SME News
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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 ...
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2021-12-17
SME Bank collaborates with MII to launch anti-corruption plan
KUALA LUMPUR: Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) collaboration with the Malaysian Institute of Integrity (MII), has launched the SME Bank Organizational Anti-Corruption Plan 2020-2024 (SME Bank OACP). SME Bank said th...
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2021-12-17
Ensure fairness in enforcing SOP, authorities urged
PETALING JAYA: Fairness in law enforcement and dispensing of penalties have been cited as important factors in addressing violations of the standard operating procedures (SOP) to curb the spread of Covid-19. More pertinent than the severity o...