SME News
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2021-03-21
Relocation of cooperatives made easier with Act 502 amendments, says Wan Junaidi
ALOR GAJAH, March 21 — Cooperatives are no longer required to obtain approval from the Cooperative Commission of Malaysia (SKM) prior to moving to a new location or when opening a new branch, following amendments to the Cooperatives Societies A...
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2021-03-21
Businesses need to restrategise and reinvent to stay competitive amid abundant govt assistance, says economist
KUALA LUMPUR, March 21 — Businesses need to change their strategies to remain competitive amid an abundance of government assistance, said Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid. He said the e...
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2021-03-21
SME Bank's targeted financing relief extended until Sept, says Wan Junaidi
KUALA LUMPUR (March 21): SME Bank will introduce the SME Relief Program (SRP) 2.0, whereby the targeted financing relief facility will be extended for another six months starting April to September 2021, amid the prevailing challenging situation, acc...
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2021-03-19
Pemerkasa helps SMEs mitigate cash flow problems
KUALA LUMPUR: The Pemerkasa initiative, which provides microcredit financing to small and medium enterprises (SMEs), can help ease the cash flow problems of those affected by the implementation of the Movement Control Order (MCO) 2.0. SME Associat...
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2021-03-19
Tourism business bracing for another collapse
The tourism and travel industry is anticipating another devastating decline, following the extension of the Conditional Movement Control Order (CMCO) in several states until March 31, which also disallows interstate travel. The Malaysian Hotels As...