Many small and medium enterprises have been impacted by the economic standstill caused by various movement control orders to stem the spread of the Covid-19 pandemic. In an October 2020 report by The Edge Markets, the SME Association of Malaysia carried out a survey among 1,713 members and found out that 20% of its respondents […]

Going digital is no longer just a buzzword, but it’s also a way of life for many businesses. With half of the world population being active internet users, it’s no surprise why businesses are pushing to digitize their operations. SME Corp targets the digitalisation of all SMEs Currently, only 32% of Small and Medium Enterprises […]

While the on-going global COVID-19 pandemic has affected businesses across all sectors – with many predicted to go into insolvency due to their business nature – it has also paved the way for digital transformation as businesses are forced to modify their operations to cope with restricted movement and supply interruption. Although the government has […]

Social media is an important aspect of digital marketing as it helps improve brand awareness for businesses. Read this article to find out how your small business can take advantage of social media. With 3.96 billion people or more than half of the world now on social media, it’s fair to say that social media […]

Budget 2021 brings hope to small and medium enterprises (SMEs), startups and businesses in Malaysia that are affected by the COVID-19 pandemic. Read this article to find out the key highlights and benefits that your business can expect to get from the latest national budget. Many businesses, particularly small and medium-sized enterprises (SMEs) have been […]

Take your business to the next level with the new CIMB Platinum BusinessCard, and enjoy exclusive rewards like cash rebates. Even better, you don’t need a large business to be qualified for one. When starting a business for the first time, you may choose to use a personal credit card, rather than a business credit […]

Technology is transforming at a rapid pace and impacting the way organisations operate and work. Digital Transformation is now inevitable across all sectors, and Human Resource (HR) management is not immune to it. Additionally, the global COVID-19 pandemic has triggered the acceleration of digital transformation in HR, forcing them to think of operational alternatives like […]

While starting a business during the COVID-19 pandemic could be risky, it could also bring you benefits depending on your business ideas. In this article, we gathered some pros and cons you need to consider before you make your decision.   There’s a great amount of uncertainty for businesses right now – many are facing […]

Maybank just unveiled and launched a digital SME financing platform for SMEs. This will only require 10 minutes of your time to get the approval from the bank. Read below on how you can apply, the eligibility and the benefits you can get. If you’re a small and medium-sized enterprise (SME) looking for extra financing […]

Do you want to support local businesses in Malaysia and at the same time, give back to the community? In conjunction with Malaysia Day, we listed 7 SMEs that can give you that opportunity. Find out what they are and the products they are selling. The effects of the COVID-19 pandemic are clear: it has […]

There’s little doubt that the COVID-19 pandemic has massively impacted all small and medium enterprises (SMEs) across the country. As most organisations are struggling to balance the books, here are some handy tips to help restructure your finances during this pandemic. Understanding Financing Revised Payment Terms During this pandemic, financing revised payment terms paves a […]

Malaysia 5.0 can lead to better and more sustainable economic growth. With this, Small and Medium Enterprises (SMEs) play an important role in performing digital transformation strategies. But what is digital transformation? What are its benefits and how can your business take advantage of it? Read this article to learn more. If you follow the […]

Many industries were impacted by COVID-19 and this includes the coworking space industry. Now that the government has reopened the economy in Malaysia, how are our local coworking spaces doing and how were they affected? And are coworking spaces actually good for you and your business during this pandemic? Read this article to find out. […]

COVID-19 Survival Guide For Malaysian Retail, F&B, and Service Industry: Learn How To Bring Your Business Online. Since the breakout of the Covid-19 pandemic, many businesses have suffered, especially in the Retail Sector with businesses ranging from Food and Beverage (F&B) to the Services industry. According to Retail Group Malaysia, the Malaysian retail industry is expected […]

COVID-19 is an infectious disease caused by the most recently discovered coronavirus. This new virus and disease were unknown before the outbreak began in Wuhan, China, in December 2019. The virus has spread rapidly outside China to over 90 countries globally. In Malaysia, the first COVID-19 case was reported in mid of January 2020, since […]

Did you know a CIMB Business Current Account-i has rewards beneficial to your business? When you start a business, one of your first tasks should be to open a ​business bank account. If you already run your own small or side business and have been funneling earnings into a personal bank account, it’s time you […]

The ultimate roundup of low cost franchise opportunities including Tealive and more. As of 7 November 2019, we have refreshed this list with new franchises that recently entered the market, some of which are highly coveted Taiwanese bubble tea brands that you may already have tried! Franchising can be a great way to get into […]

The latest business and entrepreneurship allocations from Budget 2020. We have compiled the salient points on Government funding, entrepreneurship and tax scheme from the full text of Budget 2020, delivered by the Finance Minister on 11 October 2019 in the Parliament of Malaysia (click here for the full text of the speech) : Read also: […]

SMEs are the growth engines of the nation. The Small and Medium Enterprises (SME) landscape in Malaysia show that this segment is 98.5% of all business establishments, and in 2018, SMEs contributed RM521.7 billion of the nation’s gross domestic product (GDP), while providing 5.7 million jobs to 70% of Malaysia’s workforce. However, being less financially […]

CIMB has refreshed their SME business proposition, to provide customers with a complete suite of solutions that go beyond banking. Anchored on three pillars: SME Transact (e.g. cash management services), SME Financing (e.g. no-collateral and business property financing), and SME Partners (various services from logistics, workspace and connectivity etc, offered by CIMB partners). Both CIMB […]