SME News
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2021-06-11
Matrade rolls out six more initiatives for SME exporters
KUALA LUMPUR: The Malaysia External Trade Development Corp (Matrade) has rolled out six more inititatives under the market development grant (MDG) for exporters amid the Covid-19 pandemic. Matrade said Malaysian small and medium enterprises (SMEs)...
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2021-06-11
BNM approves RM12.1b soft loans for SMEs
About RM12.06 billion of soft loans for small and medium-sized enterprises (SMEs) has been approved by local lenders, facilitated by the central bank. Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said these will benefit 25,605 SMEs ...
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2021-06-11
Govt urged to instruct banks to extend moratoriums
PETALING JAYA: Many business owners in the country say that they cannot go through an extension of the lockdown, as further periods without income means that they may go bust. They say that they still have to service their loans, pay for rental an...
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2021-06-11
Withering business desperate for help
Religious leaders are urging the government to consider allowing fresh flower businesses to operate during the lockdown, as flowers are widely used in prayers. The floral industry is not included in the list of essential services, under the Intern...
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2021-06-10
SMEs in dire need for automatic loan moratorium
The SME Association of Malaysia urges the government to provide automatic bank loans moratorium, interest free without any condition and extends to six months for all borrowers with immediate effect. With the Movement Control Order (MCO...