Local content update

KUALA LUMPUR: Infocredit D&B (M) Sdn Bhd (ICD&B) will introduce more relevant local content on the Malaysia Business Toolkit website and is working on a Bahasa Malaysia version. 

Managing director Tan Sze Chong said that among the relevant topics for the small- and medium-scaled enterprise (SME) community was the comparison of grants and availability of loans for them. 

“We will continue to engage with the SME community and find out the relevant content they require,” he said after the launch of the Malaysia Business Toolkit by Deputy International Trade and Industry Minister Ng Lip Yong yesterday. 

The Malaysia Business Toolkit was localised from the SME Toolkit, designed by International Finance Corp (IFC), which is the private sector arm of the World Bank. 

Tan said the Malaysia Business Toolkit leveraged on the latest information and communications technologies to help SMEs in emerging markets learn and implement sustainable business management practices and increase their productivity, efficiency and capacity, as well as improve SMEs' access to capital and new markets. 

The toolkit is an extension tool of the SME Credit Bureau launched recently by ICD&B. The bureau is a central database of credit-related data on SMEs and the toolkit offers comprehensive business-centric information, solutions, resources and tools available on-site to enhance their businesses. 

IFC international development consultant Seth Fleisher said the core of the toolkit content was a set of globally relevant business management training that was not geographically specific. 

“For Malaysia, the second phase is the localisation process to supplement the global content with locally specific content and translating it if necessary. The localisation of content would take three to nine months,” he said, adding that new local content would be introduced from time to time. 

Seth Fleisher (left) and Tan Sze Chong (elaborating on a point).

Since the SME Toolkit was launched in 2002, it has been available in over 20 countries and translated into 12 languages, Fleisher said. On an annualised basis, the sites have collectively received over 2 million visits. 

“We hope to launch the SME Toolkit in three or four countries this year. So far, Singapore and Malaysia have adopted it and we are looking at the Czech Republic, Indonesia and China,” he said. 

Fleisher said SMEs globally faced a number of very similar challenges such as access to finance, shortage of time, employee management issues and business planning. 

“The toolkit offers resources, tools and training to help businesses formalise and grow in all the key areas of business management,” he said. 

The Malaysia Business Toolkit can be accessed via www.businesstoolkit.com.my. 

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