SME News
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2021-07-01
MIDF Amanah Investment Bank maintains Malaysia’s GDP forecast at 4.6pc
KUALA LUMPUR, July 1 — MIDF Amanah Investment Bank Bhd has maintained its gross domestic product (GDP) forecast at 4.6 per cent this year as the extension of the lockdown is expected to affect certain business segments due to the temporary clos...
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2021-07-01
Tengku Zafrul: Moratorium estimated at RM80bil, Malaysia only country implementing it for second time
KUALA LUMPUR (Bernama): The six-month moratorium offered through the National People's Well-Being and Economic Recovery Package (Pemulih) is estimated to bring relief of up to RM80bil to individual and business borrowers, says Finance Minister Te...
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2021-07-01
Covid-19: Medac plans to introduce insurance scheme for small entrepreneurs in B40 group, says minister
KUALA LUMPUR, July 1 — The Ministry of Entrepreneur Development and Cooperatives (Medac) is planning to introduce an insurance scheme for micro entrepreneurs and informal business operators in the B40 group nationwide. Its minister Datuk Ser...
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2021-07-01
Putrajaya should have adopted ‘opt-out’ approach for automatic loan moratorium, says think-tank
KUALA LUMPUR, July 1 - Emir Research has viewed that the automatic loan moratorium announced under the government’s RM150 billion National People’s Well Being and Economic Recovery Package (Pemulih) recently should be an “...
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2021-07-01
Defer repayment of civil servants’ housing loans, says Cuepacs
PETALING JAYA: Cuepacs has urged the government and Public Sector Home Financing Board (LPPSA) to defer housing loans taken by civil servants. Adnan Mat, the president of the umbrella body for civil services unions, said the reasoning that current...