SME News
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2023-01-11
World Bank sees 4% economic growth for Malaysia in 2023
PETALING JAYA: The Malaysian economy is projected to grow at a more moderate pace of 4% in 2023, according to the World Bank. The is down from an estimated 7.8% growth expected for 2022, the bank’s just released Global Economic Prospects rep...
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2023-01-11
Recovery in property market expected to extend into 2023
PETALING JAYA: Apart from the residential segment, which is likely to face some headwinds, the Malaysian property market is expected to see continued growth this year. Property consultant Knight Frank Malaysia (KFM) expects the residential, office...
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2023-01-11
Rural infrastructure development in Sabah, Sarawak needs to be on par with Peninsular Malaysia
KUALA LUMPUR (Jan 10): Infrastructure development in rural areas in Sabah and Sarawak have to be on par with the infrastructure level of rurals areas in Peninsular Malaysia, Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said. Ahmad Z...
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2023-01-10
Entrepreneur Development Ministry defers RM128.6mil repayment for microcredit loans
PUTRAJAYA: The Entrepreneur Development and Cooperatives Ministry has decided to postpone repayments totalling RM128.6mil for microcredit and entrepreneurial loans involving micro, small and medium enterprises (SME) entrepreneurs in states affected b...
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2023-01-10
Funding Societies a white knight for MSMEs in time of need
PETALING JAYA: In a year when multiple global crises unfolded simultaneously in 2022, peer-to-peer (P2P) lending platforms like Funding Societies have been standing resolutely behind Malaysia’s micro small and medium enterprises (MSMEs). Hav...