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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2022-07-14
MATRADE eyes cumulative export increase of RM5 bil by 2025
KUALA LUMPUR (July 13): Malaysia External Trade Development Corporation (MATRADE) eyes to achieve a cumulative export increase of RM5 billion by 2025, to be contributed by 380 Mid-Tier Companies (MTC) under its Mid-Tier Compa...
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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
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...
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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...