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 […]

Ever come across different types of bank accounts—savings, current, fixed deposit, etc.—and wondered what they’re for? There are actually 4 main types of banking accounts in Malaysia, and each serves a very different purpose. You can read all about these accounts below. Related: You Can Have 4 Types of Bank Accounts in Malaysia, But What’s […]

The world is slowly opening up again, and that means many businesses will resume their  operations. This will lead to businesses trading internationally again and with that, the need for foreign exchange will arise. Dealing with foreign exchange in itself can be a hassle sometimes. And if you’re a business owner, ideally, you would  want […]

If you’ve ever wondered what happens when a bank runs out of funds, the bank will actually borrow from another financial institution. When banks borrow from each other like this, they are charged what is known as an overnight policy rate (OPR). When Covid-19 hit our country, Bank Negara Malaysia slashed the OPR several times […]

In light of how small to medium enterprises (SMEs) have been struggling during the pandemic, CIMB has introduced various initiatives on sustainable business practices to help them. These initiatives are more crucial, especially when SMEs make up the bulk of businesses in Malaysia.  According to SME Corp Malaysia, 98.5% of Malaysian businesses in Malaysia are […]

If you are a small and medium enterprise (SMEs) that is struggling to stay afloat, CIMB has introduced a new platform to guide you to the right financing facility to help your business during this pandemic. CIMB is the First Commercial Bank in Malaysia that integrates a chatbot called EVA to support SME owners in […]

It goes without saying that many businesses have been severely impacted by the ongoing pandemic. There have been some initiatives that are aimed at reducing this impact, such as the wage subsidy programme, hiring incentives, and so on.  Two programmes for micro-businesses were also introduced last year: The Informal Financing Scheme (SPIN) and the Covid […]

Any entrepreneur who has started a new business knows that it is anything but easy. While you might feel extremely motivated to see the changes your business can make in the world, there are also a lot of struggles along the way. Entrepreneurial ventures are fraught with mistakes, missed opportunities, and even mishaps.  Related: Best […]

We live in an era where most entrepreneurs assume that you have to take out a huge loan and go into debt if you want to make your business idea a reality. One of the biggest reasons for this is that we tend to assume starting a business requires a huge amount of money.   However, […]

As a business owner, you know that adapting to changes is more important now than ever before. COVID-19 has accelerated transformation in the way we work today.  There is less foot traffic in physical stores as consumers prefer online shopping during the pandemic. So if you plan to evolve, stay ahead of the competition, and […]

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 closure, […]

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 […]