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News in brief

The Malaysia Digital Economy Corporation (MDEC) has targeted to draw about 2,000 eUsahawan participants to join the just-launched eU@Marketplace programme by 2017.


Malaysia’s digital economy is expected to contribute more than 20% to the country’s Gross Domestic Product (GDP) by 2020, exceeding the earlier target of 18.2%, set under the 11th Malaysia Plan.

A welcome boost for startups

STARTUPS have been in the limelight for a while now, and it’s timely that the community was highlighted in Budget 2017.


The Small and Medium Enterprise (SME) Development Bill, expected to be tabled in Parliament in December, would help SMEs achieve their targets for exports and contribution to GDP by 2020.

SMEbiz news in brief

Alipay got its start in 2004 as a way for the customers of Alibaba Group Holding Ltd to more easily buy goods online. Now the business’s parent company may be worth US$75bil — more than Goldman Sachs Group Inc.

E-commerce industry players hold forum on consumer confidence

STAKEHOLDERS in e-commerce need to work closely with each other to explore issues, build discourse and find solutions to advance the industry, said Selangor Information Technology and E-Commerce Council (Sitec) chief executive Yong Kai Ping.

E-commerce: a new horizon

The future is digital, and if small businesses don’t want to get left behind, they must get on the digital bandwagon and look to e-commerce as an avenue for innovation and growth.

Online’s just fine

Local online food store, Foodmarket, notable for offering local delicacies, turned one this April. Founder-CEO Engku Isa Al-Husam says it’s been a challenging and rewarding 12 months so far. ZIEMAN reports.

Spurring on the startup industry

CROWD-FUNDING entity pitchIN is the latest of several companies to launch an equity crowd-funding (ECF) platform, giving emerging companies and startups more options to turn to when they want to take their businesses to the next level.

Go west, startups

MALAYSIAN companies can now leverage America’s Silicon Valley en route to going global, with a little helping hand from the Multimedia Development Corporation’s (MDeC) US office.