SME News
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2020-07-08
Maybank and CGS launch Malaysia’s first overdraft-term loan hybrid facility for SMEs
PETALING JAYA: Malayan Banking Bhd (Maybank) and Credit Guarantee Corporation (CGC) launched SME Clean Loan/Financing Plus, a hybrid loan facility which combines overdraft and term loan to aid small and medium enterprises in their cash flow mana...
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2020-07-08
Support Malaysia’s aerospace industry, urges MAIA
The Covid-19 pandemic has brought the aerospace industry to its knees as national borders have been closed to contain the spread of the coronavirus, which has resulted in the grounding of thousands of aircraft globally. Airlines not already b...
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2020-07-07
Shopee aims to reinvigorate economy under Penjana
Shopee Malaysia will be giving some 30,000 micro, and small and medium enterprises (SMEs) more than RM1,500 in seller benefits. This is a part of the e-commerce platform’s commitment to the short-term National Economic Recovery Plan (Penjana...
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2020-07-07
PUNB aims to approve RM220m financing for 385 companies
Perbadanan Usahawan Nasional Bhd (PUNB) aims to invest some RM220 million in 385 companies this year. The group has funded a sum of RM58.8 million for 97 Bumiputera entrepreneurs nationwide in the first five months of 2020 with the highest amount ...
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2020-07-07
Cisco unveils Malaysian financing packages for Covid-19 struck SMEs
Cisco has rolled out a new financing program targeting small and medium-sized enterprise (SME) customers in Malaysia, designed to mitigate against ongoing Covid-19 challenges. Centred around offering product purchases at zero per cent interest, th...