SME News
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2020-04-21
P2P operators offer SMEs deferment plans, refinancing programmes
Peer-to-peer (P2P) financing platforms that raised a combined RM632.28 million for small and medium enterprises (SMEs), as of the end of 2019, are coming out with various solutions to help these businesses weather the Covid-19 crisis. The fo...
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2020-04-20
Textile, clothing and footwear industry in a meltdown
MORE textile, clothing and footwear manufacturers and retailers are likely to shutter due to plummeting global demand as hundreds of millions of people are put on lockdown and the world battles one of the worst health crises this century. Textile ...
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2020-04-20
SMEs urged to be cautious against scams involving stimulus package, relief measures
PETALING JAYA: Small and medium enterprises (SMEs) have been cautioned against scam syndicates which deploy scam tactics with the intention to deceive unsuspecting victims that may result in monetary losses and risk compromising their sensitive banki...
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2020-04-20
S&P: Jobs lost to Covid-19 could be slow to win back
KUALA LUMPUR (April 20): Malaysians in the small and medium enterprises (SMEs) segment are seen as among those vulnerable to households' debt-servicing capacity. Unemployment rates could surge by well over 3 percentage points, or more than twi...
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2020-04-20
Good ratings a shot in arm for govt if funds needed
KUALA LUMPUR: Malaysia’s good ratings, complemented by the depth of the country’s capital market, is a shot in the arm for the government if the need arises for it to raise additional fund to further stimulate the domestic economy hampere...