SME News
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2021-03-17
Malaysia investment slump shows need for structural reforms: World Bank
Malaysia risks falling behind in the regional competition for foreign investments due to longstanding policy and structural issues, as it comes in "striking distance" of becoming a high-income nation, the World Bank said. Foreign direct ...
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2021-03-17
Pemerkasa: Facilities increased for SMEs and co-ops
PETALING JAYA: To assist SMEs in financing, Bank Negara Malaysia has increased the Targeted Relief and Recovery Facility (TRRF) by RM2bil and the Automation and Digitalisation Facility (ADF) by RM700mil. "With this addition the facility provi...
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2021-03-17
PM announces further plans to revive Malaysian economy
PETALING JAYA: To kick-start the country's economic recovery, Prime Minister Tan Sri Muhyiddin Yassin says the government will embark on several economic revival programmes such as increasing micro credit financing, and extending the wage subsidy...
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2021-03-17
BNM to increase automation, digitalisation funding facilities for SMEs, says PM
KUALA LUMPUR, March 17 — Bank Negara Malaysia (BNM) has increased the Targeted Assistance and Rehabilitation Facility by RM2 billion and the Automation and Digitisation Facility by RM700 million to help small and medium enterprises (SMEs) obtai...
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2021-03-17
Selangor govt rolls out RM5m grant to encourage small, medium businesses to go digital
KUALA LUMPUR, March 17 — The Selangor government today launched an RM5 million SME Digital Matching Grant to encourage small and medium enterprises (SMEs) in the state to go digital. The initiative is aimed at helping SMEs accelerate the dig...