SME News
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2020-10-15
Small businesses relieved still able to operate under CMCO, but expect drop in sales with less footfall
KUALA LUMPUR, Oct 15 — As the conditional movement control order (CMCO) came into force in Klang Valley yesterday, some small business owners expressed concern of making ends meet in the coming weeks as people are being told to stay at home. ...
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2020-10-15
Digitalisation: The key survival skill for SMEs under Covid-19
The Movement Control Order (MCO), first imposed in Malaysia in mid-March to flatten the Covid-19 curve forced SMEs to embrace digitalisation and go online, to cope with office closures, restricted movement and supply interruption. Looking to survi...
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2020-10-15
Around 480,000 individuals and 34,400 SMEs get repayment aid
Banking institutions have facilitated requests for repayment assistance for about 480,000 individuals and 34,400 small and medium enterprises (SMEs) in sectors affected by the Covid-19 pandemic following the end of the six-month blanket loan moratori...
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2020-10-15
Malaysia remains a preferred investment destination, says Mida
KUALA LUMPUR, Oct 15 — Malaysia continues to be a preferred investment destination by the international business community despite the challenging global economic environment with Johor being one of the top recipients of these investments, the ...
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2020-10-15
Relief measures helping to tide many businesses
KUALA LUMPUR: The share of firms at risk is expected to rise further by end-2020 as more businesses may struggle to adapt to new operating conditions. However, relief measures introduced by the Government and banks are helping to tide many bu...