SME News
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2020-07-01
Malaysian manufacturing returns to growth in June
PETALING JAYA: Malaysia’s manufacturing sector returned to growth in June, rising sharply to 51.0, its highest since September 2018. This was up from 45.6 in May, indicating an improvement in the health of Malaysia’s goods producing ...
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2020-06-30
Consider targeted moratorium extension to B40 and SMEs, banks told
Banks should consider extending the loan moratorium to bottom 40% (B40) income households and small and medium enterprises (SMEs), instead of a blanket moratorium to all, said an economist. Sunway University Business School economics Professor Dr ...
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2020-06-30
MARA, PetDag to co-develop and enhance capabilities of food, automotive SMEs
KUALA LUMPUR (June 29): Majlis Amanah Rakyat (MARA) and Petronas Dagangan Bhd (PDB) has signed a memorandum of understanding (MoU) to co-develop and enhance the capability and competitiveness of the Bumiputera small and medium enterprises (SMEs), esp...
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2020-06-30
Loan moratorium extension? Maybank doesn't think so
KUALA LUMPUR: Malayan Banking Bhd (Maybank) does not think the loan moratorium will be extended past September. Maybank group president and chief executive officer Datuk Abdul Farid Alias said the current six-month period was "good enough&quo...
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2020-06-30
CIMB to help select sectors after loan moratorium ends
KUALA LUMPUR: Banking group CIMB says it will support borrowers hardest hit by the Covid-19 pandemic including restructuring loan terms, as the moratorium period is set to expire in three months’ time. CIMB Group Holdings CEO Abdul Rahman Ah...

