SME News
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2024-07-18
CGC eyes 25 pct increase in guarantee issuances this year
KUALA LUMPUR, July 18 (Bernama) -- Credit Guarantee Corporation Malaysia Bhd (CGC) is targeting to grow its guarantees issuances by 25 per cent this year from RM5.1 billion achieved in 2023. CGC president and chief executive officer Datuk Mohd Zam...
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2024-07-18
Beyond brick and mortar: Empowering Malaysian businesses through e-commerce
WITHIN the Malaysian economy, micro, small, and medium-sized enterprises (MSMEs) play a crucial role. These businesses form the nation's backbone, accounting for 97.4% of all enterprises and contributing a significant 38% to the country's ...
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2024-07-18
Financial ecosystem must allocate more resources to assist MSMEs - Hui Ying
KUALA LUMPUR, July 18 (Bernama) -- Credit Guarantee Corporation Malaysia Bhd (CGC), financial institutions (FIs) and development financial institutions (DFIs) are encouraged to allocate more resources to critical sectors like chemicals/petrochemicals...
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2024-07-18
Ewon: Over RM731m channelled to Sarawak entrepreneurs, cooperatives in 2023
KUALA LUMPUR — The Entrepreneur Development and Cooperatives Ministry (KUSKOP) disbursed funding amounting to RM731.2 million to 42,006 entrepreneurs and cooperatives in Sarawak last year, the Dewan Rakyat was told today. Its Minister D...
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2024-07-17
Biotech, bio-based sectors on track to become main drivers of Malaysia’s economy
KUALA LUMPUR: Malaysia is on track to advance biotechnology and bio-based sectors as the main drivers of the national economy, with the vision of creating a bioinnovation society by 2030. Science, Technology and Innovation Minister Chang Lih ...