With mall landlords and tenants in limbo, is it time for a Malaysian Covid-19 Act?

 KUALA LUMPUR (April 18): Non-essential retailers have been instructed to remain shut during the Movement Control Order (MCO) for a total of six weeks from March 18 to April 28.

Some landlords have been gracious enough to provide rent waiver or a discount to their tenants, while others are not.

Continue reading “With mall landlords and tenants in limbo, is it time for a Malaysian Covid-19 Act?”

Malaysia’s development financial institutions offer more than RM900m in financing aid to virus-hit SMEs

 

KUALA LUMPUR (April 13): Several members of The Association of Development Finance Institutions Malaysia (ADFIM) has allocated more than RM900 million as financing aid for communities and small- and medium-sized businesses that had been affected by or been forced to halt operations since March due to the Covid-19 outbreak.

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Businesses still need govt approval to operate during MCO, notes Ismail Sabri

PETALING JAYA: Just because a sector is included in the additional list of businesses allowed to operate during the movement control order (MCO) period, it does not mean they can automatically reopen, says Datuk Seri Ismail Sabri Yaakob.

These businesses, including barbershops and hair salons, must still obtain permission from the government, said the Senior Minister.

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COACH AND GROW PROGRAMME GRADUATES GENERATE OVER US$489MIL TOTAL REVENUE

MALAYSIAN technology-based companies are growing from strength-to-strength with the help of experienced mentors and coaches from the Coach and Grow Programme (CGP).

The CGP is a public-private partnership between Cradle Fund Sdn Bhd (Cradle) and industry partner, Proficeo, and is designed to bring together key players in the entrepreneurial ecosystem to support and fortify technology entrepreneurs scale their businesses to greater heights.

Coach and Grow Programme graduates generate over US$489mil total revenue

The programme, which started in 2011, has helped 469 companies and 1,657 entrepreneurs to date. 103 companies completed the fourth Season of the programme which was concluded in October 2018. Sixty-four percent of the companies participating in Season 4 are from the growth and global stages of growth while the remaining 36% were early-stage companies.

Since its conception, a number of startups (366 to be exact) have gone on to pursue greater ambitions. Some of their more notable alumni include EasyParcel, iPay88, Flexiroam, Touristly, Kakitangan, and Tableapp.

The main takeaway CGP gives to their participants is their coaching content that is developed by entrepreneurs for entrepreneurs.

The programme is know to ditch pure theory in favour of practical and applicable execution strategies.

Quote from Jef Ong.

CGP has practiced customising coaching sessions to meet the needs of each individual company. Depending on which stage of growth they’re in, the coaches will focus on different areas to boost their business.

All the coaches handling the programme are entrepreneurs or industry experts who have walked the path before.