SME News
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2020-05-02
Agrobank won’t impose additional profit charges during six-month automatic moratorium
KUALA LUMPUR: Bank Pertanian Malaysia Bhd (Agrobank) said it won't impose any additional profit charges on all eligible customers during the six-month automatic moratorium period. It is believed Agrobank, one of the largest development financi...
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2020-05-02
Finance Minister urges banks to waive accrued interest during HP loan moratorium period
KUALA LUMPUR: Finance Minister Tengku Datuk Seri Zafrul Aziz has suggested that accrued interest or profit imposed by financial institutions on hire purchase customers be waived during the six-month moratorium period. He said there were banks that...
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2020-04-30
SME entrepreneurs need to seize opportunities offered by the govt during MCO
KUALA LUMPUR, April 29 — Small and medium enterprises (SMEs) need to seize the oppotunities offered by the government during the Movement Control Period (MCO) through the additional Prihatin SME Economic Stimulus package worth RM10 bilion. D...
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2020-04-30
RM12.42 mln approved for 307 successful SMCS applicants
KUCHING: A total RM12.42 million has already been approved for 307 successful applicants of Sarawak Micro Credit Scheme (SMCS). Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan said SMCS has received many applications after it was opened on...
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2020-04-30
Govt subsidises 30pc of salary payments for SMEs, reports Apec SME Forum rep
KUALA LUMPUR, April 29 — The government has subsidised about 30 per cent of salary payments for small and medium entrepreneurs (SMEs) during the Movement Control Order (MCO) to avoid retrenchment and reduce the number of people retrenched. N...