Going big: The launch of the JDmas Malaysia flagship store will see some 100 brands on the platform.
KUALA LUMPUR: Malaysian brands and goods have further expanded their presence on the JD Worldwide platform under JD.com, China’s largest e-commerce retailer.
The launch of the JDmas Malaysia flagship store will see some 100 brands featuring close to 300 products such as food and beverages, cosmetics, fashion and accessories, toys and halal baby diapers among others.
Consumers in China can now buy durian products, birds’ nests, coffee, curries and paste, creams and other products with just a few clicks using JD’s e-commerce platform.
KUALA LUMPUR (Dec 15): Bank Negara Malaysia (BNM) is establishing a RM1 billion High Tech Facility-National Investment Aspirations (HTF-HIA), as announced under Budget 2021, to provide additional assistance for high-tech and innovation-driven SMEs affected by the Covid-19 pandemic.
Eligible SMEs include those in advanced manufacturing and services sectors that are aligned to deliver national strategic long-term development goals as outlined in the NIAs including those in the electric and electronic (E&E), aerospace, pharmaceuticals and ICT sectors, as well as research and development (R&D)-driven firms supporting the development of emerging technologies.
Also eligible for the facility are SME project participants in key government programmes involved in research, development and innovation for critical technologies identified under national blueprints.
Go beyond: SMEs need to be more innovative in their products, services and processes to ensure they maintain an edge.
AS positive news of vaccine developments become more frequent, businesses are looking forward to borders reopening and the economy slowly coming back to full steam. Many are hopeful that 2021 will indeed be a better year.
But companies shouldn’t be complacent about riding on the recovery wave.
For one, consumer behaviour has changed. In addition, supply chains would have been adjusted, competitors may have gained an edge, customer requirements could have changed and organisations’ needs and wants would have been different.