SME News
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2020-08-03
U Mobile, Funding Societies collaborate to offer P2P financing for SMEs
Malaysian telco U Mobile announced a partnership with Southeast Asian P2P financing platform Funding Societies to offer business financing solutions for Malaysian micro, small and medium enterprises (SMEs) as well as SOHO customers. This will be done...
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2020-08-03
SME Corp survey: Penjana able to assist SMEs in Malaysia in achieving quick recovery
KUALA LUMPUR, Aug 3 — The National Economic Recovery Plan (Penjana), which was announced by the government in June to aid businesses affected by Covid-19, can help small and medium enterprises (SMEs) in achieving business recovery. This is b...
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2020-08-03
RHB Bank launches Malaysia's first AI-powered SME financing mobile app, aims to finance RM500m
KUALA LUMPUR (Aug 3): RHB Banking Group has launched its RHB Financing (SME) Mobile App, making it the first artificial intelligence (AI)-powered “customer self-initiated” small and medium enterprise (SME) financing mobile app in Malaysia...
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2020-08-03
Newsbreak: Concerned about slow loan restructuring talks, Bank Negara takes lead
Worried about the slow pace of talks that businesses are having with their bankers to restructure their loan repayments as the end of the six-month moratorium on bank loans looms, Bank Negara Malaysia held a closed-door meeting with trade groups and ...
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2020-08-03
Petrol dealers still in dire need of govt aid
While the demand for fuel at petrol stations is slowly recovering, operators are still running their businesses at a slight loss due to the fluctuation in oil prices. However, Petrol Dealers Association of Malaysia (PDAM) president Datuk Khairul A...