SME News
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2020-04-04
MCO: Malaysia runs risk of SME-reliant MNCs taking business elsewhere, warns AmCham
KUALA LUMPUR, April 3 — The American Malaysian Chamber of Commerce (AmCham) today warned that the temporary halt on small and medium enterprises (SME) due to the movement control order (MCO) will cause multinational companies (MNC) that work cl...
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2020-04-04
Finance Ministry planning special stimulus package for SMEs
KUALA LUMPUR, April 3 — The Finance Ministry (MOF) is in the midst of refining a special stimulus package for the small and medium-sized enterprises (SMEs) to ease their current difficulties. Its minister, Datuk Seri Tengku Zafrul Aziz, said...
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2020-04-04
MDEC partners KK Fund to Virtually Bridge Malaysian Tech Startups With Global Investors
The Malaysia Digital Economy Corporation (MDEC) and KK Fund Pte Ltd today announced a virtual investor-matching initiative for local startups that are seeking capital injection amid the current economic slowdown. Japanese backed KK Fund is a familiar...
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2020-04-03
Local aerospace players seek nod to operate in controlled manner: MAIA
KUALA LUMPUR: Tier-1 or Tier-2 aircraft components suppliers in Malaysia will likely be ousted from commercial aircraft original equipment manufacturers’ (OEMs) supply chain if they cannot continue operating amid the temporary movement control ...
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2020-04-03
Banks being difficult with loans, says SME group
PETALING JAYA: A task force from a group of small and medium-sized enterprises (SMEs) and industries today accused banks of being difficult over loan applications for SMEs, warning that this could spell doom for some in the sector. According to a ...