Author: Karamjit Singh
Let’s focus on what we can change, says MDeC head honcho
The inaugural DNA-TeAM Disrupt networking session threw up various questions about MDeC and its role in regards to the Multimedia Super Corridor and Digital Malaysia initiatives. DNA founder Karamjit Singh, who moderated the session, reflects on them.
Cruising speed nowhere near enough
The contribution of SMEs to Malaysia's GDP rose from 29.5% in 2005 to 32.5 in 2011. If Malaysia dares to dream of being a developed nation by 2020, the contribution of SMEs to GDP has to touch at least 40% -- which is SME Corp's task, says its CEO.
Dealmates pivots its way into a stronger footing
While speed to market is still considered a huge advantage in the online world, there are occasions when being late to the game can mean that you also see some warning signs early on while your competitors chase the prized market leadership position -- which is what has happened to Dealmates, according to its CEO Erman Akinci.
SME Corp launches first Digital Malaysia EPP
It is probably the first of the much anticipated Digital Malaysia slew of entry point projects (EPPs) to be go live. As of Sept 1, 2012 SME Corporation Malaysia has quietly launched the Enabling ePayment for SMEs and Micro Enterprises EPP under Digital Malaysia.
‘Entrepreneurs not equitable in asking for money’
Most of the companies Malaysia Venture Capital Management Bhd (Mavcap) has invested in since 2011 have been startups, and quite a few of them have failed, says its chief executive officer Jamaludin Bujang.
Mavcap asking for ‘substantial amount’ from govt
Even though Mavcap has RM100 million left over from its last allocation from the Malaysian Government, it will be asking for more – ‘actually quite a substantial amount,’ says its CEO.
Rakuten Malaysia to eventually mimic Japan parent
Rakuten Malaysia wants to grow into a full-line Internet services company, just as in Japan where it offers customers various online services including travel, e-reading, banking and financial services, securities and online marketing expertise.
Mavcap looking for a few good men (and women)
It's been close to a year since Jamaludin Bujang took over as Mavcap CEO. DNA caught up with Jamaludin recently to get a feel for how Mavcap is doing, especially over the first seven months of the year, and how much money it has left to invest.
Homegrown MSC companies hit RM10bil local sales in 2011
MSC Malaysia companies in the InfoTech Cluster that are Malaysian-owned chalked up an impressive US$2.6 billion in local sales last year.
Where the action is clearly down south
Iskandar Malaysia made great progress in getting investors, both foreign and local, to buy into its growth story. However, Malaysians remain skeptical about the mega project.
