Seminars on e-commerce for Malaysian SMEs

Malaysian SMEs can learn first-hand about the benefits of e-commerce and its impact on their businesses through a series of public seminars organized by MyBiz Malaysia and partners.

Malaysian small and medium sized businesses can learn first-hand about the benefits of e-commerce and its impact on their businesses through a series of public seminars organized by MyBiz Malaysia, Hitechniaga, BSN Commercial Bank and Mimos.

MALAYSIA (MSCTimes.com) - The seminars kick-off in East Malaysia in Kuching on October 3 followed by Kota Kinabalu two days later. It will also cover other cities in Peninsula Malaysia, including Ipoh, Malacca, Batu Pahat, Johor Bahru, Sungai Petani, Kuala Lumpur, Klang, Shah Alam, Penang, Kuantan, Kuala Terengganu and Kota Bahru from October to December.

Recognizing the need for more information on e-commerce, the seminars titled "Emerging a Winner in e-commerce" will focus on the scope and impact of e-commerce.

The topics include completing e-commerce transactions with online trade financing, security for e-commerce transactions and MyBiz as a cost-effective means for businesses to participate in e-commerce.

According to Terence Ooi, chief communication officer of MyBiz, "Malaysian small and medium sized businesses will be overtaken by the e-commerce revolution if they do not embrace this new way of doing business. They need to adapt to these changes fast and they need to be e-enabled."

He added that the impact of e-commerce is pervasive, especially amongst the business community. "Malaysian businesses, especially SMIs ought to realize that e-commerce is not a vision of the future anymore! MyBiz is recognised as the national showcase for e-commerce, and SMIs can now benefit from the BusinessRelationshipNetwork for a minimal investment."

The Ministry of International Trade and Industry, through Small and Medium Industry Development Corporation (SMIDEC) has allocated a RM20 million (US$5.3 million) grant for small and medium enterprises (SMEs) that want to participate in e-commerce.

Hitechniaga Sdn Bhd, a subsidiary of MyBiz has been appointed one of the Consultants to assist SMIs in obtaining the grant. eCommerce Consultants from Hitechniaga will be at the seminar to provide their assistance to the SMIs.

"Malaysian businesses that are interested to know more about eCommerce and specifically how MyBiz can help them gain control, lower operational costs and increase revenue will benefit from this series of seminar. Representatives from the four companies will be on hand to share their expertise and experience with participants," Ooi added.

E-commerce is gaining momentum internationally with governments playing supporting, but non-regulatory roles. By 2003, it is estimated that worldwide business-to-business e-commerce transactions will total US$1 trillion (Forrester, 2000) from virtually zero at the start of the 1990s.

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