SME News
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2020-04-28
SMEs running out of cash
PETALING JAYA: The taps are running dry for small and medium enterprises (SMEs) as Malaysia moves into its fourth phase of the movement control order (MCO) tomorrow. Quite a number of them had been squeezed to the maximum and were forced to fold b...
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2020-04-28
Hotels struggling to survive
GEORGE TOWN: The hotel industry in Penang is facing the full brunt of the Covid-19 pandemic and the prolonged movement control order (MCO). At least three hotels in the state – Jazz Hotel, Hotel Penaga and Jerejak Island Resort – and t...
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2020-04-28
XOX Mobile to create 20,000 jobs
KUALA LUMPUR: XOX Bhd’s wholly-owned unit XOX Mobile Sdn Bhd has launched a nationwide campaign that will see the telco creating 20,000 new jobs through its Online Dealer Affiliate Programme. The group said with the economic downturn due to ...
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2020-04-28
MyBHA asks govt to protect hoteliers from Covid-19 impact
KUALA LUMPUR, April 27 — The Malaysia Budget Hotel Association (MyBHA) has asked the government to immediately draft an act to protect hotel owners and operators from the impact of Covid-19. Its national deputy president, Sri Ganesh Michiel ...
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2020-04-28
Kongsi app to help micro enterprises, SMEs overcome cash flow problems
KUALA LUMPUR, April 27 — Malaysian financial technology startup Kongsi is rolling out a non-cash, alternative financing platform aimed at helping micro, small and medium-sized businesses (MSMEs) overcome cash flow problems following the Covid-1...