SME News
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2020-03-30
SMEs vent out on stimulus
KUALA LUMPUR: The government’s RM250bil stimulus package has not gone down well with owners of small and large businesses. They pointed out that there was no immediate relief for them except for the wage subsidy of RM600 per month for three ...
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2020-03-30
Consumer, retail stocks to benefit from RM250b stimulus package
KUALA LUMPUR: Kenanga Investment Research expects consumer and retail companies to be relative beneficiaries from the RM250bil stimulus package to offset the impact of the Covid-19 coronavirus. It said on Monday the measures were laudable as they ...
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2020-03-28
Bank Negara increases fund for SMEs to RM13.1b
KUALA LUMPUR, March 27 — Bank Negara Malaysia (BNM) has increased its allocation for BNM’s Fund for SMEs (small and medium enterprises) by an additional RM4 billion to RM13.1 billion as an enhancement measure to further support SMEs and i...
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2020-03-28
Mah Sing Group: Prihatin package assists vulnerable groups, SME
KUALA LUMPUR, March 27 — Property developer Mah Sing Group Bhd has described the Prihatin Rakyat Economic Stimulus Package (Prihatin) as a decisive and substantial set of proposals to address the quandary faced by the vulnerable groups and sect...
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2020-03-28
Not much benefit seen for SMEs, says association chief
PETALING JAYA: Small and medium-sized enterprises (SMEs) do not benefit much from the new stimulus package, says Datuk Michael Kang. The SME Association of Malaysia president said the industry was disappointed with the stimulus package and predict...