SME News
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2023-09-26
Malaysia's FDI set to rise on friend-shoring as PM Anwar raises country's profile
KUALA LUMPUR: Malaysia's foreign direct investment is anticipated to rise more strongly, augmented by "friend-shoring" policies promoted by the US government and Prime Minister Datuk Seri Anwar Ibrahim's moves to enhance the co...
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2023-09-26
Ewon urges MSMES to integrate ESG practices to access global market
GEORGE TOWN (Sept 26): Micro, small and medium enterprises (MSME) have been urged to integrate environmental, social and governance (ESG) practices into their business operations to gain more opportunities in the global market. Entrepreneurs...
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2023-09-26
Malaysia commits RM2b in seed funding for energy transition projects
The Malaysian government will allocate RM2 billion (S$582 million) as seed funding for the National Energy Transition Facility, to enable catalytic blended finance for energy transition projects, Prime Minister Anwar Ibrahim said at an energy confere...
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2023-09-26
Funding Societies raises US$27 million in debt funding from institutional investors
KUALA LUMPUR: Modalku Ventures Sdn Bhd, the operator of Funding Societies Malaysia, has raised a debt of US$27 million (RM126 million). This debt funding was led by Asia-focused private credit financier AlteriQ Global, with multi-family office Aum...
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2023-09-26
SC, SME Corp ink MoU to facilitate capital market financing for MSMEs
PETALING JAYA: The Securities Commission (SC) has signed a memorandum of understanding with SME Corporation Malaysia (SME Corp) to facilitate greater access to capital market financing for micro, small and medium enterprises (MSMEs). The MoU is ex...