SME News
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2022-06-30
Malaysia's banking system remains well capitalised to support economic recovery
KUALA LUMPUR: Malaysia’s banking system remains well capitalised to support economic recovery, said Bank Negara Malaysia (BNM). The central bank said capital ratios rose marginally in May 2022, driven by valuation gains on available-for-sale...
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2022-06-30
Malaysia's inflation rate among lowest in the world, says Annuar Musa
PETALING JAYA: Malaysia’s inflation rate remains among the lowest in the world due to the government’s commitment to controlling the prices of goods and necessities, says Tan Sri Annuar Musa. The Communications and Multimedia Minister ...
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2022-06-30
Majority of Malaysian SMEs keen on using digital banking services — Visa
KUALA LUMPUR (June 30): A majority of Malaysian small and medium enterprises (SMEs) have expressed interest to bank with digital banks, which is extremely timely given Bank Negara Malaysia’s recent announcement of the awarding of five digital b...
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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...