SME News
-
2020-09-02
MIDF scheme for SMEs to adopt digitisation
KUALA LUMPUR: Malaysian Industrial Development Finance Bhd (MIDF), through its Development Finance Division (DFD), has introduced the Soft Financing Scheme for Digital and Technology (SFDT). The SFDT, channelled through the International Trade and...
-
2020-09-02
Over 109,000 post-moratorium assistance requests approved
Banks have approved a total of 109,172 post-loan moratorium financial repayment assistance requests for individuals since Aug 7, said Deputy Finance Minister II Mohd Shahar Abdullah. In total, 139,424 applications for financing repayment assistanc...
-
2020-09-02
StanChart, CGC extend financial assistance to SMEs
KUCHING: Standard Chartered Malaysia and Credit Guarantee Corporation (CGC) signed an agreement that will make available MYR100 million in financing to help small and medium enterprises (SMEs) struggling with liquidity challenges in the aftermath of ...
-
2020-09-02
Helping local entrepreneurs boost their sales
Domestic Trade & Consumer Affairs Minister Datuk Alexander Nanta Linggi recently launched the Buy Malaysia Product Campaign 2020 at the Lulu Hypermarket & Department Store in Capsquare, Kuala Lumpur. The Buy Malaysian Product Campaign is t...
-
2020-09-02
All eyes on banks as moratorium nears end
PETALING JAYA: Banks, which largely recorded weaker second-quarter (Q2) earnings after booking significantly higher net provisions, will continue to be watched with the six-month loan moratorium coming to an end this month. Loan approvals, which h...