SME News
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2021-06-09
Malaysia Debt Ventures’s relief measures to resume in supporting affected technology micro-SMEs
KUALA LUMPUR, June 9 — Malaysia Debt Ventures Bhd (MDV) will implement the third phase of moratorium and restructuring of payments for its eligible customers to alleviate the challenges faced due to the implementation of the Full movement contr...
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2021-06-09
Standard Chartered Malaysia, AmBank extend financial support for customers
KUALA LUMPUR, June 9 — Standard Chartered Malaysia and Standard Chartered Saadiq Malaysia will continue to provide financial support to affected clients through its Targeted Repayment and Payment Assistance (TRA) Programme. In a statement to...
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2021-06-08
50,000 SMEs face closure under MCO 3.0
At least 50,000 more small and medium enterprises (SMEs) may be out of business should the Movement Control Order (MCO 3.0) extend another six weeks. SME Association of Malaysia national VP Chin Chee Seong said about 100,000 companies have ceased ...
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2021-06-08
Govt channelling RM5.08b to micro SMEs under GKP, payment of RM1.5b starts on June 10
KUALA LUMPUR (June 8): A total of RM5.08 billion has been and will be channelled to nearly one million micro small and medium enterprises (micro SMEs) under the Geran Khas Prihatin (GKP) to tide over their difficulties since Covid-19 hit the country,...
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2021-06-08
Maybank continues repayment aid for customers affected by MCO
KUALA LUMPUR: Malayan Banking Bhd (Maybank) will continue to assist and support its customers affected by the Movement Control Order (MCO) and the impact of the Covid-19 pandemic. In a statement on Tuesday, Maybank said this was in the f...