Latest news with #SMECorp
The Sun
20 hours ago
- Business
- The Sun
PKNS entrepreneurs break into Japanese market through export acceleration programme
SHAH ALAM: Six entrepreneurs under the guidance of the Selangor State Development Corporation (PKNS) have made history as their products officially break into the Japanese market through its Export Acceleration Programme (EAP). In collaboration with SME Corporation Malaysia (SME Corp), the products will be showcased at Expo 2025 Osaka and sold in major Japanese retail chains such as Don Quijote, as well as through hotels, restaurants and catering channels. PKNS Group chief executive officer Datuk Mahmud Abbas said the achievement marks a collective milestone by the corporation, SME Corp and local entrepreneurs in advancing the export agenda of Bumiputera products to premium markets like Japan. 'Today's success is the culmination of an export journey that began in 2024, made possible through a strategic partnership between PKNS and SME Corp under the EAP framework. 'This programme is specifically designed to provide intensive support to 30 high-potential entrepreneurs identified through the Market Acceleration for Export & Retail Product initiative,' he said during the EAP 2025 entrepreneur product flag-off ceremony at Galeria SA Sentral today. Mahmud said the entrepreneurs received comprehensive guidance covering certification, product enhancement and tailored marketing strategies to enter the Japanese market, known for its stringent standards and discerning consumers. Out of 30 shortlisted companies, six successfully passed a series of evaluations and met all requirements, earning them access to retail chains, specialty stores and other commercial platforms across Japan. 'The selection of these six EAP entrepreneurs is not a reflection of lower quality among the other participants. Instead, some products require further refinement to meet compliance standards or better align with market demands,' he said. Mahmud added that all six entrepreneurs are currently in Japan for Expo 2025 Osaka, which runs from May 14 to October 13. Earlier, Mahmud officiated the symbolic flag-off ceremony for the EAP 2025 product export, which was also attended by SME Corp chief executive officer Rizal Nainy. The selected companies are Nims Adeliciousz Sdn Bhd, Nourish Nova Sdn Bhd, TFN Brownies Sdn Bhd, The Skinny Bakers Sdn Bhd, MFaez Food Sdn Bhd and Aducktive Sdn Bhd.
The Sun
20 hours ago
- Business
- The Sun
PKNS entrepreneurs break into Japanese market
SHAH ALAM: Six entrepreneurs under the guidance of the Selangor State Development Corporation (PKNS) have made history as their products officially break into the Japanese market through its Export Acceleration Programme (EAP). In collaboration with SME Corporation Malaysia (SME Corp), the products will be showcased at Expo 2025 Osaka and sold in major Japanese retail chains such as Don Quijote, as well as through hotels, restaurants and catering channels. PKNS Group chief executive officer Datuk Mahmud Abbas said the achievement marks a collective milestone by the corporation, SME Corp and local entrepreneurs in advancing the export agenda of Bumiputera products to premium markets like Japan. 'Today's success is the culmination of an export journey that began in 2024, made possible through a strategic partnership between PKNS and SME Corp under the EAP framework. 'This programme is specifically designed to provide intensive support to 30 high-potential entrepreneurs identified through the Market Acceleration for Export & Retail Product initiative,' he said during the EAP 2025 entrepreneur product flag-off ceremony at Galeria SA Sentral today. Mahmud said the entrepreneurs received comprehensive guidance covering certification, product enhancement and tailored marketing strategies to enter the Japanese market, known for its stringent standards and discerning consumers. Out of 30 shortlisted companies, six successfully passed a series of evaluations and met all requirements, earning them access to retail chains, specialty stores and other commercial platforms across Japan. 'The selection of these six EAP entrepreneurs is not a reflection of lower quality among the other participants. Instead, some products require further refinement to meet compliance standards or better align with market demands,' he said. Mahmud added that all six entrepreneurs are currently in Japan for Expo 2025 Osaka, which runs from May 14 to October 13. Earlier, Mahmud officiated the symbolic flag-off ceremony for the EAP 2025 product export, which was also attended by SME Corp chief executive officer Rizal Nainy. The selected companies are Nims Adeliciousz Sdn Bhd, Nourish Nova Sdn Bhd, TFN Brownies Sdn Bhd, The Skinny Bakers Sdn Bhd, MFaez Food Sdn Bhd and Aducktive Sdn Bhd.
The Sun
21-05-2025
- Business
- The Sun
879 youths in Sarawak benefit from TUBE entrepreneurial initiative
KUCHING: A total of 879 youths in Sarawak have benefited from the Tunas Usahawan Belia Bumiputera (TUBE) initiative, implemented by the Ministry of Entrepreneur Development and Cooperatives, through SME Corporation Malaysia (SME Corp). Sarawak Deputy Premier Datuk Amar Awang Tengah Ali Hasan said that TUBE had created over 1,691 job opportunities and generated cumulative sales exceeding RM13.65 million. 'In addition to the TUBE, SME Corp also provides a range of financial and non-financial support for micro, small and medium enterprises (MSMEs), including initiatives targeted at youth entrepreneurs, to help them start and grow their businesses. 'These include the Tunas-i; the Bumiputera MSMEs Financing Initiative (BMFI) @ BEEP; and the Bumiputera Export Incentives (GEB),' he said during the launch of TUBE 11, here, today. He added that, to date, a total of 5,055 MSMEs in Sarawak have benefited from these initiatives, with a total assistance value of RM20 million. He expressed hope that SME Corp would remain committed to driving entrepreneurial initiatives in Sarawak, particularly in areas such as the commercialisation of SCORE 2.0, improving market access, and facilitating international business matching through the Sarawak Connect platform. Meanwhile, SME Corp, in a statement, said that a total of 61 Bumiputera youths from Sarawak are participating in TUBE 11, which runs from today until May 28. In addition to offering business start-up grants of up to RM15,000, TUBE is designed to cultivate entrepreneurial spirit and instill resilience, discipline, and leadership among young business owners. Its latest edition features enhanced content, focused on artificial intelligence (AI), digitalisation and the integration of environmental, social and governance (ESG) principles. Since its inception in 2014, TUBE has disbursed RM125.84 million in business grants, and trained 8,653 youths nationwide, including RM12.65 million in grants which have benefitted Sarawakian youths.
The Sun
21-05-2025
- Business
- The Sun
879 youths in Sarawak benefit from TUBE initiative
KUCHING: A total of 879 youths in Sarawak have benefited from the Tunas Usahawan Belia Bumiputera (TUBE) initiative, implemented by the Ministry of Entrepreneur Development and Cooperatives, through SME Corporation Malaysia (SME Corp). Sarawak Deputy Premier Datuk Amar Awang Tengah Ali Hasan said that TUBE had created over 1,691 job opportunities and generated cumulative sales exceeding RM13.65 million. 'In addition to the TUBE, SME Corp also provides a range of financial and non-financial support for micro, small and medium enterprises (MSMEs), including initiatives targeted at youth entrepreneurs, to help them start and grow their businesses. 'These include the Tunas-i; the Bumiputera MSMEs Financing Initiative (BMFI) @ BEEP; and the Bumiputera Export Incentives (GEB),' he said during the launch of TUBE 11, here, today. He added that, to date, a total of 5,055 MSMEs in Sarawak have benefited from these initiatives, with a total assistance value of RM20 million. He expressed hope that SME Corp would remain committed to driving entrepreneurial initiatives in Sarawak, particularly in areas such as the commercialisation of SCORE 2.0, improving market access, and facilitating international business matching through the Sarawak Connect platform. Meanwhile, SME Corp, in a statement, said that a total of 61 Bumiputera youths from Sarawak are participating in TUBE 11, which runs from today until May 28. In addition to offering business start-up grants of up to RM15,000, TUBE is designed to cultivate entrepreneurial spirit and instill resilience, discipline, and leadership among young business owners. Its latest edition features enhanced content, focused on artificial intelligence (AI), digitalisation and the integration of environmental, social and governance (ESG) principles. Since its inception in 2014, TUBE has disbursed RM125.84 million in business grants, and trained 8,653 youths nationwide, including RM12.65 million in grants which have benefitted Sarawakian youths.
Barnama
21-05-2025
- Business
- Barnama
879 Youths In Sarawak Benefit From TUBE Entrepreneurial Initiative
KUCHING, May 21 (Bernama) -- A total of 879 youths in Sarawak have benefited from the Tunas Usahawan Belia Bumiputera (TUBE) initiative, implemented by the Ministry of Entrepreneur Development and Cooperatives, through SME Corporation Malaysia (SME Corp). Sarawak Deputy Premier Datuk Amar Awang Tengah Ali Hasan said that TUBE had created over 1,691 job opportunities and generated cumulative sales exceeding RM13.65 million. 'In addition to the TUBE, SME Corp also provides a range of financial and non-financial support for micro, small and medium enterprises (MSMEs), including initiatives targeted at youth entrepreneurs, to help them start and grow their businesses. 'These include the Tunas-i; the Bumiputera MSMEs Financing Initiative (BMFI) @ BEEP; and the Bumiputera Export Incentives (GEB),' he said during the launch of TUBE 11, here, today. He added that, to date, a total of 5,055 MSMEs in Sarawak have benefited from these initiatives, with a total assistance value of RM20 million. He expressed hope that SME Corp would remain committed to driving entrepreneurial initiatives in Sarawak, particularly in areas such as the commercialisation of SCORE 2.0, improving market access, and facilitating international business matching through the Sarawak Connect platform. Meanwhile, SME Corp, in a statement, said that a total of 61 Bumiputera youths from Sarawak are participating in TUBE 11, which runs from today until May 28. In addition to offering business start-up grants of up to RM15,000, TUBE is designed to cultivate entrepreneurial spirit and instill resilience, discipline, and leadership among young business owners. Its latest edition features enhanced content, focused on artificial intelligence (AI), digitalisation and the integration of environmental, social and governance (ESG) principles.
