SME News
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2020-09-21
New World Capital Advisors to expand into Southeast Asia with Malaysia office
KUALA LUMPUR: New World Capital Advisors (NWCA), a London-based merchant banking and investment firm, is expected to establish its presence in South East Asia (SEA) with Malaysia being a strategic hub for the firm. Co-founder and managing partner ...
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2020-09-21
Online boost for local businesses
RHB Banking Group has taken an innovative approach to promote small and medium enterprises (SMEs) to consumers through the RHB #JomSapot campaign. The campaign running from now until Nov 30 is held in conjunction with Malaysia Day celebrations and...
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2020-09-21
OCBC to open over the weekend to facilitate post-moratorium assistance
KUALA LUMPUR: OCBC Bank (M) Bhd will hold a second consecutive post-moratorium loan and financing support weekend on September 26-27. In a statement Monday, OCBC said its Cheras, Kajang, Kepong, Klang, Petaling Jaya, Puchong, Subang Jaya, Melaka, ...
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2020-09-21
Malaysia’s GDP to shrink 6% this year, rebound next year
KUALA LUMPUR: Malaysia’s economy is forecast to shrink by 6% this year due to the impact of the Covid-19 pandemic, but it will rebound 6.6% next year, according to the Global Economic Outlook report from Oxford Economics. The report issued o...
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2020-09-21
SMEs, micro firms still need financial help to stay afloat: RAM
KUALA LUMPUR: Small and medium enterprises (SMEs) and micro businesses still need supportive policies to stay afloat, RAM Holdings Bhd's Business Confidence Survey revealed. The economy remained fragile with uncertain prospects through the nex...