SME News
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2020-07-08
Tengku Zafrul: Loan repayment moratorium valued at RM51.4b as of July 6
KUALA LUMPUR, July 8 — The moratorium on loan repayments by financial institutions, which took effect on April 1 as part of the Prihatin Rakyat Economic Stimulus Package (Prihatin), is estimated to be worth RM51.4 billion as at July 6. Finan...
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2020-07-08
Sabah tourism players seek bailout, not keen on workers’ retention scheme
KOTA KINABALU: Tourism operators in Sabah have called for a government bailout as opposed to the workers’ retention scheme to help them get back on track following the three-month Covid-19 lockdown. Malaysian Association of Tour and Travel A...
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2020-07-08
EAC organises over 150 engagement sessions with 23 industries
KUALA LUMPUR, July 8 — The Economic Action Council (EAC) has held more than 150 engagement sessions with 23 industries including digital economy, education, investment, small and medium enterprise, manufacturing, tourism, transportation and hea...
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2020-07-08
Giving SMEs a helping hand
In light of the Covid-19 pandemic and the movement control order (MCO), Astro has introduced three initiatives to support small and medium enterprises (SMEs) in Malaysia. SMEs, which account for over 90% of all businesses in Malaysia, form the b...
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2020-07-08
Maybank and CGS launch Malaysia’s first overdraft-term loan hybrid facility for SMEs
PETALING JAYA: Malayan Banking Bhd (Maybank) and Credit Guarantee Corporation (CGC) launched SME Clean Loan/Financing Plus, a hybrid loan facility which combines overdraft and term loan to aid small and medium enterprises in their cash flow mana...