Inclusivity & Digital Gap, Selangkah Team
The world literally shut down when Covid-19 came without warning.
All of our exciting plans – to go on vacation, to start a family, to kickstart projects – went down the drain as we were abruptly placed under lockdowns and movement restrictions.
Companies had no choice but to cease their operations, resulting in millions of people globally losing their jobs.
In Malaysia itself, a way for these individuals to financially survive was by tapping into the business industry. After all, opportunities are everywhere as long as you know where to look.
While this might bring hope to some, it was sadly a threat to small and medium-sized enterprises (SMEs) who are bearing the biggest brunt of the pandemic’s economic impact. Even before the pandemic hit, SMEs already had to compete against international conglomerates and franchises that were more widely accepted by the public.
SPPP gives free business registration to B40 single mothers, youths, students
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COPPER products maker Ta Win Holdings Bhd plans to acquire about 30% of Royce Pharma Manufacturing Sdn Bhd, according to sources.
“The deal could be announced as early as this week. The one-third stake in Royce Pharma is estimated to be worth around RM15 million to RM20 million,” a source familiar with the matter tells The Edge.
Incorporated in April 2004, Royce Pharma is a pharmaceutical manufacturing firm based in Nilai, Negeri Sembilan. According to the healthcare company’s website, it is fully equipped with state-of-the-art facilities for formulation in R&D, manufacturing of both pilot and commercial batches, warehousing and distribution as well as sales and marketing of pharmaceutical products.
Yun sometimes bundles her colourful kuih and other baked goodies onto a trusty bicycle to sell around Ampang.
Selangor government is looking to license online businesses in the state, with guidelines set to be introduced within the first half of next year.
Selangor local government, public transportation and new village development committee chairman Ng Sze Han said the move was necessary to regulate the growing number of online businesses as well as to offer some form of certification by the authorities for such enterprises.
“Home-based online businesses are increasing, particularly during the Covid-19 pandemic and it is a trend we cannot stop, ” he said.
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