6 days ago
MSMEs Gain Better Understanding On ESG Practices, E-invoice Through SME Corp Programme
KUALA TERENGGANU, July 18 (Bernama) -- Operators of Micro, Small and Medium Entreprises (MSME) stand to gain a better understanding of Environmental, Social and Governance (ESG) practices and e-Invoices through programmes organised by SME Corp Malaysia, an agency under the Entrepreneur Development and Cooperatives Ministry (KUSKOP).
SME Corp Malaysia chief executive officer Rizal Nainy said that programmes such as the two-day 2025 MSME Sustainabilty Series programme, which concluded yesterday, provide exposure and practical guidance to MSMEs on how to implement ESG practices in their business operations.
'Also the use of e-Invoices is in line with ESG practices, which supports the governance element by improving transparency and compliance in a firm's financial reporting.
'This will support Malaysia towards more efficient financial adminstration and the introduction of the e-Invoice is a good step and MSMEs need to take this small step but with confidence to ensure their businesses are susintable in the future,' he said during his welcoming address at the 2025 MSME Sustainable Series programme, held at the Islamic Civilisation Park Convention Centre, Terengganu from July 16 to 17.
The two-day programme held for MSME participants in Terengganu and other East Coast regions, contained several main activities, including the 2025 ESG Workshop: From Theory to Practice, the e-Invoice Seminar and the MSME Open Day.
He also pointed out that incorporating ESG principles by MSMEs would not only ensure the continuity of existing supply chains, but also creates opportunities to new markets and boosts access to green finance.
The second day of the programme was dedicated to the e-Invoice for MSMEs seminar, which provided participants with a deeper understanding on the implementation of e-Invoices, he said.
'Through this session, participants were exposed to the concept and basics of e-Invoicing, in line with the guidelines set by the Inland Revenue Board (LHDN),' he stressed, adding that the interactive seminar provided step-by-step practical guidance on implementing e-Invoices, especially in using the MyInvois portal.
-- BERNAMA
