SME News
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2020-07-25
Medac’s lifeline for entrepreneurs well received, says Wan Junaidi
KUALA LUMPUR, July 25 — The aid provided by the Ministry of Entrepreneur Development and Co-operatives (Medac), to entrepreneurs affected by Covid-19 and the subsequent phases of the movement control order (MCO), has witnessed positive re...
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2020-07-25
Liquidity boost for alternative funding
The launch of a secondary market in peer-to-peer (P2P) financing could boost liquidity in the space and potentially attract more investments for SMEs looking to raise funds as they rebuild their business. Better liquidity would also mean shor...
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2020-07-25
Banks to focus on targeted assistance post-moratorium
PETALING JAYA: Banks will focus on targeted assistance upon the expiry of the loan moratorium in September, whereby the moratorium will only be offered to borrowers needing financial assistance, according to CGS-CIMB Equities Research. It said in ...
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2020-07-24
SMEs’ contribution to GDP to fall in 2020
Small and medium enterprises (SMEs) may not be able to achieve the expected GDP contribution of 41% this year due to weak economic conditions brought upon by the Covid-19 pandemic. Bank Islam Malaysia Bhd (BIMB) chief economist Dr Mohd Afzanizam A...
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2020-07-24
FGV to expand animal feed business nationwide
KUALA LUMPUR: FGV Holdings Bhd (FHB) will partner with more small and medium enterprise (SME) distributors to expand animal feed and animal nutrition business and penetrate the nationwide market more effectively. This week, FHB, through its subsid...