation tag developed by the Small and Medium Industries Development Corp.


RM1.85b shot in the arm for tourism campaign

Average tourism receipts are expected to rise 13.9 per cent per annum to RM54.9 billion by 2010 and generate around 520,700 jobs


Survey: SMEs lack skills to maintain security solution

A Symantec survey finds that top security barriers for companies include lack of dedicated IT staff, lack of budget and lack of employee skills.


MIDF: More flood-hit SMEs will seek loans

KUALA LUMPUR: Malaysian Industrial Development Finance Bhd (MIDF) expects to receive 70 applications this month for the RM10 million soft loans allocated for the small and medium enterprises (SMEs) affected by the recent floods in the country.


SEGi keen to help SMEs meet human capital needs

SEGi University College has developed Undergraduate and Postgraduate programmes in environmental science, biotechnology, health science, and entrepreneurship


Help for SMEs seeking halal status

KUALA LUMPUR: The Halal Industry Development Corp (HDC) has inked an agreement with Malaysian Islamic Development Department (Jakim) to provide training to small and medium size enterprises (SMEs).


Enterprises told to go into new areas


Squeezed by rising costs, falling orders

Many small- and medium-sized enterprises are finding it difficult to pass rising costs onto customers through higher prices, says AOB Engineering


One Drop scents potential for its perfumes in Europe

The importer of alcohol-free fine perfumes plans to set up a marketing office in London to serve as its distribution base in Europe by year-end


SMEs prepare for revival, growth

A number of SME players are confident of improvements in their own business performance in the coming year after suffering a lot in 2009.


Raja Nazrin: Invest in brand promotion

Brand-building may be at an early stage in Malaysia, but small- and medium-sized enterprises must be prepared to invest towards promoting their company's brands, said the Regent of Perak, Raja Nazrin Shah.


'RM1.2b aid will save many firms'


Symantec solution for SMEs

KUALA LUMPUR: Symantec has introduced a new backup solution for small and medium enterprises (SMEs) that it claims can reduce 80 per cent of their backup operating cost over five years.


Malaysian SMEs urged to get halal certification

KUALA LUMPUR: Local small and medium-sized enterprises (SMEs), including Muslim entrepreneurs, are urged to get halal certification to seize lucrative opportunities in the global halal sector.


Employees are our key asset: Pat-Lin

KUALA LUMPUR: For communications consultancy firm Pat-Lin Communications Sdn Bhd, people are the fuel that sustains the company.


Malaysian SMEs a resilient lot

The domestic small and medium enterprise (SME) sector has proven its resilience during the recent global financial crisis by registering consistent double-digit quarterly growth, SME Corp Malaysia chief executive officer Datuk Hafsah Hashim said.


Global halal SME report and directory out in April

An International Halal Small and Medium Enterprise (SME) report and directory will be published for the first time in April next year.


Google's new tool to help SMEs go global

Google Inc has unveiled a new tool, dubbed Google Global Market Finder, to help small- and medium-sized businesses to go global.


SMEs shy away from govt grants

Malaysia's small and medium enterprises (SMEs) are not keen on taking up grants by the government, especially for biomass projects, because of the tedious application process.


SME Corp targets more listings

SME Corp Malaysia, an agency under the Ministry of International Trade and Industry, is aiming to have 15 per cent of the country's top small and medium enterprises (SMEs) listed by 2015.


Carrefour to sell more SME products

Carrefour Malaysia wants to carry more goods made by small and medium enterprises (SMEs) at its stores, in line with the government's move in promoting SME products.


Adopt open source software, SMEs told

Open source technology solutions provider Red Hat Asia Pacific Pte Ltd hopes more small and medium size enterprises (SMEs) will adopt open source software.


SMEs on the path to further growth

SMALL and medium enterprises (SMEs) in the country are still on the runway for growth despite the European sovereign debt crisis and a more challenging marketplace.


Event to help SMEs move up value chain


SME Bank new Islamic product to woo more deposits

SME Bank will introduce Mudharabah deposit-taking under the General Investment Account beginning Monday to attract more government agencies, statutory bodies and government-linked companies to place deposits with it.


Miti wants to partner GLCs to help Bumi SMEs

Small Bumiputera entrepreneurs can look forward to business opportunities as more government-linked companies (GLCs) join the trade ministry's entrepreneur development programme.


SMEs seek further ease in doing business, tax cut

Small-and medium-sized enterprises (SMEs) want the government to further improve the ease of doing business and reduce corporate tax.


'Right branding,good packaging help boost sales'

GOOD packaging and strong brand presence go a long way towards enhancing sales of products, as they stand out in the market and attract customers' attention.


Banks to stop receiving new applications for SME scheme

BANK Negara Malaysia says participating financial institutions will no longer receive new applications from small andmedium-sized enterprises (SMEs) for funds under the RM2 billion SME Assistance Guarantee Scheme.


MIDF to help SMEs weather tough times

MIDF's development finance division will act as a conduit for the government to provide small- and medium-sized enterprises soft loans, with interest rates at two per cent


Smooth access to loans with help of SME Credit Bureau

The bureau hopes to improve the overall perception of the SMEs among financial institutions, credit guarantors and people who may want to do business with them


SMEs see world economy recovering by next year

Business prospects for 2009 have taken a sharp downturn and SME leaders in Malaysia are looking to offer more value-added products and services, diversify their business and explore new revenue streams, says a UPS survey


SMEs must tap benefits that free trade offers

While free trade can be a polarising topic, the common ground is that for many of Asia's small- to medium-sized enterprises (SMEs), the benefits are yet to materialise.


Smidec beefs up manpower to cut backlog of loan applications

The Small and Medium Industries Development Corp (Smidec) is expanding its manpower to reduce backlog of applications for SME loans, Deputy International Trade and Industry Minister Datuk Mukhriz Mahathir said.


Room Service for Cyberjaya by year-end

The food delivery company, which started providing its services in the Klang Valley and Penang from 2003, aims to expand to most major cities and towns in Malaysia this year


SMEs expect strong growth in trade within Asia Pacific

A survey done by UPS, Asia Business Monitor (ABM), has revealed that more than half of Malaysian small and medium enterprises (SMEs) expect the country's volume of trade within Asia Pacific to continue to grow strongly, followed by the Middle East and Europe.


Woody ingredients for WWP success


Survey: SMEs see slower growth for Asia

However, Malaysian small- and medium-sized enterprises remain upbeat about their business growth prospects, says United Parcel Service managing director


Smart Wash to go regional


Remanufacture vehicles to save costs, firms told

Through remanufacturing, small- and medium-sized enterprises and logistic firms can save up to 60 per cent against a new purchase, says Motor Teknologi & Industri


French keen on Malaysian medical devices market

Malaysia is probably one of the lesser known markets to the French medical device industry until recently, when many of the players decided to expand operations in Asia.


CGC, StanChart funds for women entrepreneurs

Credit Guarantee Corp Malaysia Bhd (CGC) and Standard Chartered Bank Malaysia Bhd aim to disburse RM100 million in the next 18 months to women entrepreneurs.


TV series teaches SMEs to be IT-savvy

Enough talk on how IT can help small businesses. Now, small and medium enterprises (SMEs) can actually watch how it's done.


Apec must support SMEs

KUALA LUMPUR: Asia-Pacific Economic Cooperation (Apec) leaders, who meet in Hawaii for their summit soon, must demonstrate solidarity in helping small-and medium-sized enterprises (SMEs) by implementing policies and strategies to boost micro-finance development in the region.


InnovationXchange to help SMEs find partners

Small- and medium-scale enterprises (SMEs) seeking external partners may encounter problems caused by limited resources, time constraint and day-to-day operational issues.


More SMEs expected to seek SAC services

SME Bank Bhd, which has so far provided business advisory services to some 500 small and medium enterprises (SMEs) since 2008, expects more SMEs to approach its SME Advisory Centre (SAC) on a voluntary basis.


Kaspersky's new services help SMEs save costs

Kaspersky's Lab, a developer of secured content and threat management software, expects its hosted security services to be well accepted by businesses, especially among the small- and medium-sized enterprises (SMEs).


BAE keen to partner Malaysia SMEs

KUALA LUMPUR:Global defence and security firm BAE Systems is keen to partner local small and medium enterprises (SMEs) to share expertise and experience, and bring leading-edge technology and innovation to Malaysia.


Gateway Option on the move

KUALA LUMPUR Today's society has made itself so used to telecommunications that the world would collapse if it was taken away.


Exabytes targets more SMEs

MALAYSIA'S largest web hosting provider, Exabytes Network Sdn Bhd, is looking to service more small- and medium-sized enterprises (SMEs) this year.


When ‘good enough’ is really not good enough

NOW is not the time for the small- and medium-sized enterprises (SMEs) to be content with what they have achieved as today’s business environment has become more competitive.


CIMB renews focus on SMEs

CIMB Bank expects double-digit revenue growth in small- and medium-sized enterprise business this year


Accountants: SMEs must be cash savvy

The Association of Chartered Certified Accountants (ACCA), the global body for professional accountants, said small and medium enterprises (SMEs) need good cash management habits.


SME Corp, MDec link up to enhance online sales

SME Corp Malaysia and Multimedia Development Corp (MDec) will train small companies to carry out online sales to grow their business in a joint programme starting in July.


Soft loans to gradually replace grants for SMEs

Grants to small- and medium-sized enterprises (SMEs) are being phased out and replaced by soft loans to help them develop a better credit culture, said SME Corp chief executive officer Datuk Hafsah Hashim.

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