SME News
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2021-12-20
SEB adds solar power
KUCHING: Sarawak Energy Bhd (SEB) aims to incorporate 300 megawatt (MW) of large-scale solar power in its electricity generation mix. The state-owned utility body expects this to be achieved by 2030, according to its group chief executive officer ...
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2021-12-20
Putrajaya announces more flood relief funding for individuals and businesses
KUALA LUMPUR, Dec 20 — The federal government will give each head of household affected by the recent floods RM1,000, the prime minister announced this evening. Datuk Seri Ismail Sabri Yaakob also said that small and medium businesses can ap...
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2021-12-20
Bank Negara announces RM200m flood relief financing aid for MSMEs
KUALA LUMPUR, Dec 20 — Bank Negara Malaysia (BNM) has announced the availability of RM200 million financing aid for micro and small and medium enterprises (MSMEs) affected by the recent floods under the Disaster Relief Facility 2022 (DRF 2022)....
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2021-12-20
Reinvigorating the economy with halal business linkages
THE State of Global Islamic Economy Report 2020/21 shows that Malaysia has again achieved the highest ranking in the overall Global Islamic Economy Indicator (GIEI) for the eighth consecutive year. This indicator covers 81 countries. The report al...
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2021-12-20
Kenanga allocates US$7.1 mil for SMEs looking to raise Islamic Financing on CapBay’s P2P platform
In a boost for SMEs seeking shariah compliant financing, Bay Group Holdings Sdn Bhd, which operates as CapBay, a Malaysian multi-bank supply chain finance and peer-to-peer financing (P2P) platform has secured US$7.1 million (RM30 million) investment ...