SME News
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2021-07-11
Guan Eng: Govt must instruct banking industry to waive principal interest during six-month moratorium
KUALA LUMPUR, July 11 — A six-month bank loan moratorium announced as part of the National Recovery Plan (NRP) will only be effective if the government ensures the deferment comes without the accrued principal interests, said former finance min...
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2021-07-11
Sibu disaster management committee agrees to Covid-19 vaccination as one of conditions to obtain, renew business licences
SIBU, July 11 — The Sibu Division Disaster Management Committee (SDDMC) agrees with the Sibu Municipal Council’s (MPS) decision to state Covid-19 vaccination as one of the conditions for the renewal or new application of business licences...
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2021-07-11
Accelerated digital goverment
COVID-19 has changed the way we live, and transformed business models and consumer behaviours. It might be the main catalyst governments need to drive innovation. Many sectors that once resisted digitilisation are now compelled to turn to it for...
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2021-07-11
Bank Islam get 108,936 applications under Pemulih repayment aid scheme
KUALA LUMPUR: Bank Islam Malaysia Bhd is currently assisting 108,936 accounts with a total outstanding financing amount of almost RM12.63 billion under its PEMULIH Repayment Assistance (PRA) package since its roll out on July 7, 2021. The bank sai...
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2021-07-08
Ministry: Micro SMEs under great pressure
PETALING JAYA: Malaysia’s micro small and medium enterprise (MSME) sector, which accounts for close to 40% of the country’s gross domestic product, is on the brink of collapsing should the current nationwide lockdown continue in...