Strengthening SME and Entrepreneurship
i. Industrial Linkage Plan (ILP) should be a major project to support the recovery and strengthening of the SMI supply chain. •Specific allocations should be given to MIDA to implement the ILP aggressively; •Tax incentives such as lower corporate taxes or possibly, assurance of market access through government & GLCs procurement and MNCs to encourage large companies to participate […]
Driving Business Transformation, Technology and Digitization Adoption, Productivity Enhancement and Innovation
i.Support for Research and Development (R&D) by removing the RM50,000 threshold and the time bar and extend the AUTOMATIC double tax deduction to all companies including mid-tier and larger companies given their potential to spur innovation and creativity. ii.Allocate RM100-200 million to set up a Future Manufacturing Fund to support R&D work and implementation of R&D by universities and key engineering […]
FMM: Improve Cash Flow for SMEs Businesses
i. Extend the moratorium on loans and financing until year-end or even to March 2021to relieve business cash flow. Although Bank Negara Malaysia has been very aggressive and proactive in reaching out to SMEs to approach their banker early to reschedule and/or restructure their loans / financing, an extended moratorium is still the preferred and more effective […]
ASEAN Integrated Food Security (AIFS) Framework and Strategic Plan of Action on Food Security (SPA-FS) 2021-2025
Food security is a flexible concept as reflected in various documents formulated by United Nations and ASEAN. The 1996 World Food Summit endorsed that “Food security is a situation that exists when all people, at all times, have physical, social and economic access to sufficient, safe and nutritious food that meets their dietary needs and […]
Opportunity in Nepal’s Food and Beverages (F&B) Industry
Opportunity in Nepal’s Food and Beverages (F&B) Industry Nepal is a landlocked country with nearly 30 million populations and is strategically bordered between two most populous countries in the world namely China and India. Based on the report produced by CEIC Data, the country has a gross domestic product (GDP) valued at USD 32.4 billion […]
12 Steps to Successful Exporting
1 EXPORT POTENTIALTo be successful you must first decide if the export business is for you. Ask if your company, the management as well as owners of the company are committed towards exporting and if your company’s products/services ary fe reador the export market.Watch Video 2 EXPORT READINESSReview your company’s current resources; do you have the […]
Enational Export Day (ENED) 2020
The session will highlight the importance of Malaysian SMEs to export and sustain their business in the international market. They will also share their experience and insights on the trade facilitation assistance that they have received from MATRADE and how they have benefitted from it, especially in securing projects abroad. Get ready for their sharing […]
What is Market Development Grant (MDG)?
Wednesday, 18 March 2020 What is MDG? The Market Development Grant (MDG) is a support initiative in the form of a reimbursable grant. MDG was introduced in 2002 with the objective of assisting exporters in their efforts to promote Malaysian made products or services globally. The lifetime limit of MDG is RM300,000 and it is specifically formulated […]