SME News
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2020-10-03
Malaysia will not re-impose coronavirus curbs for now despite spike
KUALA LUMPUR (Reuters) – Malaysia will not re-impose widespread coronavirus restrictions on travel despite a recent spike in infections, which a government minister said was partly caused by migrants from neighbouring countries. Malaysia imp...
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2020-10-01
Act fast to attract MNCs, Johor urged
JOHOR BARU: Johor is in a good position to attract more multinational corporations (MNCs) based in China to relocate their operations to Iskandar Malaysia. Johor South SME advisor Teh Kee Sin said the state government and Iskandar Regional Develop...
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2020-10-01
Loan restructuring is possible
PETALING JAYA: As the automatic loan moratorium period ends, individuals and businesses facing problems in making repayment this month can still come forward and seek help. Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) ...
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2020-10-01
98% approval rate for borrowers seeking targeted repayment assistance
The banking industry has already processed the vast majority of applications received for targeted repayment assistance, with a 98 per cent approval rate for individuals and small and medium enterprises (SMEs) as of mid-September. In a joint state...
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2020-10-01
RHB Investment Bank upgrades Malaysia’s 2021 GDP growth forecast to seven per cent
KUALA LUMPUR, Oct 1 — RHB Investment Bank Bhd (RHBIB) has upgraded its 2021 real gross domestic product (GDP) growth projection for Malaysia to seven per cent year-on-year (y-o-y) from four per cent y-o-y earlier. The revision in outlook was...

