SME News
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2020-09-24
OCBC Malaysia banks on digital for growth
It is undeniable that digitalisation will expand the reach of banks, especially the foreign ones in Malaysia that have a limited number of branches, but how effective is it in terms of translating into new customers and revenue? Data shows th...
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2020-09-24
OCBC Bank's 'FRANK by OCBC' digital initiative
KUALA LUMPUR: OCBC Bank (Malaysia) Bhd introduced its latest digital banking initiative that offers the mobile generation greater personal control over their finances, namely FRANK by OCBC. In a statement on Wednesday, OCBC said the initiative see...
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2020-09-24
Experts differ on whether snap elections will stabilise the economy
PETALING JAYA: An economist and the head of a business association are divided over whether snap elections can help stabilise the economy, given that the country’s current political tussle has negatively impacted the Malaysian stock market and ...
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2020-09-24
Penang small traders hit again with new Covid-19 cases
GEORGE TOWN: Penang’s economy saw some improvement when the Covid-19 lockdown was lifted in June. The traditional mainstay industry – tourism – and the food business picked up and hotels were recording near full-occupancy over the w...
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2020-09-24
As loan moratorium deadline looms, bankers advise borrowers to readjust spending from Oct 1
KUALA LUMPUR, Sept 24 — Malaysian borrowers who have gotten used to having more cash to spend during the six-month moratorium or temporary suspension of loan payments should adjust their spending levels from next month onwards, as their disposa...