EDITION
  • English
  • 中文
  • Bahasa
  • eCommerce
Sunday, March 26, 2023
uLearnMoney Subscription Events
No Result
View All Result
Money Compass

EDITIONS:

Media and partner organizations:

cmc bmc ulearnmoney mylife mcm asncommerce mcm
  • HOME
  • NEWS
    • Global Market News
    • Local Market News
    • Corporate News
    • PLC News
  • SPECIAL FEATURE
  • COMPASS
    • Financial
    • Investment
    • Start Up
    • Capital
    • Infographics & Quotes
  • MONEY TUBE
  • LIFESTYLE
  • PR NEWSWIRE
Subscription Newsletter
Money Compass
  • HOME
  • NEWS
    • Global Market News
    • Local Market News
    • Corporate News
    • PLC News
  • SPECIAL FEATURE
  • COMPASS
    • Financial
    • Investment
    • Start Up
    • Capital
    • Infographics & Quotes
  • MONEY TUBE
  • LIFESTYLE
  • PR NEWSWIRE
No Result
View All Result
中文 Bahasa eCommerce
Money Compass

PEMERKASA to help SMEs switch to digital economy, says Azmin

by moneycompass
March 23, 2021
in Local Market News
COVID, experience, digitalisation, Made in Malaysia, cash flow, commerce, business, Huawei, SMEs, Funding, financing, MEDAC, islamic, SME Corp, Industry4WRD, National Mark, SAMENTA
Share on FacebookShare on WhatsApp

KUALA LUMPUR – The Strategic Programme for Empowering the People and the Economy (PEMERKASA) initiative announced by the government, among others, will help small and medium enterprises (SMEs) switch to the latest technologies such as automation, robotics and the use of the digital economy, reported Bernama.

Senior Minister Datuk Seri Mohamed Azmin Ali, who is also the minister of international trade and industry, said that during the Covid-19 pandemic period, the use of the digital economy had moved faster and saw an increase in e-commerce.

“We see the increase in e-commerce multiplied, allowing SMEs to penetrate new markets outside Malaysia.”

“The Malaysian market is too small; we only have 32 million people. But if we can use digital technology, we can penetrate the ASEAN market where the population reaches 650 million people,” he told reporters after the Covid-19 special contribution handover ceremony for schools in the Gombak parliamentary constituency, donated by Texas Instruments Malaysia Sdn Bhd here on March 20.

On Wednesday, Prime Minister Tan Sri Muhyiddin Yassin launched PEMERKASA worth RM20 billion as well as a new fiscal injection of RM11 billion as part of efforts to continue to support the country’s economic recovery process.

PEMERKASA has five key focuses on 20 strategic initiatives to boost economic growth, support business and continue targeted assistance to the people and sectors still affected by the Covid-19 pandemic.

Commenting further, Mohamed Azmin said the Regional Comprehensive Economic Partnership (RCEP) agreement signed earlier is also among the government’s initiatives to elevate local players to the international stage.

“The RCEP can penetrate 15 countries, covering a market of 2.2 billion people worldwide, these are all government initiatives to elevate local players to the international stage and compete to increase productivity and quality of their products.

“Insyaallah, with this effort, we will be able to see local players penetrate new markets at the international level, this is a new approach and, if it is not given attention, we are worried that we will be left behind,” he said.

 

Read more: ‘Jom Kerja’ programme to help affected B40 get jobs

Tags: Covid-19digitalecommerceEconomyPEMERKASASME
ShareSendShareSendTweetShare
Previous Post

ADA Vows for a Sustained, Diverse, and Inclusive Workplace

Next Post

More digital commerce enablers supporting local businesses through “Where You Shop Matters” initiative

Related Posts

Loh Guat Lan, President of LIAM
Local Market News

Life Insurers Offer Relief Measures to Assist Flood Victims

08 Mar 2023
Bursa Malaysia
Current News

Bursa Malaysia enhances Islamic securities

10 Feb 2023
Corporate News

JCorp Officially Launches JLand Group (JLG) to Capture Opportunities in New Economy Real Estate

18 Jan 2023

Discussion about this post

MOST POPULAR

  • online food delivery

    Online food delivery market to see robust growth over next 4 years

    0 shares
    Share 0 Tweet 0
  • Top 10 Financial Tips For Starting A Family

    0 shares
    Share 0 Tweet 0
  • Frost & Sullivan Reveals Top Internet of Things Platforms Poised for Growth

    0 shares
    Share 0 Tweet 0
  • 10 Ways to Curb Overspending

    1 shares
    Share 0 Tweet 0
  • Custommedia capitalises on IBM’s ELM platform to offer ‘best of breed’ application lifecycle management value proposition

    0 shares
    Share 0 Tweet 0

MEMBERSHIP SUBSCRIPTION

Subscribe Now

Sign Up for Our Free Newsletters

Stay up-to-date with the latest personal wealth-related articles, breaking financial market news, and more.

Follow us on Social Media

News
Special Feature
Compass
Money Tube
Smart Lifestyle
Corporate Profile
Advertise
Subscriptions
Career
Contact Us
eLearning
Events
Privacy Policy
Terms of Use
Strategic Partners

Copyright © . Money Compass. All Rights Reserved.

Design and Development by Ant Internet Sdn Bhd

No Result
View All Result
  • HOME
  • NEWS
    • Global Market News
    • Local Market News
    • Corporate News
    • PLC News
  • SPECIAL FEATURE
  • COMPASS
    • Financial
    • Investment
    • Start Up
    • Capital
    • Infographics & Quotes
  • MONEY TUBE
  • LIFESTYLE
  • PR NEWSWIRE

© 2020 Money Compass

Career

SUBSCRIBE FREE NEWSLETTER