SME News
-
2020-09-02
Stamp duty exemptions for M&As among SMEs
The government is providing a stamp duty exemption to Malaysian-owned small and medium enterprises (SMEs) for merger and acquisition (M&A) activities, aimed to build the capacity of local companies and support SMEs affected in the current la...
-
2020-09-02
MDEC, Mastercard ink MoU to support digital initiatives
Micro, small and medium-sized enterprises (MSMEs) especially in the rural and suburban areas will soon be able to secure loans from banks and be exposed to e-commerce with the roll-out of Malaysia’s digital economy initiative. Such an opport...
-
2020-09-02
MIDF scheme for SMEs to adopt digitisation
KUALA LUMPUR: Malaysian Industrial Development Finance Bhd (MIDF), through its Development Finance Division (DFD), has introduced the Soft Financing Scheme for Digital and Technology (SFDT). The SFDT, channelled through the International Trade and...
-
2020-09-02
Over 109,000 post-moratorium assistance requests approved
Banks have approved a total of 109,172 post-loan moratorium financial repayment assistance requests for individuals since Aug 7, said Deputy Finance Minister II Mohd Shahar Abdullah. In total, 139,424 applications for financing repayment assistanc...
-
2020-09-02
StanChart, CGC extend financial assistance to SMEs
KUCHING: Standard Chartered Malaysia and Credit Guarantee Corporation (CGC) signed an agreement that will make available MYR100 million in financing to help small and medium enterprises (SMEs) struggling with liquidity challenges in the aftermath of ...