SME News
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2021-05-06
MIDF Research: Bank Negara likely to keep OPR unchanged this year
KUALA LUMPUR (Bernama) -- MIDF Research maintained its view that Bank Negara Malaysia (BNM) will not make any changes to the overnight policy rate (OPR), which stood at 1.75%, as the current rate remains accommodative to support Malaysia’s econ...
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2021-05-06
SERC: Worst over for Malaysian economy, Covid-19 vaccinations key to recovery amid uneven growth
PETALING JAYA: The movement control order 3.0 (MCO 3.0) will drive scarring effects on consumer sentiment into the current quarter (Q2’21) while the slow rate of Covid-19 vaccinations puts economic recovery at risk, according to the Socio-...
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2021-05-06
Bank Muamalat allocates RM500m financing to help Industry 4.0 vendors
KUALA LUMPUR, May 6 — Bank Muamalat Malaysia Bhd is allocating RM500 million in financing facilities to assist vendors in business and technology development in line with Industry 4.0. The financing package will be offered through a structur...
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2021-05-05
MCO in 6 Selangor areas amid calls for targeted approach
Six districts in Selangor will undergo the Movement Control Order (MCO) from tomorrow until May 17, Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob (picture) said. The districts are Hulu Langat, Petaling, Gomb...
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2021-05-05
Country needs new generation of manufacturers
KUALA LUMPUR: Malaysia needs to create a new generation of manufacturers to be more agile, flexible, sustainable and productive amidst the fast-evolving needs of the industry and economic uncertainties. Deputy Minister of International Trade and I...