SME News
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2022-07-15
Malaysia not on verge of bankruptcy
PETALING JAYA: The Finance Ministry has refuted recent allegations that Malaysia is on the verge of bankruptcy and highlighted that the government has always been “highly disciplined” in managing its debt levels. The statement was issu...
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2022-07-15
Inflation in developing economies, including Malaysia, may return to normal readings
KUALA LUMPUR: Inflation in developing economies, including Malaysia and Indonesia, is likely to return to more normal readings at a pace akin to those of developed economies. The readings might reflect the relatively heavy use of government subsid...
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2022-07-14
Hong Leong Bank, Paynet to roll out Malaysia's first "cashless kampung" project in Sekinchan
KUALA LUMPUR: Heong Leong Bank Bhd (HLB) has partnered with Payments Network Malaysia Sdn Bhd (PayNet) to roll out "Project Cashless Kampung" at Sekinchan, Selangor, the first non-urban area to be cashless enabled. The project aims to ch...
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2022-07-14
SMEs forced to decline orders
SMALL and medium enterprises (SMEs) are facing lower profit margins as they have to decline large orders due to the ongoing labour crunch. SME Association of Malaysia (SME Malaysia) president Ding Hong Sing explained that besides higher production...
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2022-07-14
Critical for Malaysia to have efficient cross-border payment to support trade - BNM governor
KUALA LUMPUR: It is critical for a small and highly open economy such as Malaysia to have an efficient cross-border payment service to support trade and commerce with its neighbouring countries as well as all countries worldwide. Bank Negara Malay...