KUALA LUMPUR, Jan 21 (Bernama) -- Kelantan-based sauce manufacturer, MH
Mohd Industries Sdn Bhd, has ventured into manufacturing a new coffee
product and is hopeful the diversification will help boost the company's
revenue by at least 20 per cent this year to more than RM2.4 million.
Source from (Bernama): http://www.bernama.com/bernama/v6/newsbusiness.php?id=923147
Published: January 22, 2013
Its Founder and Chief Executive Officer Muhamad Yussof said he was
optimistic that his newly formulated three-in-one "tunjuk langit" and
gano coffee mixture marketed under the brand name of "MH Mohd" would
form a new revenue stream for the company.
"We have long-term plans to market our coffee at supermarkets and
hypermarkets. This, however, is indeed challenging as retailers request
successful track records of the product.
"We believe we can achieve our long-term goal by working harder," he said in a statement.
Muhamad said MH Mohd coffee is currently distributed through a
distributor in Kelantan and the company is also taking orders through
mail and delivery via courier services.
MH Mohd coffee is contract manufactured by Technology Park Malaysia (TPM) Biotech Sdn Bhd at its biotech centre in Raub.
Prior to engaging the services of TPM Biotech last year, the company had
invested more than RM10,000 in product research and development,
marketing surveys and was personally involved in the testing of the
product.
Last year, MH Mohd recorded 10 to 20 per cent annual growth and generated about RM2 million sales.
This year it hopes to maintain the growth rate and aims to improve existing sauce products.
-- BERNAMA
Tuesday, January 22, 2013
MH Mohd Industries Teroka Produk Kopi Baharu, Harap Kenaikan Pendapatan 20 Peratus
KUALA LUMPUR, 21 Jan (Bernama) -- Pengeluar sos dari Kelantan, MH Mohd
Industries Sdn Bhd, meneroka pembuatan produk kopi baharu dan berharap
pempelbagaian itu akan membantu meningkatkan pendapatan syarikat
sekurang-kurangnya 20 peratus tahun ini kepada lebih RM2.4 juta.
Source from (Bernama): http://www.bernama.com/bernama/v6/bm/newsbusiness.php?id=923161
Published: January 22, 2013
Pengasas dan Ketua Pegawai Eksekutifnya Muhamad Yussof berkata beliau yakin campuran kopi tiga dalam satu "tunjuk langit dan gano baharunya di bawah jenama "MH Mohd" akan menjana pendapatan baharu bagi syarikat tersebut.
"Kami mempunyai rancangan jangka panjang untuk memasarkan kopi kami di pasar raya dan pasar raya besar. Bagaimanapun ini agak mencabar kerana peruncit mahukan rekod prestasi produk yang berjaya.
"Kami percaya kami boleh mencapai matlamat jangka panjang kami dengan bekerja lebih keras lagi," katanya dalam satu kenyataan.
Muhamad berkata kopi MH Mohd ketika ini diedarkan menerusi pengedar di Kelantan dan syarikat itu mengambil tempahan menerusi surat dan menghantar menerusi perkhidmatan kurier.
Kopi MH Mohd dikilangkan secara kontrak oleh Technology Park Malaysia (TPM) Biotech Sdn Bhd di pusat bioteknologinya di Raub.
Sebelum menggunakan perkhidmatan TPM Biotech tahun lepas, syarikat itu melabur lebih RM10,000 dalam penyelidikan dan pembangunan produk, kaji selidik pemasaran dan terlibat secara peribadi dalam pengujian produk.
Tahun lepas, MH Mohd mencatatkan pertumbuhan tahunan 10 hingga 20 peratus dan menjana jualan kira-kira RM2 juta.
Tahun ini ia berharap dapat mengekalkan kadar pertumbuhannya dan menyasar menambah baik produk sos sedia adanya.
-- BERNAMA
Source from (Bernama): http://www.bernama.com/bernama/v6/bm/newsbusiness.php?id=923161
Published: January 22, 2013
Pengasas dan Ketua Pegawai Eksekutifnya Muhamad Yussof berkata beliau yakin campuran kopi tiga dalam satu "tunjuk langit dan gano baharunya di bawah jenama "MH Mohd" akan menjana pendapatan baharu bagi syarikat tersebut.
"Kami mempunyai rancangan jangka panjang untuk memasarkan kopi kami di pasar raya dan pasar raya besar. Bagaimanapun ini agak mencabar kerana peruncit mahukan rekod prestasi produk yang berjaya.
"Kami percaya kami boleh mencapai matlamat jangka panjang kami dengan bekerja lebih keras lagi," katanya dalam satu kenyataan.
Muhamad berkata kopi MH Mohd ketika ini diedarkan menerusi pengedar di Kelantan dan syarikat itu mengambil tempahan menerusi surat dan menghantar menerusi perkhidmatan kurier.
Kopi MH Mohd dikilangkan secara kontrak oleh Technology Park Malaysia (TPM) Biotech Sdn Bhd di pusat bioteknologinya di Raub.
Sebelum menggunakan perkhidmatan TPM Biotech tahun lepas, syarikat itu melabur lebih RM10,000 dalam penyelidikan dan pembangunan produk, kaji selidik pemasaran dan terlibat secara peribadi dalam pengujian produk.
Tahun lepas, MH Mohd mencatatkan pertumbuhan tahunan 10 hingga 20 peratus dan menjana jualan kira-kira RM2 juta.
Tahun ini ia berharap dapat mengekalkan kadar pertumbuhannya dan menyasar menambah baik produk sos sedia adanya.
-- BERNAMA
RM10,000 loan that became a constant nightmare
MALACCA: After getting a loan of RM10,000 last October from a man
claiming to be from a bank providing loans for small and medium
entrepreneurs, a couple was shocked when the amount they had to pay back
ballooned to RM30,000 within three months.
Source from (The Star Online): http://thestar.com.my/news/story.asp?file=/2013/1/22/nation/12608881&sec=nation
Published: January 22, 2013
Nevertheless, they saved and toiled to raise the money and settle the amount.
Just when they thought their troubles were over, someone else called on Jan 1 to demand the RM10,000 they had first borrowed.
As they had exhausted their savings, shares and mutual funds, the couple pleaded that they could not afford to pay any more money and, furthermore, they had already settle their dues.
Ignoring their pleas, the second “borrower” imposed daily interest on the alleged loan, which went up to RM30,000 again within a week.
The couple, from Taman Melawati in Kuala Lumpur, was also warned that if they do not settle an interest payment of RM8,500 on the alleged loan by 10am today, the husband and wife would be “separated”.
Following the relentless intimidations, the distraught wife made a desperate trip to The Star bureau here to seek the paper's help.
“I don't know what else to do. I am on the run and my husband is having sleepless nights.
“I love my family and I don't want my family to be split because of a non-existent loan,” said the 37-year-old mother of three girls.
She said their problem started when her husband, also 37, a bank employee, secured the RM10,000 loan believing that it was provided by the Government with a low monthly interest rate.
“A day later, however, the so-called SME representative said there was no more quota for the loan and he offered another package.
“Two days after that, my husband received RM7,500 with the balance of RM2,500 purportedly withheld as processing fee and deposit.
“After a month, the representative demanded an additional RM1,500, allegedly for interest on the principal amount and my husband paid.
“I began to suspect that the so-called SME bank representative was actually acting for an illegal moneylending agency when I noticed the compounding rate was too high,” she said, adding that the principal amount reached close to RM30,000 within three months.
The woman said she helped her husband to settle the amount in staggered online payments, exhausting their savings in the form of assets, shares and mutual funds.
Just when they thought they could breathe a sigh of relief, another loan shark contacted them on Jan 1 to ask for another RM10,000 they never took.
“One of my friends suggested that I seek help from The Star here before any untoward thing occurs to my family,” she said, tears welling in her eyes.
Source from (The Star Online): http://thestar.com.my/news/story.asp?file=/2013/1/22/nation/12608881&sec=nation
Published: January 22, 2013
Nevertheless, they saved and toiled to raise the money and settle the amount.
Just when they thought their troubles were over, someone else called on Jan 1 to demand the RM10,000 they had first borrowed.
As they had exhausted their savings, shares and mutual funds, the couple pleaded that they could not afford to pay any more money and, furthermore, they had already settle their dues.
Ignoring their pleas, the second “borrower” imposed daily interest on the alleged loan, which went up to RM30,000 again within a week.
The couple, from Taman Melawati in Kuala Lumpur, was also warned that if they do not settle an interest payment of RM8,500 on the alleged loan by 10am today, the husband and wife would be “separated”.
Following the relentless intimidations, the distraught wife made a desperate trip to The Star bureau here to seek the paper's help.
“I don't know what else to do. I am on the run and my husband is having sleepless nights.
“I love my family and I don't want my family to be split because of a non-existent loan,” said the 37-year-old mother of three girls.
She said their problem started when her husband, also 37, a bank employee, secured the RM10,000 loan believing that it was provided by the Government with a low monthly interest rate.
“A day later, however, the so-called SME representative said there was no more quota for the loan and he offered another package.
“Two days after that, my husband received RM7,500 with the balance of RM2,500 purportedly withheld as processing fee and deposit.
“After a month, the representative demanded an additional RM1,500, allegedly for interest on the principal amount and my husband paid.
“I began to suspect that the so-called SME bank representative was actually acting for an illegal moneylending agency when I noticed the compounding rate was too high,” she said, adding that the principal amount reached close to RM30,000 within three months.
The woman said she helped her husband to settle the amount in staggered online payments, exhausting their savings in the form of assets, shares and mutual funds.
Just when they thought they could breathe a sigh of relief, another loan shark contacted them on Jan 1 to ask for another RM10,000 they never took.
“One of my friends suggested that I seek help from The Star here before any untoward thing occurs to my family,” she said, tears welling in her eyes.
Monday, January 21, 2013
Advancing SMEs to e-payment
WITH the crime rate rising, carrying a lot of cash in one's purse is probably not an advisable thing to do. Personally, I have stopped carrying large amounts of bills in my
handbag as I am more comfortable with either the debit or the credit
card.
Source from (Business Times): http://www.btimes.com.my/Current_News/BTIMES/articles/esah/Article/
Published: January 21, 2013
The current banking offerings are also driving us consumers to adopt and use the more advanced technological features for all our banking needs. In fact, I no longer need to go to the post office now to settle my utility bills as it can all be literally done at my fingertips.
Now, with the aid of technology, SMEs will also be able to enjoy hassle-free banking transactions.
I am sure those of you who had the privilege to spend your holidays
overseas are overwhelmed that taxis in those countries accept credit or
debit cards.
In fact, even our favourite mamak restaurants have begun to accept credit/debit cards! In keeping up with the Joneses, SME Corp initiated the programme 'Enabling ePayment for SMEs and Microenterprises'.
This project, under the "Digital Malaysia" initiative is aimed at increasing the adoption of e-payment among SMEs, in particular the micro enterprises. It is a platform that provides service for entrepreneurs to accept credit card payments from their technologically savvy smartphones such as iPhones, Blackberry, Samsung Galaxy, iPads, tablets or androids.
Unfortunately, many SMEs, in particular micro enterprises, are still reluctant to acquire the e-payment facility, citing among others, budgetary constraints and the tedious process of e-payment.
Nonetheless, with the availability of this platform, SMEs and micro enterprises are able to transact this e-payment business hassle-free!
How does this e-payment work?
A piece of hardware, essentially a tiny card reader (or termed as "dongle") will be installed at the bottom of a smartphone or tablet device. Whenever there is a business transaction, the credit or debit card will be placed in the card reader and the details of the items or services purchased will be processed, whereby the financial transaction will be uploaded into the smartphone or tablet.
With this, micro enterprises such as your family grocery shop, or your neighbourhood hair salon or even your favourite "nasi lemak" seller can start accepting electronic payments without much hassle!
This is indeed an area we are strongly focusing on as we want to help broaden the revenue base of micro enterprises, especially now that they can accept payments through credit or debit cards for goods sold and services offered.
I hope that this facility will especially assist many "mom-and-pop shops" and stalls throughout the country as they would otherwise not qualify to enjoy these facilities from the banks as they would not meet the minimum monthly sales requirements from the current credit card system.
In this intitiative, SME Corp will be subsidising 10,000 terminals with Third Party Acquirers (TPA) needing to sell three terminals to get the fourth one free.
In essence, the TPA will enjoy a 25 per cent discount for every four devices sold and the discount savings will be passed on to the micro enterprises. Each micro enterprise is allowed a maximum of two devices under this programme with the cost of the hardware ranging from RM300 to RM700 each.
Our target is that by 2020, this project is expected to generate 1,125,000 million ePayment merchant outlet points enabled by the Electronic Funds Transfer Point-of- Sale (EFTPOS) terminal. I wish to also share that the project's target for 2012 to reach out to 25,000 merchant outlets has been met, although the project was only started in the last quarter of the year.
In reaching out to the e-payment merchant outlets points, we wanted the market segment to be different and targeted the operators of "pasar tani", small restaurants, night market, flea market as well as cottage industries, among others.
In order for SMEs and micro enter-prises to participate in this program-me, they must first of all ensure that they are legal business entities registered under the Business Act 1956 or Company Act 1965; fulfil the defi-nition of SMEs and micro enterprises, have at least 60 per cent Malay-sian equity; possess a valid business licence from the local authority; and subscribe to only one of the approved Third Party Acquirer (TPA).
SMEs and micro enterprises who are interested to enable themselves with the ePayment merchant outlet points can access to one of the following appointed Third Party Acquirer (TPA) website www.managepay.com or www.revenue.com.my. So, wait no more!
With all the facilities in place, business is definitely made simple, less hassle and cash-free!
Datuk Hafsah Hashim is the chief executive officer of Small and Medium Enterprises Corporation Malaysia (SME Corp Malaysia). To access SME Corp Malaysia online, click on www.smecorp.gov.my
Source from (Business Times): http://www.btimes.com.my/Current_News/BTIMES/articles/esah/Article/
Published: January 21, 2013
The current banking offerings are also driving us consumers to adopt and use the more advanced technological features for all our banking needs. In fact, I no longer need to go to the post office now to settle my utility bills as it can all be literally done at my fingertips.
Now, with the aid of technology, SMEs will also be able to enjoy hassle-free banking transactions.
In fact, even our favourite mamak restaurants have begun to accept credit/debit cards! In keeping up with the Joneses, SME Corp initiated the programme 'Enabling ePayment for SMEs and Microenterprises'.
This project, under the "Digital Malaysia" initiative is aimed at increasing the adoption of e-payment among SMEs, in particular the micro enterprises. It is a platform that provides service for entrepreneurs to accept credit card payments from their technologically savvy smartphones such as iPhones, Blackberry, Samsung Galaxy, iPads, tablets or androids.
Unfortunately, many SMEs, in particular micro enterprises, are still reluctant to acquire the e-payment facility, citing among others, budgetary constraints and the tedious process of e-payment.
Nonetheless, with the availability of this platform, SMEs and micro enterprises are able to transact this e-payment business hassle-free!
How does this e-payment work?
A piece of hardware, essentially a tiny card reader (or termed as "dongle") will be installed at the bottom of a smartphone or tablet device. Whenever there is a business transaction, the credit or debit card will be placed in the card reader and the details of the items or services purchased will be processed, whereby the financial transaction will be uploaded into the smartphone or tablet.
With this, micro enterprises such as your family grocery shop, or your neighbourhood hair salon or even your favourite "nasi lemak" seller can start accepting electronic payments without much hassle!
This is indeed an area we are strongly focusing on as we want to help broaden the revenue base of micro enterprises, especially now that they can accept payments through credit or debit cards for goods sold and services offered.
I hope that this facility will especially assist many "mom-and-pop shops" and stalls throughout the country as they would otherwise not qualify to enjoy these facilities from the banks as they would not meet the minimum monthly sales requirements from the current credit card system.
In this intitiative, SME Corp will be subsidising 10,000 terminals with Third Party Acquirers (TPA) needing to sell three terminals to get the fourth one free.
In essence, the TPA will enjoy a 25 per cent discount for every four devices sold and the discount savings will be passed on to the micro enterprises. Each micro enterprise is allowed a maximum of two devices under this programme with the cost of the hardware ranging from RM300 to RM700 each.
Our target is that by 2020, this project is expected to generate 1,125,000 million ePayment merchant outlet points enabled by the Electronic Funds Transfer Point-of- Sale (EFTPOS) terminal. I wish to also share that the project's target for 2012 to reach out to 25,000 merchant outlets has been met, although the project was only started in the last quarter of the year.
In reaching out to the e-payment merchant outlets points, we wanted the market segment to be different and targeted the operators of "pasar tani", small restaurants, night market, flea market as well as cottage industries, among others.
In order for SMEs and micro enter-prises to participate in this program-me, they must first of all ensure that they are legal business entities registered under the Business Act 1956 or Company Act 1965; fulfil the defi-nition of SMEs and micro enterprises, have at least 60 per cent Malay-sian equity; possess a valid business licence from the local authority; and subscribe to only one of the approved Third Party Acquirer (TPA).
SMEs and micro enterprises who are interested to enable themselves with the ePayment merchant outlet points can access to one of the following appointed Third Party Acquirer (TPA) website www.managepay.com or www.revenue.com.my. So, wait no more!
With all the facilities in place, business is definitely made simple, less hassle and cash-free!
Datuk Hafsah Hashim is the chief executive officer of Small and Medium Enterprises Corporation Malaysia (SME Corp Malaysia). To access SME Corp Malaysia online, click on www.smecorp.gov.my
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