SME News
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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
RM100mil digital grant to spur digital revolution among MSMEs
KUALA LUMPUR: The RM100 million Geran Digital PMKS MADANI (GDPM) introduced under Budget 2023 is expected to spur a digital revolution among Micro, Small, and Medium Enterprises (MSMEs) and small hawkers. The GDPM is a matching grant programme int...
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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...
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2023-09-25
Most SMEs in Samenta survey expect ‘fair’ business prospects in 2024
PETALING JAYA: More than half of local SMEs anticipate fair business prospects in 2024, due to weak domestic demand and uncertainties in the export market, the Small and Medium Enterprises Association (Samenta) said. Based on its annual surve...
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2023-09-25
Bolstering the potential of new economy startups
HSBC boosts support for ecosystem of innovation focused on helping fast-growing early-stage companies expand WITH Asia Pacific attracting more than a quarter of the total global private investment, the region is rapidly catching up with North Amer...

