Malaysia Digest: Academy to train entrepreneurs, housewives starting biz, and more
October 19, 2011 by Egi SEPTIADI

Here are some interesting startup news snippets around Malaysia, not only in its capital, Kuala Lumpur, but also other startup hubs such as Penang, Malacca, and many more.
(1) Amanah Ikhtiar Malaysia (AIM) plans to set up an academy to train entrepreneurs about business fundamentals to help them succeed, its chairman Datuk Amir Hamzah Ahmad said.
(2) Servcorp Malaysia, the leading innovator of office services across the world, is giving customers more opportunities to try their virtual offices with a 50% discount in the first month of membership.
(3) Sarawakians should be placed on both Malaysia Airlines (MAS) and AirAsia’s boards of directors to ensure that the state’s interests are represented and protected. Presently, none sit on either airlines’ boards.
(4) Being housewives has not stopped some Malaysian women from attaining economic success. A group of women entrepreneurs has proven they can earn more than RM5,000 (US$1,595) a month by working at home.
(5) Of the RM2.1bil (US$670 mil) provided by the Amanah Ikhtiar Malaysia (AIM), RM100mil (US$32 mil) each will be allocated to Indian and Chinese entrepreneurs under a micro financing plan.
(6) The proposed initiatives for small and medium-sized enterprises (SMEs) under Budget 2012 will not only strengthen the SMEs as growth drivers but promote the country’s aspiration to become an Islamic financial hub, according to industry players.
(7) The dream to see high-performing Dayak (ethnic) companies listed on Bursa Malaysia (exchange) could come true soon. The Dayak Chamber of Commerce and Industry (DCCI) said this could be realised if equal opportunities were given to them under programs and projects proposed in Budget 2012.
(8) Some 500 leading women entrepreneurs from several countries have confirmed their attendance at the inaugural International Women in Business Convention at the Melaka International Trade Centre this month.
We thank nordicfactory for the flag image.
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About The Author
Egi SEPTIADI - SGE Alumnus - Intern
Egi is currently pursuing Chemistry at the Nanyang Technological University in Singapore. While not mixing compounds in the lab, the Indonesian is always on the hunt for recommended "makan" (Malay for "eat") places for local food. But the true blue foodie admits that "as long as the food tastes good, he'll go for it".
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