SME News
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2020-10-22
Modest recovery in business conditions for Q3
KUALA LUMPUR: The Business Conditions Index (BCI) posted a modest recovery of 25.3 points in the third quarter (Q3) of 2020, settling at 86.3 points as compared to a major drop of 22.0 points in Q2, indicating a boost in manufacturers’ con...
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2020-10-22
Affin Bank offers new financing scheme for start-ups
KUALA LUMPUR: Affin Bank Bhd has launched BizDana-I Financing Scheme, a financing scheme worth RM15 million specifically for start-up businesses. The bank said the scheme was to assist ambitious start-up entrepreneurs who have feasible projects an...
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2020-10-22
Employers confused as work from home order begins
PETALING JAYA: Employer groups have called for clarification of the rules under the work from home order, which comes into effect today in areas under the conditional movement control order (CMCO). The government has announced that employees invol...
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2020-10-22
Virtual business summit rises to current challenges
The annual Selangor International Business Summit 2020 (SIBS) made history by moving the four-day programme online in light of the Covid-19 pandemic. SIBS 2020 was also the first state-led virtual platform set up to inspire new ways of doing busin...
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2020-10-22
Prihatin approves wage subsidies totalling RM11.9b
A total of RM11.99 billion in wage subsidies has been approved to benefit more than 322,134 employers and over 2.6 million employees through the Wage Subsidy Programme (PSU) under the Prihatin Rakyat Economic Stimulus Package as of Oct 9. Finance ...