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Powering up with the sun

FOR a company established only in 2013, Samaiden Sdn Bhd (pronounced as “sam-aiden”) is no stranger to players in the renewable energy (RE) industry due to its pivotal role.

Instacart continues funding spree, sees room for growth

WHEN Amazon.com Inc bought Whole Foods for US$13.7bil last year, anyone watching grocery-delivery upstart Instacart Inc was just about ready to stick a fork in it. But the San Francisco-based startup maintained a more optimistic outlook. It said competition from Jeff Bezos’s e-commerce behemoth would actually help it grow.

Chinese small firms get more loans on paper but not in reality

BEIJING is keen to show results after four rounds of policy easing, so China’s big banks are playing along, highlighting their efforts to boost lending to cash-starved small firms, offering collateral waivers and setting loan targets.

Money boost: A file photo of people walking past a branch of Agricultural Bank of China in Shanghai. Authorities are trying to up lending to SMEs. — Reuters

Pedal power growing in China

JEFFREY Hu, an intern at a biotech company in Hangzhou, East China’s Zhejiang province, has noticed the large number of people in his neighbourhood who use bike-sharing services.

Two-wheeler fight: Bike-sharing companies have brought bicycles back to the streets of China but face intense market competition. — China Daily

Korea strongest in entrepreneurship environment

SOUTH Korea tops the region in terms of entrepreneurship environment with a score of 54%, according to the recently released Global Entrepreneurship Index.

Partnerships help robots advance

IN A sprawling warehouse in Tokyo, several robots made by Chinese company HIT Robot Group are busy picking and stacking goods on the shelves.

Bots rolled out: Guard robots were among those on display at the World Robot Conference last August. — Bloomberg

Tracking delivery trucks

OPERATING a small-and-medium enterprise (SME) from ground up is no easy feat, and Logistics Worldwide Express (M) Sdn Bhd chief operating officer Ng Shern Yau can attest to that.

Keeping track: iFleet is an intelligent GPS tracking and fleet management service for customers across all industries.

Ricoh grows on better IT adoption

ENCOURAGING information technology (IT) adoption among small businesses will help Ricoh (Malaysia) Sdn Bhd in its aim to achieve a double-digit growth in revenue for its IT services. Growth last year was at 5%.

Working digital: Lee (left) and Yasmin note the importance of digitisation in the era of IR4.0.

Ongoing support for SMEs crucial

GROWTH is seen to be slowing. Earlier, Bank Negara lowered Malaysia’s economic growth forecast for 2018 to 5% from its earlier estimate of 5.5% to 6%. Be­tween 2018 and 2020, economists are expecting gross domestic product (GDP) growth to be in the range of 4.5% to 5.5%, against the ear­lier fore­cast of 5% to 6%.

Local support: Soh says enforcing ‘Buy Malaysia-made’ in government procurement activities will reinforce support and confidence in locally manufactured products.

Create omni-channel experience for retail growth

CONSUMERS are spending more money shopping online and businesses should use technology to transform the retail experience into one that is more expansive and relevant for their customers.

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