SME News
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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...
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2020-04-02
Will the economy heal post-MCO? Dr M says yes, but you must work harder
KUALA LUMPUR, April 1 — Former prime minister Tun Dr Mahathir Mohamad today said that the labour force must double its efforts to revive the pandemic-hit economy once the outbreak is contained, as he predicted workers will remain sluggish even ...
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2020-04-02
Offer loans to SME with lower or zero rates amid Covid-19, think tank urges govt
KUALA LUMPUR, April 1 — Political research outfit Political Studies for Change (KPRU) has urged the government to offer small and medium enterprises (SME) more accessible loan with lower or zero interest rates as added measures to cushion the e...