SME News
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2021-06-01
Banks to include SMEs under full lockdown in loan moratorium, assistance offer
KUALA LUMPUR, June 1 — The Association of Banks in Malaysia (ABM) has announced that it is expanding the Targeted Repayment Assistance (TRA) programme to include all small-and-medium enterprise (SME) businesses that are not permitted to operate...
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2021-06-01
Malaysia's Covid-19 surge douses hopes of economic recovery this year
KUALA LUMPUR - Forced into a two-week lockdown which Prime Minister Muhyiddin Yassin had just days earlier said would be catastrophic for the economy, Malaysia's hopes of a swift return to pre-pandemic gross domestic product (GDP) level...
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2021-06-01
Empty streets, shuttered malls as Malaysia begins third nationwide COVID-19 lockdown
KUALA LUMPUR: Main roads in Malaysia fell silent on Tuesday (Jun 1) as the country began its third nationwide lockdown amid a surging third wave of COVID-19 that has hit record levels in recent weeks. Only essential businesses, such as&n...
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2021-06-01
After backlash, Putrajaya now says breweries ‘not essential’ and must stop operating immediately
KUALA LUMPUR, June 1 — All factories producing alcohol in Malaysia must close immediately and cannot operate during the total lockdown, Senior Minister Datuk Seri Ismail Sabri Yaakob said this evening. Ismail Sabri noted that all manufacturi...
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2021-06-01
95,000 companies get Miti nod to operate so far
PETALING JAYA: Only 95,142 of the 517,144 companies which applied to operate during the June 1 to 14 lockdown have so far obtained approval, according to the ministry of international trade and industry (Miti). In a statement today, Miti said that...

