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Put design in its rightful place

AMONG the major mistakes made by local small and medium enterprises (SMEs) today is the tendency to overlook the inherent importance of a product's design.


Roadshow on debt overhaul for SMIs

SMALL-and medium-sized industries (SMIs) experiencing financial difficulties in repaying their bank loans would be able to hear first hand from Bank Negara on how they can restructure their loans at the forthcoming SMI Financial Solutions Roadshow 2004.


Banks catching up to meet Basel II

MALAYSIA'S 10 anchor banks 'are catching up' despite being two to three years behind Singapore banks and nearly five years behind their European counterparts in their preparations for Basel II, a banking risk management expert said.


China regulator okays new Shenzhen board for SMEs

The China Securities Regulatory Commission has given approval to the Shenzhen Stock Exchange to set up the long-awaited special board for small- and medium-sized enterprises (SMEs), providing them with a platform to raise much needed capital to finance their businesses.


Malaysia’s online market expected to reach RM9.4bil by end-2005

MALAYSIA'S online market is expected to reach RM9.4bil by the end of 2005, said Deputy Entrepreneur Development Cooperatives Minister Datuk Kamsiyah Yeop.


KarenSoft expanding market to Thailand and Indonesia

KarenSoft Technology Bhd, a home-grown enterprise resource planning (ERP) solutions provider, is set to market its products in Thailand, and then Indonesia, as part of its expansion plan over the next few years.


Step up private investment in Budget 2005, says Asli

BUDGET 2005 needs to be more aggressive in promoting private investment to enable Malaysia achieve the forecast 6% gross domestic product (GDP) growth, according to he Asian Strategy Leadership Institute (Asli).


Global Soft achieves 32% rise in first quarter net profit

MESDAQ-LISTED Global Soft (MSC) Bhd has reported a 32% increase in net profit to RM1mil on revenue of RM1.83mil for its first quarter ended March 31.


Tie-up to boost UOB business insurance

UNITED Overseas Bank (M) Bhd's (UOB) interest-free loan for business insurance premiums, BizInsure, in collaboration with Uni.Asia General Insurance Bhd is expected to double the bank's bancassurance business insurance premium contribution to RM20mil for the financial year (FY) ending March 31, 2005, said Uni.Asia General Insurance chief executive officer Hashim Harun.


PUNB: RM487mil loans given to SMEs

PERBADANAN Usahawan Nasional Bhd (PUNB) has provided loans worth RM487mil to 120 small- and medium-scale enterprises, and RM131mil to retail ventures, since its inception 12 years ago, PUNB chairman Tan Sri Abu Bakar Mohd Noor said.