SEED Progress Report #30SEED with Malaysia Goods & Services Tax (GST) Royal Malaysian Customs Department
From Left: En.Mathava Rao (SEED), Pn.Annie Thomas (Assistant Director of Customs), Pn.Pusphalatha Subramaniam (Senior Assistant Director of Customs), Tn.Ganesan Kothendapani (Senior Assistant Director of Customs), Dato' Subromaniam Tholasy (Director of Customs - GST Division), Dr A.T.Kumararajah (Director of SEED), Tn.Navukarasu Ganeson (Assistant Director of Customs), Tn.Hari Haran Karnanidi (Superintendent of Customs), Pn.Shahmila Jayasagaran (Assistant Director of Customs), En. T.Nanthakumaran (SEED)
Newspaper ArticleNewspaper Article on our recent SEED Training Series on Malaysia Goods & Services Tax (GST)Good & Services Tax (GST) Implementation in Partnership with Indian Trade OrganizationsSEED Training Series - HALAL IndustrySEED will be organizing SEED Training Series on HALAL Industry on Saturday, 20th September 2014 from 8.00 am to 5.00 pm at Grand Seasons Hotel, Jalan Pahang, Kuala Lumpur. SEED Training Series - Franchise BusinessSEED Training Series - Thinking about starting a Franchise Business ?SEED Start Up NationStart Up Nation was the brainchild of SEED which was launched on 26th March 2014. SEED Start Up Nation is a soft loan SEED will provide to anyone who is willing to start a small scaled business to develop their daily economic life.MoU Signing Ceremony between SEED & Microsoft MalaysiaSEED collaborating with Centre for Entrepreneur Development and Research (CEDAR), SME Bank to empower Indian Entrepreneurs.
From Left ( Dr A.T.Kumararajah(Director of SEED), Datuk Mohd Radzif Mohd Yunus (Group Managing Director, SME Bank Malaysia), Dr. Sheikh Ghazali Sheikh Abod (Chief Operating Officer, CEDAR), Ms.Susan Wan Pei Yee(Head of Marketing and Business Development, CEDAR) and Mr Husain Dawoed(Vice President / Head Training and Consultancy)
YAB Dato' Sri Mohd Najib Bin Tun Haji Abdul Razak
Prime Minister Of Malaysia

"The first is a legacy issue of negative credit history including bankruptcy and blacklisting. The second involves the various challenges faced in obtaining adequate and timely credit. And the third major issue is the perception that Indians face an uphill battle in winning contracts from Government and Government Linked Companies’, or GLCs. I will address each of these three major issues in turn"

Y.B Datuk Seri G. Palanivel
Lead Minister of SEED
&  MIC President

“I want the economic agenda of the Malaysian Indians to have proprietorship. The community must be one who decides where they want to steer their economic vision in the short, medium and long-term”

YBhg. Dato Hafsah Hashim
Chief Executive Officer,
SME Corporation

"Currently there are various programmes being implemented by the Government for SMEs ranging from capacity building programmes such as inculcating entrepreneurship and human capital development programmes"

YBhg. Datuk Haji Abdul Rahim Hassan
Managing Director &
Chief Executive Officer TEKUN Nasional

"Sehingga 31 Oktober 2013, sejumlah 12,319 usahawan India telah diberikan kemudahan pinjaman dengan nilai keseluruhan pinjaman sebanyak RM 153.9 juta"

Definition of SMEs

Malaysia adopted a common definition of SMEs to facilitate identification of SMEs in the various sectors and subsectors. This has facilitated the Government to formulate effective development policies, support programmes as well as provision of technical and financial assistance. An enterprise is considered an SME in each of the respective sectors based on the Annual Sales Turnover or Number of Full-Time Employees as shown in the table below.

Micro Enterprise   Small & Medium Enterprise
Events Diary
News Highlights
TheSTAR: Low registration for GST
15 Aug 14
“This will be one of the largest seminars organised for the GST. The event has been tailored to creating awareness and addressing the specific sectorial needs of the entrepreneurs,” he added. He said SEED and the Customs GST Unit had...
TheSTAR: RM347mil in SEED funds for 9,318 Indians since August 2012
17 Jul 14
SEED has disbursed RM347.3mil to Malaysian Indians since its inception in August 2012, the money was given out to 9,318 applicants. This was made possible due to the close partnerships with institutions such as MIDF, SME Bank and the...
TheSTAR : Steps to help Indian entrepreneurs gain traction
16 Jun 14
SEED executive director Dr A.T. Kumararajah said the training focused on business basics for 400 Indian entrepreneurs. “This session covered topics such how to set up a business and the methods of attaining funds from banks,” he said....
Progress Report
Status Report as of 31st June 2014
  RM 347.32mil
Success Stories
" i planned to enter in business world. i opened up the new company and named as Vincrafts Sdn Bhd. Basically my business is engraving temple design, wood works and doors. I already invest almost RM 180 ,000 to buy machinaries, to setup his premise. I just shortage of RM50K for buying few set of machineries so that I have complete set of engraving machine. I apply thru SEED, TEKUN. The loan has been approved and now im owned the full set of engraving... "
P.K. Ravindranathan KN Narayanan Nair
Vincrafts Sdn. Bhd.
  Budget 2014 - Key Points
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