SME News
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2022-08-01
Sarawak gets into hydrogen-powered fuel cell electric vehicles
KUCHING: Sarawak is set to host a automotive assembly plant to produce hydrogen-powered fuel cell electric vehicles (FCEVs). The proposed plant will help bring down the cost of hydrogen-powered FCEVs in line with the Sarawak government’s pol...
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2022-08-01
Alliance Bank offers syariah-compliant digital SME financing option to MSME
KUALA LUMPUR: Alliance Bank Malaysia Bhd has introduced a new syariah-compliant financing option through its digital SME solution to assist micro and small businesses, especially those operating in the halal industry or those who prefer an Islamic-pe...
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2022-08-01
Modest improvement for manufacturing sector in Malaysia
KUALA LUMPUR: The operating conditions in the manufacturing sector in Malaysia saw an improvement last month in line with a modest increase in the purchasing manager index (PMI) across Asean in July. In Malaysia, the PMI rose to 50.6 last month, u...
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2022-08-01
Quotas at malls alone won’t help, says Malay business group
PETALING JAYA: A quota for Bumiputera traders at malls owned by government-linked companies (GLC) will not help these entrepreneurs compared to having a comprehensive plan aimed at encouraging them to do business, says a Malay business group. The ...
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2022-08-01
CIMB offers RM5m SME-friendly initiative to MSMEs in NCER
KUALA LUMPUR (Aug 1): CIMB Bank Bhd and CIMB Islamic Bank Bhd are offering the NCIA-CIMB Entrepreneur Scheme (NCES) to eligible micro, small and medium entrepreneurs (MSMEs) in the northern region, namely the states of Perlis, Kedah, Penang, and...