SME News
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2020-05-08
Shafie: Sabah construction, forestry sectors can operate from Friday (May 8)
KOTA KINABALU: The construction and forestry sectors in Sabah can begin operations in the state immediately, says Datuk Seri Mohd Shafie Apdal. The Chief Minister said construction and maintenance companies and companies related to the industry...
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2020-05-08
Hong Leong Bank approves RM1.3b loans to SMEs under Bank Negara’s SRF
KUALA LUMPUR: Hong Leong Bank has approved RM1.3bil of facilities under the Bank Negara Malaysia Special Relief Facility (SRF) for over 1,600 small and medium enterprises (SMEs) up to April 30. To help SMEs facing cashflow challenges, it had enhan...
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2020-05-08
Standard Chartered Malaysia cuts base rate by 50bps effective May 14
KUALA LUMPUR (May 8): Standard Chartered Malaysia (StanChart) has announced that it will be lowering its base rate and base lending rate by 50 basis points to 2.52% and 5.7% per annum respectively, effective May 14. In a statement today, Sta...
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2020-05-06
CMCO chaos erupts: It’s you who must pay – employers up in arms at Muhyiddin’s sudden order they foot the RM1 billion bill to test workers for covid-19
The Malaysian Employers Federation (MEF) today insisted that the government should bear the estimated costs of over RM1 billion to perform a mandatory Covid-19 screening on all foreign workers in the country. MEF president Shamsuddin Bardan said i...
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2020-05-05
Don’t deport documented foreigners for MCO violation, Immigration urged
PETALING JAYA: A lawyer has urged the Immigration Department to stop deporting documented foreign workers punished for violating the movement control order (MCO) to check the spread of the Covid-19 virus. Balakrishna Balaravi said MCO offenders we...