SME News
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2020-08-16
Finance - No looking back as pace of digital banking accelerates
One of the biggest opportunities to come out of the Covid-19 crisis is the rapid uptake of digital banking. Stay-home orders have compelled many customers to start using online financial services. And this shift is unlikely to reverse, especially wit...
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2020-08-16
In Slim by-election, voters want a rep who can help small businesses grow, bring in new jobs
SLIM RIVER, Aug 16 — The small town of Slim River in Perak lies roughly in the middle of state capital Ipoh and national capital Kuala Lumpur by 100km either way with a population of 27,139. Most of the residents here are plantation workers,...
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2020-08-16
Ex-finance minister urges decisive Putrajaya intervention to stave off economic death spiral
KUALA LUMPUR, Aug 16 — The federal government must act urgently with another round of stimulus to prevent the already-contracting economy from spiralling into deflation, according to Lim Guan Eng. He said Putrajaya must at least repeat the R...
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2020-08-16
Start-Ups - Riding the digitalisation wave
In the last 10 years, the pace of digitalisation across the globe and in Malaysia has taken on a quicker tempo. Alongside, we have also seen the mushrooming of tech start-ups. While some may not survive the economic crisis, others are seeing opportun...
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2020-08-16
Malaysian economy shrinks most in over 20yrs
Malaysia's economy suffered its worst contraction in more than 20 years during the second quarter, hit by a collapse in global trade and tough curbs to contain the coronavirus, the central bank said Friday. The economy shrank 17.1 percent on-y...