SME News
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2022-09-07
MDV has channeled funds totalling RM40m to startups
KUALA LUMPUR: Malaysia Debt Venture Bhd (MDV) has disbursed RM40 million of its RM60 million funding target for this year, and it plans to expand its financing services to support more Malaysian technology startups. Chairman Khairul Azwan Harun sa...
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2022-09-06
New online dispute resolution mechanism for SMEs soon, says PM
KUALA LUMPUR: The government will set up a new online dispute resolution mechanism to settle minor disputes among small and medium enterprises (SMEs) and boost cross-border e-commerce activities. Prime Minister Datuk Seri Ismail Sabri Yaakob said ...
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2022-09-06
LGE: BNM should stop hiking OPR as it has no impact on inflation
PETALING JAYA: Bank Negara Malaysia (BNM) has been urged not to further increase its overnight policy rate (OPR) as past efforts had little effect in quelling growing inflationary pressures. In a statement, former finance minister Lim Guan Eng sai...
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2022-09-06
Matrade aims RM50b in 2025 for Malaysian halal exports
MALAYSIAN halal exports were valued at RM30 billion in 2021 and by 2025, Malaysia External Trade Development Corp (Matrade) is targeting to achieve RM50 billion. CEO Datuk Mohd Mustafa Abdul Aziz said according to the Global Islamic Econ...
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2022-09-06
Executives on the production line is a wake-up call, says ex-minister
PETALING JAYA: The acute labour shortage that has forced factories to rope in executives and senior managers to man production lines should serve as a “wake-up call” to the country, a former minister said. Johari Abdul Ghani, a former ...