SME News
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2020-12-16
Hotels in Malaysia need to reinvent to attract guests in a pandemic world
It's not always that you get the option of learning how to “climb trees” while on holiday at a seaside resort. But there I stood, next to a 50m- tall tree, wearing a yellow safety helmet and a harness over my lower torso. We were n...
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2020-12-16
BNM sets up RM1b facility to support high-tech, innovation-driven SMEs hit by Covid-19
KUALA LUMPUR (Dec 15): Bank Negara Malaysia (BNM) is establishing a RM1 billion High Tech Facility-National Investment Aspirations (HTF-HIA), as announced under Budget 2021, to provide additional assistance for high-tech and innovation-driven SMEs af...
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2020-12-15
FMM urges govt to review proposed condition for hiring foreign workers
KUALA LUMPUR (Dec 15): The government should review the proposed new condition whereby companies are allowed to hire foreign workers by paying for the repatriation of undocumented migrants in the immigration depot, said the Federation of Malaysian Ma...
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2020-12-15
SMEs need digital technology for survival
The pandemic has pushed the small and medium enterprises (SMEs) to adopt digital technology for their survival. SME Association of Malaysia president Datuk Michael Kang Hua Keong said since the Movement Control Order (MCO) was imposed in Marc...
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2020-12-15
Malaysian banks see stress signs amid reduced lending, remain committed to targeted repayment assistance
KUALA LUMPUR, Dec 15 — Banks see some stress amid squeezed margins and lower lending targets due to the Covid-19 pandemic-related challenges, but the targeted repayment assistance (TRA) makes it manageable as the industry can gauge th...