SME News
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2020-03-28
Bank Negara increases fund for SMEs to RM13.1b
KUALA LUMPUR, March 27 — Bank Negara Malaysia (BNM) has increased its allocation for BNM’s Fund for SMEs (small and medium enterprises) by an additional RM4 billion to RM13.1 billion as an enhancement measure to further support SMEs and i...
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2020-03-28
Mah Sing Group: Prihatin package assists vulnerable groups, SME
KUALA LUMPUR, March 27 — Property developer Mah Sing Group Bhd has described the Prihatin Rakyat Economic Stimulus Package (Prihatin) as a decisive and substantial set of proposals to address the quandary faced by the vulnerable groups and sect...
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2020-03-28
Not much benefit seen for SMEs, says association chief
PETALING JAYA: Small and medium-sized enterprises (SMEs) do not benefit much from the new stimulus package, says Datuk Michael Kang. The SME Association of Malaysia president said the industry was disappointed with the stimulus package and predict...
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2020-03-28
Mixed reactions over stimulus package
KUALA LUMPUR: The Malaysian Medical Association (MMA) is elated over the special allowance allocated for healthcare workers under the Prihatin Rakyat Economic Stimulus Package. In expressing gratitude, MMA president Dr N. Ganabaskaran described Pr...
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2020-03-28
PM: SMEs get RM4.5b in credit to stem Covid-19 fallout
KUALA LUMPUR, March 27 — Small and medium enterprises, including microbusinesses, will receive an additional RM4.5 billion in credit to help stem the fallout from Covid-19, the government announced today. RM3 billion of the amount will go to...