Cash is king, cash flow is emperor

Businesses, especially SMEs, have grown highly competitive in the past 10 years. Local competition is not new, but international and online competition have kept small businesses on their toes. And along with the general cost of living, cost of doing business has gone up as well. In such a scenario, …

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2017 Onwards: FinTech as the Future of Inclusion

2016 was a year of surprises, a year mostly remembered for two political upsets: the Brexit vote and the election of Donald Trump as President of the United States. Observers noted that 2016 was characterized by rising anti-globalization. Yet despite the retaliation towards globalization, the genie can’t be wished back …

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Budgeting: Balance Your Spending

“My money keeps spilling out like water.” Many of us have experienced the frustration of having too many expenses to track. We have to pay for housing, utilities, taxes, transportation, food, the list goes on. Sometimes we can’t catch a break despite bringing in a reasonably good income. It’s normal …

Social Media 101 for Small Businesses

Social media is a major game changer in today’s marketing world. Even if your business is small, it pays to utilize social media marketing. Start small. In fact, it’s best to manage one or two company accounts rather than force your resources to manage accounts on all the hyped social …

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How to Identify Money Games from Credible Investment Platforms

Money game operators are having a big moment in the local media these days, though most of us would rather they disappear. Notable schemes such as MBI Group and JJ Poor to Rich (JJPTR) dominated recent news. The Ministry of Domestic Trade, Co-operatives, and Consumerism recently froze RM 177 million …

Funding Societies Malaysia’s Third Investor Seminar

On 22 April 2017, approximately 70 participants took part in Funding Societies Malaysia’s third seminar. This time, we brought together investors and local SMEs. At the seminar, Funding Societies Malaysia’s CEO, Wong Kah Meng, had the opportunity to address questions from both investors and SMEs on the type of financing …