SME News
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2020-06-22
RM100 million Selangor fund to help small firms
SHAH ALAM: The Selangor state government has introduced the Selangor Advance financing scheme with a start-up fund of RM100 million to assist small and medium enterprises, especially contractors and service providers in facing economic challenges aft...
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2020-06-22
Franchise business revenue plunges 80%
The franchise industry suffered a significant loss of income during the Movement Control Order (MCO). Domestic Trade and Consumer Affairs Minister Datuk Alexander Nanta Linggi said the decline was particularly in the food and beverages (F&...
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2020-06-22
China Construction Bank collaboration boosts Malaysian participation in 127th Canton Fair
KUALA LUMPUR, June 22 (Xinhua) -- China Construction Bank (CCB) signed a Memorandum of Understanding (MoU) with the One Belt One Road Association Malaysia on Monday for small and medium-sized enterprises (SMEs) to participate in the 127th China Impor...
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2020-06-18
Financial issues, SOP confusion drag construction restart
FINANCIAL constraints and confusion over new standard operating procedures (SOPs) are causes for the slow restart in the construction sector, Construction Industry Development Board (CIDB) said. This is despite the government’s billion-ringg...
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2020-06-18
Learning institutions floundering
KUALA LUMPUR: Faced with a multitude of business disruptions arising from the Covid-19 pandemic and the Movement Control Order (MCO), many private higher-learning institutions may go bust by year end. They were barely keeping afloat even before th...