SME News
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2023-09-26
RM100mil digital grant to spur digital revolution among MSMEs
KUALA LUMPUR: The RM100 million Geran Digital PMKS MADANI (GDPM) introduced under Budget 2023 is expected to spur a digital revolution among Micro, Small, and Medium Enterprises (MSMEs) and small hawkers. The GDPM is a matching grant programme int...
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2023-09-26
Funding Societies raises US$27 million in debt funding from institutional investors
KUALA LUMPUR: Modalku Ventures Sdn Bhd, the operator of Funding Societies Malaysia, has raised a debt of US$27 million (RM126 million). This debt funding was led by Asia-focused private credit financier AlteriQ Global, with multi-family office Aum...
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2023-09-26
SC, SME Corp ink MoU to facilitate capital market financing for MSMEs
PETALING JAYA: The Securities Commission (SC) has signed a memorandum of understanding with SME Corporation Malaysia (SME Corp) to facilitate greater access to capital market financing for micro, small and medium enterprises (MSMEs). The MoU is ex...
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2023-09-25
Call to give matching ESG grants
Allocate RM2bil as incentive to SMEs to achieve goals, govt urged PETALING JAYA: To accelerate environmental, social and governance (ESG) efforts among small and medium enterprises (SMEs), the government has been urged to allocate RM2bil for one-t...
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2023-09-25
Bolstering the potential of new economy startups
HSBC boosts support for ecosystem of innovation focused on helping fast-growing early-stage companies expand WITH Asia Pacific attracting more than a quarter of the total global private investment, the region is rapidly catching up with North Amer...