SME News
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2021-10-01
Construction sector lost RM42b since MCO 1.0
THE construction sector’s losses since the first Movement Control Order (MCO) was enforced starting March 2020 amounted to RM42 billion to date. Senior Works Minister Datuk Seri Fadillah Yusof said of the total, RM18 billion was the estimate...
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2021-09-30
RM20mil in loans distributed under Spumi
KUALA LUMPUR: The government has channelled loans valued at RM19.96mil to 818 micro small and medium enterprises (MSMEs) under the Indian Community Entrepreneur Development Scheme or Spumi as of Aug 20, 2021. Finance Minister Tengku Datuk Seri Zaf...
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2021-09-30
RAM survey shows SME business confidence improved on relaxation of restrictions, but overall pessimistic sentiment still lingers
KUALA LUMPUR (Sept 30): The RAM Business Confidence Index (RAM BCI) survey for the third quarter this year (3Q21) showed that business sentiment of Malaysian small and medium enterprises (SMEs) has improved amid the relaxation of restrictions and reo...
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2021-09-30
The Artisans Haven, Affin Bank offer Smart Solutions for SMEs homegrown businesses
THE Artisans’ Haven (TAH) has partnered Affin Bank Bhd to launch its smart Solutions Services, which is expanded from its base handmade product range to include 15 technological solutions and competitive business tools in Technology, Innov...
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2021-09-30
Lending support
PETALING JAYA: Bank Negara has warned that Malaysia’s economic recovery could take a hit, if a pullback in bank lending becomes more pervasive due to heightened concerns over banks’ asset quality. In its Financial Stability Review (FSR...