New Sabah MSME hub opens as one-stop centre for entrepreneurs
Published on: Sat, May 03, 2025
By: Sisca Humphrey Text Size: PENAMPANG: The official opening of SME Corp Malaysia's new office and the Sabah Micro, Small and Medium Enterprises (MSME) Hub on Saturday, marks another milestone in the Federal Government's commitment to empowering local entrepreneurs, particularly in the State. Minister of Entrepreneur and Cooperatives Development Datuk Ewon Benedick said the opening of the Sabah MSME Hub in Penampang was a historic moment and an initiative inspired by his own vision to provide facilities for the business community and aspiring entrepreneurs in the State. 'This hub will serve as a one-stop centre for MSMEs to receive business advisory services and information on government entrepreneurship programmes,' he said. He also emphasised that in 2024, a total of 10,035 MSMEs had visited SME Corp. Malaysia's physical hubs, with 2,607 visits recorded in the first quarter of 2025 alone. Ewon also announced the continuation of the BEEP Plus Programme this year, following its encouraging reception among MSMEs in Sabah and Sarawak. 'I'm very pleased with the results of this programme, which was created especially for micro-enterprises in East Malaysia. It aligns with the 'Look East Within the Country' policy that I introduced,' he said. He later presented RM841,099.97 in grants to 15 qualified Sabah-based MSMEs under the programme. * Read full report in tomorrow's print paper or log in or sign up for e-paper and premium online news access. * Follow us on Instagram and join our Telegram and/or WhatsApp channel(s) for the latest news you don't want to miss.
Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Star
23 minutes ago
- The Star
NationGate's core business viewed as ‘sound'
The news triggered heavy trading of NationGate shares. PETALING JAYA: Nationgate Holdings Bhd 's subsidiary has been raided by the Malaysian Anti-Corruption Commission (MACC) over alleged scrap metal smuggling. NationGate, in a filing with Bursa Malaysia yesterday, stated the anti corruption watchdog raided the premises of its wholly-owned subsidiary, NationGate Solution (M) Sdn Bhd on Monday, as part of an ongoing investigation into alleged scrap metal smuggling. In its latest annual report, the group noted NationGate Solution is involved in the assembly and testing of electronic components and products. The news triggered heavy trading of NationGate shares yesterday with Rakuten Trade head of equity sales Vincent Lau saying the selling was likely driven by a 'sell first, ask later' reaction among investors. He opined that NationGate's share price should stabilise at current levels. 'The group's data centre prospects remain intact for now, with reputational risks stemming from the MACC raid rather contained,' Lau said, adding NationGate's core business 'remains sound' and the company's partnership with Nvidia Corp is unlikely to be affected by the raid news. NationGate closed the trading day at RM1.49, down 12 sen, with 160.5 million shares traded. Intraday short selling of NationGate shares was suspended by the local bourse after a 15% plunge following the company's announcement of the event to Bursa Malaysia. The suspension will be lifted today. The Penang-based tech company's shares had tested a high of RM1.70 and low of RM1.35 in intraday trade. NationGate is one of only four elite Asian original equipment manufacturer partners of Nvidia. It serves as Nvidia's only contract manufacturer in South-East Asia, specialising in building artificial intelligence (AI) servers equipped with the US tech goliath's high-performance graphics processing units, which are mainly deployed in AI-based data centres. 'I believe Nvidia would have done its due diligence and recognised NationGate's capabilities, which is why NationGate was appointed in the first place. I do not think this issue would cause Nvidia to switch to another partner,' Lau said. NationGate stated it views the allegations with 'utmost seriousness' and has taken 'proactive steps' to ensure full cooperation with the MACC and to 'safeguard the integrity of the investigation'. 'Our company remains steadfast in its commitment to the highest standards of corporate governance, accountability and transparency,' it said in the filing. NationGate also assures stakeholders that the board will use its 'reasonable endeavours' to ensure business operations remain unaffected, and 'appropriate interim measures' have been put in place. 'This (scrap metal) is just a small part of its business, and even if it's stripped out, it would not affect NationGate's earnings in a meaningful way,' Lau said.
Malaysian Reserve
27 minutes ago
- Malaysian Reserve
Investor Alert: Fraudulent Group Impersonating IG Wealth Management
Be an informed investor – Protect yourself against fraudulent schemes TORONTO, July 15, 2025 /CNW/ – The Canadian Investment Regulatory Organization (CIRO) is warning investors about a scam trading group that is impersonating CIRO-regulated firm IG Wealth Management and its employees and promoting fraudulent digital trading services through social media apps such as WhatsApp, Telegram, Facebook and LinkedIn. Scammers have been operating several fake Facebook pages under various names including 'IG Management: Path to FIRE' and 'Achieve FIRE with Larren Lawson,' that impersonate brand pages of IG Wealth Management and misuse the company's logo, name, marketing materials and employee identities. They are also running fake Facebook profiles under the names 'Phillip Ray Petursson' and 'Keric Nadia Kathleen' that impersonate IG Wealth Management's Chief Investment Strategist, Philip Petursson, and Nadia Keric, a real financial planner who does not work for IG Wealth Management. Other fake Facebook and LinkedIn accounts associated with this scam use the names Kent Ver (Markus), Victoria Arber and Sean Larren, and fraudulently list IG Wealth Management as their employer. Investors should beware of any communications from the fake accounts listed above on social media or messaging apps. The only authorized social media accounts for IG Wealth Management are linked on the company's website. To Protect Yourself Against Fraud: Verify the authenticity of any communication by contacting firms directly using their official website and contact details. Report suspicious activities where entities either claim to be regulated by CIRO or work for CIRO to CIRO immediately. Avoid sharing personal or financial information without confirming the legitimacy of the request. CIRO is committed to protecting investors and providing resources to address fraudulent activities. For more information on identifying and reporting scams, visit the CIRO website. Please note that investors can confirm with CIRO's Complaints & Inquiries team to verify the legitimacy of anyone claiming to represent CIRO. All individuals registered to offer financial advice in Canada are listed on the National Registration Search of the Canadian Securities Administrators (CSA). CIRO's Office of the Investor provides resources to help Canadians avoid investment fraud and protect their financial well-being. See Avoiding Fraud and Protecting Your Investments on CIRO's website for additional information. If you believe you have been a victim of this or a similar scam, immediately contact your bank, local police, your provincial securities commission, and the Canadian Anti-Fraud Centre. If there are claims of CIRO regulation or the fraudster claims to work for CIRO, please also report it to CIRO. About CIRO The Canadian Investment Regulatory Organization (CIRO) is the national self-regulatory organization that oversees all investment dealers, mutual fund dealers and trading activity on Canada's debt and equity marketplaces. CIRO is committed to the protection of investors, providing efficient and consistent regulation, and building Canadians' trust in financial regulation and the people managing their investments. For more information, visit
Malaysian Reserve
3 hours ago
- Malaysian Reserve
BUFF CITY SOAP EXPANDS INTO THE KITCHEN WITH NEW DISH SOAP & MULTI-SURFACE CLEANER
Launching July 16th, 2025 ADDISON, Texas, July 15th, 2025 /PRNewswire/ — Buff City Soap is continuing its home takeover with the launch of two powerful new plant-based products: Dish Soap and Multi-Surface Cleaner. Known for clean, effective, and delightfully scented personal care products, Buff is now bringing the same plant-based cleaning power to one of the hardest-working rooms in the home — the kitchen. DITCH THE DIRTY Buff's new home care lineup is formulated to power through grease and residue with a satisfying clean you can feel good about. Made without sulfates, parabens, or dyes, both products are tough on mess and kind to your home. Unlike mass-market cleaners, Buff's Dish Soap and Multi-Surface Cleaner combine serious plant-based cleaning performance with an elevated scent experience — transforming your kitchen cleaning routine into a scent-filled moment of joy. KEY BENEFITS: Dish Soap: Rinses Clean Long-lasting Foam Powers Through Grease & Residue Plant-Based Sulfate, Paraben, & Dye Free Multi-Surface Cleaner: Lifts Away Dirt Freshens Surfaces Powers Through Grease & Residue Plant-Based Sulfate, Paraben, & Dye Free BUFF BY YOU: A CUSTOM SCENT MAKING EXPERIENCE Ditch the dirty and boring, chemical-smelling cleaners. Customize these new kitchen essentials in any Buff City Soap scent or blend any two scents together to create something unique. From fresh and fruity to warm and woodsy, your daily cleaning routine can now smell unique to you and your kitchen. BUFF IN EVERY ROOM This launch marks the next step in Buff City Soap's mission to bring plant-based, better-for-you products to every room in the home. From the shower to the sink, Buff makes cleaning personal, powerful, and just a little more fun. Available in-store and online at For media inquiries, samples, or interviews, please contact: Kindra RigoulotDirector of About Buff City SoapFrustrated by commercial soaps' harsh chemicals, detergents, and animal fats, we set out to create a better way! Buff City Soap — delightfully scented plant based soaps, handmade daily, in each of our local Soap Makeries. We're on a mission to create products that are free of harsh chemicals and full of nourishing plant-based goodness. We take tremendous pride in handcrafting each and every bar of soap in our Soap Makery. Each one is truly unique. 1 of 1. Just like you! Our Soap Makers are whipping up delightfully scented creations to share with you no matter how you choose to shop: online or in our Soap Makeries. Stay Connected Follow us on Instagram, Facebook, and TikTok for updates and inspiration
