SME News
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2020-06-29
Hong Leong Bank to help SMEs secure financing under Penjana
KUALA LUMPUR: HONG LEONG BANK BHD will help eligible small and medium enterprises (SMEs) secure working capital of up to RM500,000 under the Penjana SME financing (PSF) scheme. The bank said on Monday it was taking part in the PSF scheme...
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2020-06-29
E&E group urges SST waiver to boost Buy Malaysia Campaign
KUALA LUMPUR (June 29): The RM2 billion Special Relief Fund (SRF) allocation from the government under the RM35 billion Short-Term Economic Recovery Plan (PENJANA) is limited and noticeably slow in disbursements to many small and medium enterprises (...
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2020-06-29
The State of the Nation: An opportune time to reinvent Malaysia’s labour market
Labour markets across the globe are in dire straits as the Covid-19 pandemic has restricted movement and economic activities. The latest unemployment data paints a bleak picture. The US labour market is experiencing its worst downturn since the Gr...
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2020-06-26
Malaysia's unemployment rate will continue to rise as economy slows down, says World Bank
KUALA LUMPUR (June 25): The World Bank has projected that Malaysia's unemployment rate will continue to rise as the economy experiences a sharp slowdown during the second quarter of the year. In its Malaysia Economic Monitor report released to...
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2020-06-26
Malaysia's stimulus packages have softened COVID-19 impact on economy - Mustapa
KUALA LUMPUR (June 25): The Government’s stimulus packages and the short-term economic recovery plan have softened the impact of the COVID-19 pandemic and paved the path towards economic recovery, said Minister in the Prime Minister’s Dep...