Telekom Malaysia's SME BizFest comes back for the fifth year

Communications service provider Telekom Malaysia has launched its annual SME BizFest™ 2016, with the theme “Innovate to Dominate”.In its fifth showcase, the one day event aims to help SMEs grow by showcasing the latest ICT solutions and other business tools from more than 20 partners and exhibitors.It is also a platform for SMEs to share their knowledge and business tips, discovering new business opportunities and exploring new business collaborations. The platform will bring business icons and inspiring young successful business coaches to share their business tips and tricks with the delegates.The event was first held in 2012 and it targets all local entrepreneurs and future entrepreneurs, small businesses and startups, and anyone else who has a passion for business and entrepreneurship.SME BizFest™ 2016 is endorsed by SME Corp, MDeC and MCMC while supported by SME Associations of Malaysia. Media partners of SME BizFest™ 2016 are HyppTV and Malaysia SME. The event’s Platinum Partner is Bank Islam; and other partners such as Yellow Pages, Eminent Display, Lokatoo and Lelong.my.Imri Mokhtar, executive vice president, consumer and SME, TM said: “Statistics indicate that only a relatively small percentage of Malaysian SMEs is fully utilising the ICT in their business operations and most of them are still comfortable with the conventional ways of doing business.""There is still low ICT adoption by SMEs in Malaysia with less than 30% SMEs in Malaysia use ICT in their business operations. In line with the current challenging economic situation, SMEs need to be adaptive towards innovation to enable them to stay relevant in the current market. Competition is intense and only those who are willing to take a step further and stay ahead of the game will survive.””The use of ICT tools is one of the key factors that can push SMEs forward to achieve greater efficiency, higher productivity and profitability as well as to expand their market reach. Thus, SME BizFest 2016 brought to you by TM, will be able to help Malaysian SMEs to innovate and empower their business, in line with TM’s vision of “Business Made Easier”,” he added.