National Initiative Scours for Nation’s Top 25 E-commerce SMEs
Date: 23 July 2014
Source: Big News Network
National Initiative Scours for Nation’s Top 25 E-commerce SMEs in Malaysia
National Initiative Scours for Nation’s Top 25 E-commerce SMEs
Date: 23 July 2014
Source: Software Industry News.Net
National Initiative Scours for Nation’s Top 25 E-commerce Success Cases (23 July 2014)
National Initiative Scours for Nation’s Top 25 E-commerce Success Cases
Date: 23 July 2014
Source: Borneo Post (KK)
National Initiative Scours for Nation’s Top 25 E-commerce Success Cases in Malaysia
National Initiative Scours for Nation’s Top 25 E-commerce Success Cases
Date: 23 July 2014
Source: Daily Express (KK)
National Initiative Scours for Nation Top 25 e-Commerce Success Cases
Date: 21st July 2014
Source: Ministry of Domestic Trade, Co-Operatives and Consumerism
Hari Raya Aidilfitri Greetings from Exabytes
Hari Raya Aidilfitri is celebrated by Muslims around the globe to mark the end of Ramadan, the Islamic holy month of fasting.
Considered one of the most important celebrations for Muslims, in which empathy for the poor, love and forgiveness, charity, worship, patience and family values are expressed, friends and family from different cultural and religious backgrounds can be seen enjoying their time together at the much awaited open houses.
In conjunction with the festival, our office will be closed on July 28 & 29 and resumes operation on July 30.
However, please don’t forget that our professional technical team will still be working 24 ×7 to assist you in case of any technical issues.
Although it’s a public holiday, please do not hesitate to contact us via our ticketing system.
Happy Holidays Everybody!
Understanding Small and Medium Enterprises (SMEs) in Malaysia
What is an SME?
Small and Medium Enterprises (SMEs) play a vital role in driving the economy, fostering innovation, creating jobs, and strengthening local communities.
But what exactly qualifies a business as an SME?
Let’s break it down into simple terms and explore why these businesses matter so much.
Understanding SMEs: A Clear Definition
In Malaysia, SMEs are defined based on their size, annual revenue, and number of employees.
These benchmarks vary across industries, such as manufacturing, services, and others.
Manufacturing Sector:
- Small Enterprise: Annual sales turnover between RM300,000 and RM15 million, or employees between 5 and 75.
- Medium Enterprise: Annual sales turnover between RM15 million and RM50 million, or employees between 75 and 200.
Services and Other Sectors:
- Small Enterprise: Annual sales turnover between RM300,000 and RM3 million, or employees between 5 and 30.
- Medium Enterprise: Annual sales turnover between RM3 million and RM20 million, or employees between 30 and 75. For more precise details, SME Corp Malaysia’s official guidelines provide an in-depth explanation.
Why SMEs Are Essential
SMEs form the backbone of Malaysia’s economy, contributing nearly 40% of the GDP and creating over 7.3 million jobs nationwide.
Their agility and innovation empower them to adapt quickly to changes, meeting the diverse needs of communities and markets.
Key Characteristics of SMEs
- Local Focus: Many SMEs concentrate on regional or niche markets.
- Flexible Operations: They can pivot faster than larger corporations.
- Limited Resources: While resource-constrained, SMEs make the most of their capabilities to achieve growth.
How to Support Your SME
Starting or running an SME can be challenging, but having the right tools and strategies can set your business up for success.
Leveraging technology like affordable hosting solutions, effective marketing strategies, and staying compliant with industry policies is crucial.
Exabytes: Supporting SME Growth
Looking for reliable hosting solutions to grow your SME?
Exabytes AI Hosting Plans are tailored to meet the specific needs of small and medium businesses, ensuring seamless operations and scalability.
The search for top 25 eCommerce success stories: Easy.my
The search for top 25 eCommerce success stories: Digital Malaysia, Easy.my
Source: MIS Asia
Date: 17 July 2014
Easy.my & Digital Malaysia Scour For Nation’s Top 25 e-Commerce Success Cases
Easy.my and Digital Malaysia Scour For Nation’s Top 25 e-Commerce Success Cases
Source: IT Sideways
Date: 17 July 2014
Easy.my and Digital Malaysia Scour For Nation’s Top 25 e-Commerce Success Cases
Easy.my and Digital Malaysia Scour For Nation’s Top 25 e-Commerce Success Cases
Source: Enterprise IT News
Date: 17 July 2014
