SME News
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2022-11-01
Agrobank inks MoU with foodpanda Malaysia to provide financial aid to vendors, delivery partners
KUALA LUMPUR: Agrobank has signed a Memorandum of Understanding (MoU) with foodpanda Malaysia to provide financial aid for foodpanda vendors to start and grow their businesses through HomeChef vertical. With the partnership, foodpanda's vendor...
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2022-11-01
More manufacturers expected to relocate to Penang in 2023, boosting growth
GEORGE TOWN (Nov 1): Penang expects to welcome more manufacturers to relocate to the state next year, said special investment advisor to Penang chief minister, Datuk Seri Lee Kah Choon. He said the relocations will boost the state's economic g...
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2022-11-01
Keeping an eye on SME loans amid rising headwinds
LOANS to small and medium enterprises (SMEs) are continuing to grow at a healthy rate, thanks in part to government support. In view of rising inflation and interest rates, however, as well as growing risks of a global recession next year, how SMEs h...
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2022-10-31
Inflationary pressures remain on challenges
PETALING JAYA: While inflationary pressures seem to have eased based on the latest consumer price index (CPI) figures, economists are not discounting the fact that headline inflation may pick up in the coming quarters. Speaking with StarBiz, AmBan...
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2022-10-31
Bank Islam targets RM4bil syariah-ESG assets by 2025
KUALA LUMPUR: Bank Islam Malaysia Bhd aims to boost its syariah – environmental, social, and governance (ESG) assets to RM4bil by the end of 2025 from RM2.62bil in June 2022. The value in June was 16.4% higher compared to the RM2.25bil recor...