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HSBC initiates `living business’ programme for SMEs [ 19-08-2010 ]

HSBC Bank Malaysia Bhd has launched the HSBC Living Business seminar series, which is intended to help small and medium-sized enterprises (SMEs) become more competitive and productive. In a statement yesterday, HSBC said the programme will help SMEs by incorporating socially and environmentally sustainable practice into their business operations.
Its Managing Director, Commercial Banking, David Morton said many SMEs do aspire to implement sustainable practices, but were concerned about the investment required and practicality of the initiatives in driving business profitability.

The seminar therefore would be a timely assistance to provide tips and guidance to SMEs on understanding the commercial benefits of implementing environmentally and socially responsible business practices, he said."Since SMEs are the backbone of the Malaysian economy, their support in sustainable business development is vital for building a quality environment in this country," David added.

The HSBC Living Business seminars, which will run throughout the country will cover the economic outlook for the second half of 2010 as well as provide insights on property investment trends and currency risk management.

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