SME News
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2020-07-16
XOX to provide RM1bil micro-financing to individuals, small businesses
KUALA LUMPUR: XOX Bhd, which holds an e-wallet licence (XOX eWallet), will provide micro-financing to the tune of RM1 billion to its 2.2 million subscribers. The company's subsidiary XOX Media Sdn Bhd has inked a partnership agreement with Wet...
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2020-07-16
Physically absent, yet productive in the digital world
In 1995, when the film “The Net” was released, not many thought that the concept in the movie would become a reality. The struggle faced by the main character, Angela Bennet, played by Sandra Bullock — her interpersonal relations...
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2020-07-16
Malaysian businesses to feel the pinch from Singapore recession
PETALING JAYA: An economist has warned that Singapore’s slump into a recession will have wide-ranging consequences for Malaysia, the republic’s second largest trading partner after China. Juita Mohamad of the Institute of Strategic and...
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2020-07-16
UOB Malaysia to continue helping borrowers beyond moratorium
KUALA LUMPUR: United Overseas Bank (Malaysia) Bhd (UOB Malaysia) today says it will continue to assist customers beyond the loan moratorium to help them manage the prolonged impact of the Covid-19 pandemic on their businesses and personal financial s...
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2020-07-16
Govt receives 38 approved applications for TBRS scheme
KUALA LUMPUR: The government via the National Entrepreneur Group Economic Fund (Tekun Nasional) has approved 38 applications worth RM302,000 for Tekun Business Recovery Scheme (TBRS) within four days of its launch on Monday. Finance Minister Tengk...