SME News
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2022-03-30
Tourism, hoteliers race to welcome travellers on April 1
TOURISM operators are now racing to get ready in time to welcome travellers locally and abroad, after the nation’s borders were shut for two years. The Malaysian Association of Tour and Travel Agents (Matta) VP (inbound and domestic) Gannees...
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2022-03-30
Alternative fundings key to support growth of innovative firms, promote financial stability: Bank Negara
KUALA LUMPUR: Beyond bank financing, alternative sources of financing and financial instruments are key to support the growth of innovative firms and promote longer-term financial stability, Bank Negara Malaysia said. Bank Negara, in its 2021 Annu...
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2022-03-30
SMEs loan under repayment assistance remains high at 36.5%, new application moderated
KUALA LUMPUR: The small and medium enterprises (SMEs) loans under the repayment assistance remained high at 36.5 per cent of total SME loans in December 2021 or 5.7 per cent of total loans from banks and development financial institutions but moderat...
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2022-03-30
Malaysian banks to face tightening in funding conditions in 2022: BNM
KUALA LUMPUR: Malaysian banks are expected to face some tightening in funding conditions in 2022, said Bank Negara Malaysia (BNM). In its Financial Stability Review (FSR) for Second Half 2021 report released today, BNM said monetary policy normali...
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2022-03-30
BNM: SME loan restructuring requests down from July 2021 peak
KUALA LUMPUR (March 30): The decelerating number of new applications among small and medium enterprises (SMEs) for rescheduling and restructuring (R&R) from its July 2021 peak signalled greater confidence among SMEs of their ability to servi...