In Malaysia, many manufacturing companies are becoming more enlightened and more aware of patent rights, trade secrets and the importance of safeguarding trade secrets against inadvertent disclosure to third parties or strangers visiting the production facilities.
Archives for December 2016
By Pravind Kumar
The idea of going global and venturing into the export market seems to be a rather unnerving and formidable endeavour for most local SMEs (small and medium enterprises) in Malaysia. This is evidenced by the fact that SME contribution to export is fairly low at 19% despite accounting for 99% of all business establishments in the country.
Financial constraints and fear of uncertainty in potential markets are among the main reasons which contribute towards their hesitance to step foot into the export market. Most SMEs yearn to explore beyond the home market but have either no means of doing so or lack sufficient knowledge with regards to the required know-hows and ideal business strategies.
By Joel Cheong
While the whole wide world was still reeling from the news of Brexit and Brangelexit (Seriously, who comes up with terms like these?), the news of Donald Trump edging against fellow presidential candidate Hillary Clinton to become the next US president may have overloaded the incredulity meter of most common folks.
As those darn millennials burned dumpsters in a fit of entitled rage and non-Americans complained about how the new President-elect would make a poor leader in a country they don’t even reside in, one wonders about the ramifications of Trump’s victory. Will we see the construction of the Great Wall of Mexico? Will Americans really attempt to cross the Canadian-American border illegally, only to be stopped by Canadian border patrol officers riding on caribous? Is the US going to ratify the Tran-Pacific Partnership Agreement?