SME News
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2020-04-03
Retaillers likely to face negative growth for the entire year
KUCHING: In the event of the global Coronavirus Disease 2019 (Covid-19) outbreak and the ongoing domestic political turmoil, the retail consumption pattern here in Malaysia will continue to falter, leading to negative growth rate for the retail indus...
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2020-04-03
BNM’s hedging scheme boosts businesses’ forex dealings
KUALA LUMPUR: There were 105 market participants registered in Bank Negara Malaysia’s dynamic hedging programme as at end-2019, managing a total of US$38 billion in assets. The programme was first introduced in 2016 to provide an avenue for ...
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2020-04-02
Malaysia will not see significant rise of household bad loans
HOUSEHOLD non-performing loans could see a rise, but the moratorium on loan payments will prevent widespread bad debts which will hurt the banking sector. Financial regulators implemented a six-month loan moratorium effective yesterday for all ind...
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2020-04-02
Covid-19: Special Cabinet committee formed to safeguard economy
KUALA LUMPUR, April 2 — The formation of a special Cabinet committee, aimed at developing strategic measures to safeguard the economy while maintaining effective Covid-19 outbreak mitigation measures, was announced today by the Ministry of Inte...
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2020-04-02
Minister promises better aid packages for SMEs
ALOR SETAR, April 2 — The government will improve existing aid packages given to small and medium-sized Enterprises (SMEs) to help them further mitigate the effects of the Covid-19 pandemic, Entrepreneur and Cooperative Development Minister Dat...