SME News
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2022-06-30
TM partners Cisco to accelerate 5G innovation, digital acceleration of SMEs in Malaysia
KUALA LUMPUR (June 30): Telekom Malaysia Bhd (TM) has inked two collaboration agreements with Cisco International Ltd to co-invest in projects for 5G innovation and the digital acceleration of small and medium enterprises (SMEs). The partnership i...
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2022-06-30
SME Banks' assets grow to RM11.4bil, gross financing at RM8bil in 2021
KUALA LUMPUR: SME Bank recorded total assets of RM11.4 billion and an 8.3 per cent increase in gross financing portfolio to RM8 billion in the financial year ended 2021, despite a challenging landscape. The bank said this was due to its ability to...
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2022-06-30
HSBC appoints Karel Doshi as commercial banking business head in Malaysia
KUALA LUMPUR: HSBC has appointed Karel Doshi as head of commercial banking (CMB) in Malaysia, effective July 1. Karel will be responsible for one of the leading commercial banking franchises in Malaysia, servicing SMEs, mid-markets, large corporat...
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2022-06-29
Malaysian businesses optimistic on three-month outlook but worry rising costs could cap recovery — survey
KUALA LUMPUR (June 29): Businesses are firmly optimistic about their outlook in the next three months, according to the 2Q 2022 RAM-CTOS Business Confidence Index (RAM-CTOS BCI) survey, but eight out of 10 of the survey respondents are reporting risi...
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2022-06-29
Australia’s Foreign Minister agrees to introduce investors to Malaysia
PUTRAJAYA: Australian Foreign Minister Penny Wong has agreed to introduce new investors from Australia to invest in Malaysia, said Senior Minister of International Trade and Industry Datuk Seri Mohamed Azmin Ali. Mohamed Azmin said the matter was ...