SME News
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2020-10-07
Govt to consider reviewing fintech policies, Mohd Shahar says
KUALA LUMPUR: Although Malaysia has made considerable progress in the application of financial technology (fintech) towards financial inclusion, the government will consider reviewing its existing policies to address several issues in the sector, say...
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2020-10-07
Finance Ministry hopes Malaysia’s economic recovery momentum can be maintained
KUALA LUMPUR, Oct 7 — The Finance Ministry hopes the momentum of economic recovery would be maintained through Budget 2021, which will be announced on November 6. Its minister, Tengku Datuk Seri Zafrul Abdul Aziz, said the national eco...
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2020-10-06
SMEs still struggling with cash-flow issues
Three months into the less stringent Recovery Movement Control Order (RMCO) phase, more people are confident about venturing out of their homes as evident from the peak hour traffic, increased footfall in malls and lit-up office buildings. De...
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2020-10-06
Facebook Malaysia launches small business grant programme
KUALA LUMPUR: Facebook Malaysia is launching its Small Business Grant Programme to support over 300 local small businesses, for which about RM3.2 million has been allocated. Its country director, Nicole Tan said each grant amounts to RM9,400, whic...
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2020-10-06
Govt may cut Budget 2021 spending on lower revenue
The government will likely reduce spending in the upcoming federal budget as concerns over a new wave of Covid-19 cases are expected to put further pressure on revenues already hurt by low crude oil prices. Putrajaya had rolled out stimulus p...