SME Corp CEO urges Malaysian MSMEs to embrace digitalisation, close gap in upgrading business operations

  • 📰 malaymail
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 86%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

KUALA LUMPUR, Oct 19 — Micro, small and medium enterprises (MSME) are encouraged to embrace digitalisation in closing the gap to upgrade their business processes and improve...

SME Corporation Malaysia CEO Rizal Nainy presents his views during a panel discussion at a forum Unlocking Opportunities: Exploring Funding Option & Grants for SME Growth. The forum is held in conjunction with the SME Digitalisation Summit: Driving Million Dollar Growth in the Digital Era at the Kuala Lumpur Convention Centre October 19, 2023.

“However, when it comes to back-end digitalisation, which is the system itself, it is still at 50 per cent, which means there is a gap for MSMEs to upgrade their business processes in terms of digitalisation.“To achieve higher productivity, MSMEs must learn to embrace digitalisation so that they are able to do better,” he said as a panellist in the ‘Unlocking Opportunities: Exploring Funding Options & Grants for SME Growth’ panel session.

Fellow panellists of the session included Affin Bank Berhad head of direct channel Angus Tan Su Siang, Mystartr CEO William Lien and Funding Societies country head Chai Kien Poon, moderated by Small and Medium Enterprises Association national president Datuk William Ng.It saw discussions of applicable grants or bank loans for MSMEs wishing to seek financial assistance as well as equity crowdfunding , among others.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Let the labour market decide wages, says SME groupEmployers who underpay their workers will find it hard to keep them, says William Ng.
Source: fmtoday - 🏆 5. / 72 Read more »