How does one measure the state of the economy in a country? There are many aspects to look out for, but one that must always be calculated is the gross domestic product (GDP). When GDP grows, the nation’s economy is expected to grow positively. In 2022, Malaysia’s economy recovered and …
Retirement Planning with Budget 2023 Incentives
Retirement planning means making preparations for your future life so that you can continue to live your dreams independently. When you make one, don’t forget to set your retirement goals so that you can estimate how much money you will need. As Malaysians, we can look to Budget 2023 to …
How to Start Investing in a Volatile Market
Most investors know that the market experiences upswings and downturns with risks at various times. Yet, it is best not to follow your emotions and sell when you see a problem on the horizon. Making incorrect choices might reverse all of your progress. Volatility is a normal part of long-term …
Cybersecurity Measures for Small Businesses
How do cybersecurity measures apply to small businesses? Digital technology is increasingly becoming a mainstay for small businesses. A report from the University Consortium of Malaysia states that digital technology has proven to increase the productivity of small businesses. Small businesses that use social media experience an increase in productivity …
What is a Recession? How SMEs are Impacted by Them
What is a recession? A recession is a severe decline in economic activity that usually lasts for months or even years. The economy will struggle, companies will make fewer sales, people will lose their jobs, and the country’s economic output will decline. These are all the impacts of the recession …
#MakingHERStory with Tingting Fan
Kickstarting the new year, we are back with our #MakingHERStory series.! Here at Funding Societies, women empowerment is at the forefront of our company’s growth. We want to celebrate all the great people that make up our FSMK community, including deserving superwomen of the Company.. So in this first issue …
Preparing Your Business for Chinese New Year 2023
Chinese New Year 2023, one of our multicultural nation’s major holiday celebrations, welcomes the lunar calendar’s new year. It is a highly-anticipated day for around 22.8% of the ethnic Chinese that makes up the overall Malaysian population, based on Statista’s survey as of July 2022. Furthermore, Marketing Interactive and Think …
What should you do with your red packet money this Chinese New Year 2023?
You already know what it means when Chinese New Year approaches. Dinners with your family and loved ones, sounds of fireworks and firecrackers, lion dances, Chinese New Year decorations, and Ang Pow! Ang Pow, also known as 紅包, hóngbāo is a red packet given during the celebration of Chinese New …
5 Marketing Strategies for Chinese New Year 2023
The Chinese New Year holiday is quickly approaching, and businesses everywhere are tapping into consumer mindsets. While the Department of Statistics Malaysia has recorded a 4% inflation rate as of November 2022, Economy Minister Rafizi Ramli stated that Malaysian consumers’ purchasing power remained strong despite price increases. It’s no surprise …
How to Boost Your Business Cash Flow During the Chinese New Year Season
Chinese New Year is right around the corner. Also known as the Lunar New Year, this season is often celebrated with family gatherings and dinners. Recent statistics from Statista indicate that the Lunar New Year remains one of the most awaited sales periods for online shoppers in Malaysia, particularly those …