SME News
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2021-09-24
As life in Malaysia turns digital due to Covid-19, elderly may be left behind
KUALA LUMPUR, Sept 24 — Chin Lam, 67, has been a businessman for decades, and yet he said he finds it hard to trust online banking services. “I feel like somebody can observe what I’m doing, so I’d rather go to the bank and...
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2021-09-24
SME groups call for clearer SOP
PETALING JAYA: Small and medium enterprise (SME) associations are calling for a clearer and more comprehensive standard operating procedure (SOP) in light of further relaxations for several business sectors. Associated Chinese Chambers of Commerce...
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2021-09-23
SME Bank launches Business Exports Programme to create more Bumiputera exporters
KUALA LUMPUR, Sept 23 — A total of 29 companies have been selected to participate in the Business Exports Programme (BEP), which is spearheaded by Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) with the aim of producing Bumipu...
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2021-09-23
Bumiputera equity rule highlights catastrophe in public policy
A Federation of Malaysian Freight Forwarders (FMFF) letter to the minister of international trade and industry Azmin Ali has highlighted the 51% Bumiputera equity requirement in many types of businesses. FMFF president Alvin Chua wrote to seek cla...
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2021-09-23
RM12.43 bln SME soft loans approved as of Sept 10 - Tengku Zafrul
KUALA LUMPUR: Applications for RM12.43 billion under the Small and Medium Enterprises (SMEs) Soft Loans have been approved by local banks and accepted by SMEs as of Sept 10, 2021. Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz (pix) said the...