{"id":2591,"date":"2026-01-20T17:46:25","date_gmt":"2026-01-20T17:46:25","guid":{"rendered":"https:\/\/malaysian-business.com\/wptest\/2026\/01\/20\/commerce-asia-acquires-panpages-lab\/"},"modified":"2026-01-23T17:55:25","modified_gmt":"2026-01-23T17:55:25","slug":"commerce-asia-acquires-panpages-lab","status":"publish","type":"post","link":"https:\/\/malaysian-business.com\/portal\/2026\/01\/20\/commerce-asia-acquires-panpages-lab\/","title":{"rendered":"Commerce.Asia Acquires Panpages Lab"},"content":{"rendered":"<p><span style=\"font-weight: 400; font-size: 12pt;\">The Ministry of Entrepreneur Development (MED) called for greater public-private partnership participation to realise the objectives outlined within the National Entrepreneurship Framework (NEF).<\/span><\/p>\n<p><span style=\"font-weight: 400; font-size: 12pt;\">Its secretary-general Datuk Wan Suraya Wan Mohd. Radzi said that such partnerships are an important element in nurturing the entrepreneurial spirit among Malaysian businesses as set out within the strategic objectives of the National Entrepreneurship Framework (NEF).<\/span><\/p>\n<p><span style=\"font-weight: 400; font-size: 12pt;\">Datuk Wan Suraya Wan Mohd. Radzi noted that the NEF, which was launched in November 2018, charts the future direction of the entrepreneurship ecosystem in the country, and sets the broad parameters for the eventual National Policy on Entrepreneurship, which is expected to be announced in the second half of this year.<\/span><\/p>\n<p><span style=\"font-weight: 400; font-size: 12pt;\">\u201cOne of the NEF\u2019s targets is for small-medium enterprises (SMEs) to contribute 41 per cent to Malaysia\u2019s GDP by 2020,\u201d she said, adding that current contribution stands at approximately 37 per cent currently.<\/span><\/p>\n<p><span style=\"font-weight: 400; font-size: 12pt;\">\u201cIn addition, we also want to create one million jobs within five years, which will entail 50,000 entrepreneurs creating 200,000 job opportunities annually.\u00a0 <br \/><\/span><\/p>\n<p><span style=\"font-weight: 400; font-size: 12pt;\">\u201cWe also aim to train 50,000 graduates yearly in the entrepreneurial sector, ensure RM50 billion turnover by co-operatives by 2020, and increase SME contribution to exports from the present 17 per cent to 23 per cent by 2020.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400; font-size: 12pt;\">Datuk Wan Suraya made these comments after her meeting with Ganesh Kumar Bangah, the founder and executive chairman of Commerce.Asia.\u00a0 <br \/><\/span><\/p>\n<p><span style=\"font-weight: 400; font-size: 12pt;\">She also congratulated Commerce.Asia on their recent acquisition of PanPages Lab Sdn. Bhd. (Panpages Lab) which owns the largest database of SMEs within Southeast Asia.<\/span><\/p>\n<p><span style=\"font-weight: 400; font-size: 12pt;\">The latter\u2019s database contains insights into seven million SMEs spanning six countries, namely, Malaysia, Singapore, Thailand, Vietnam, Indonesia, the Philippines and Cambodia, which is being maintained by a team of data professionals, with information being constantly sought after by \u00a0global search engines and map providers.<\/span><\/p>\n<p><span style=\"font-weight: 400; font-size: 12pt;\">The acquisition of Panpages Lab allows Commerce.Asia to expand the reach of its enablers to the entire region by mining Panpages Lab\u2019s extensive database and using this data to provide lead generation to Commerce.Asia\u2019s current and future SME facing Enablers.<\/span><\/p>\n<p><span style=\"font-weight: 400; font-size: 12pt;\">\u201cThis strategic acquisition gives us valuable insights into five key ASEAN countries, enabling us to have a better understanding of the diverse ethnicity, customer-cum-business patterns and preferences, which we can use for today\u2019s evolving online marketing and sales opportunities. <\/span><\/p>\n<p><span style=\"font-weight: 400; font-size: 12pt;\">\u201cThis business purchase comes at an opportune time when eCommerce is growing multi-fold, with a whole paradigm shift towards online purchasing. <\/span><\/p>\n<p><span style=\"font-weight: 400; font-size: 12pt;\">\u201cThe acquisition combined with our current portfolio of enablers will be a catalyst to increase the eCommerce penetration among SMEs across South East Asia,\u201d said Commerce.Asia\u2019s founder and executive chairman, Ganesh Kumar Bangah.<\/span><\/p>\n<p><span style=\"font-weight: 400; font-size: 12pt;\">He concluded by pledging to continue supporting MED and the objectives outlined within the NEF.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ministry of Entrepreneur Development (MED) called for greater public-private partnership participation to realise the objectives outlined within the National Entrepreneurship Framework (NEF). Its secretary-general Datuk Wan Suraya Wan Mohd. Radzi said that such partnerships are an important element in nurturing the entrepreneurial spirit among Malaysian businesses as set out within the strategic objectives of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[],"class_list":["post-2591","post","type-post","status-publish","format-standard","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/2591","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/comments?post=2591"}],"version-history":[{"count":1,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/2591\/revisions"}],"predecessor-version":[{"id":4047,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/2591\/revisions\/4047"}],"wp:attachment":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/media?parent=2591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/categories?post=2591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/tags?post=2591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}