SME News
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2020-04-01
ABM assures availability of essential banking services during MCO
KUALA LUMPUR, March 31 — The Association of Banks in Malaysia (ABM) has given an assurance that essential banking services of its member banks including the processing and approval of loans will continue to be made available while the nation is...
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2020-03-31
Azmin: Firms sent over 11,000 applications for MCO exemptions, around 4,000 approved
KUALA LUMPUR, March 30 — The government gave some 4,000 companies approval to operate during the nationwide movement control order (MCO), International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali said today. The senior minister ...
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2020-03-31
Give interest-free loans to SMEs, Putrajaya told
GEORGE TOWN, March 30 — Putrajaya should include zero-interest loans for small- and medium-sized enterprises (SME) as part of the Covid-19 economic stimulus, Bukit Tengah assemblyman Gooi Hsiao Leung suggested today. The PKR assemblyman clai...
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2020-03-31
Covid-19: Malaysia SMEs see zero cash inflow for at least three months due to MCO
KUALA LUMPUR (March 30): Malaysia small and medium enterprises (SMEs) said today they expect no cash inflow for at least three months due to the nation’s ongoing movement control order (MCO) to curb the spread of the Covid-19 pandemic. Malay...
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2020-03-31
Extend income tax deferment for SMEs, MARC urges
KUALA LUMPUR: The government could consider an extension for deferment of income tax instalments for all small and medium-sized enterprises (SMEs) until December 2020, Malaysian Rating Corporation (MARC) says. The rating agency had on Monday point...