SME News
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2022-02-17
Sea freight rates rise 800% on reduced capacity
SEA freight rates have increased up to 800% in some routes — a 100% increase than in October last year (700%) — due to reduced available capacity on shipping lines and container shortage, based on recent feedback received by the...
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2022-02-17
Azmin: Health Ministry to submit Malaysia’s border reopening SOP proposal soon
JOHOR BARU, Feb 17 — The Health Ministry (MOH) is expected to submit its proposal on the standard operating procedures for the reopening the country’s borders to the Cabinet anytime soon. Senior International Trade and Industry Ministe...
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2022-02-17
Human Resources Ministry should be sole agency dealing with migrant workers
KUALA LUMPUR: The Human Resources Ministry should be the only agency in charge of the recruitment and management of migrant workers for the sake of efficacy. The Malaysian Employers' Federation (MEF) said the ministry should be empowered to do...
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2022-02-16
Funding Societies raised RM605mil in an oversubscribed Series C+ equity round to fuel expansion plans in Southeast Asia
KUALA LUMPUR: Funding Societies Malaysia Sdn Bhd has raised US$144 million (RM605 million) in an oversubscribed Series C+ equity round to fuel expansion plans in Southeast Asia. This round of capital raising exercise was led by Japanese venture ca...
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2022-02-16
Azerbaijani, Malaysian SMEs mull co-op expansion
Chairman of the Board of the Small and Medium Business Development Agency of Azerbaijan (KOBIA) Orkhan Mammadov has met with Malaysian Ambassador to the country Yubazlan Bin Yusof. The sides exchanged views on opportunities for expanding cooperati...

