Business Insights and Facilitation of Small and Medium Enterprise

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SME

Work SMART To Shortcut Your Su...

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Work SMART To Shortcut Your Success Way In the age of Quad Core and Mach 3 travel, no one seems to have the patience for anything nowadays. A person in front of us in a queue is one too many. The same "Die Hard" is now so ingrained among entrepreneurs and businessmen, that we are constantly looking for shortcuts and other "easy way" to success. Some will argue that success in business is about finding the fastest way to your objectives. I would agree if in so doing, we do not neglect our integrity and ethics. However, many of us tend to forgo the very principles we are ...
Business

Future Storage Can Benefit SME...

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A 2009 prediction of IT trends in Malaysia reflected the same sentiĀ­ments that SMEs are looking to move towards an operational expenditure (OPEX) model and reduce their capital operations (CAPEX) model. This is against the backdrop of prediction that IT spend in Malaysia is expected to increase by 1% despite the current economic downturn. This prediction is a result of an expected demand by businesses to use IT innovation to improve the business by outsourcing several operations to achieve reduce operating cost. SMB worldwide spend on remote managed services grew about 9.2 percent in 2009 to reach about US$3.6 Billion and ...
Business

What Kind Of Assistance That M...

What Kind Of Assistance That Malaysia Government Can Offer To Their SMEs Company? The Malaysian High Commission will provide every kind of assistance possible such as advising on business procedures and guidelines, exploring opportunities and even business matching. We have assisted in the setting up of a few successful business matching. The High Commission will assist in introducing and recommending Malaysian companies to Brunei companies. As we have quite a number of Malaysians in Brunei in various industries, we would like SMEs from Malaysia to partner as well with them to offer their products and services. These Malaysian companies which are based here in Brunei can be their appointed distributors and agents, for example. Don't ...
Business

Small Population Country Able ...

Small Population Country Able To Trade A Huge Amount One of the main reason is, as the country population is small, instead of producing, the country prefer to import especially in consumers products, such as F&B, retail, etc. Brunei, the country's manufacturing industry is not much developed yet. The export value from Malaysia alone for the year 2008 is valued at RM1.4 billion. Bilateral trade between Malaysia and Brunei for 2008 recorded an increase of 7.3 per cent. There are various industries that SMEs and companies can tap into. For example, the Brunei youth development. The government have set-up a dedicated Youth Development Grant. This grant is meant for any ...
Business

Is Brunei A Right Country To I...

Brunei main industry is its oil & gas sector which contributed almost 90% of the country's revenue. Brunei is a government sector [caption id="attachment_90" align="alignright" width="240" caption="Sultan of Brunei"][/caption] driven economy, instead of private sector economy. Currently the Brunei Government is promoting to diversify the country's economy, an effort to not depend solely on the oil & gas industry. I believe this is a good opportunities for our SMEs and companies to penetrate the Brunei market. The Brunei government has their own They also have a Vision 2035 blueprint, and between the year of 2007 - 2012, the National Development Plan. Brunei ...
Business