SME News
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2020-03-19
Tengku Zafrul: RM3.3b allocated to help SMEs tide over Covid-19
KUALA LUMPUR, March 19 — A total of RM3.3 billion has been allocated by Bank Negara Malaysia (BNM) fund under the Economic Stimulus Package 2020 (PRE 2020) to help small and medium enterprises (SMEs) sustain their business operations ...
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2020-03-19
Bank Islam expands financial relief for customers impacted by Covid-19
KUALA LUMPUR, March 19 — Bank Islam Malaysia Bhd has expanded its financial relief programme for customers impacted by Covid-19, which includes a moratorium for financing repayments of up to six months. This is on top of the standa...
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2020-03-18
Brace for recession
PETALING JAYA: Brace for the next recession, pundits have warned as central banks and governments scramble to unleash their financial bazookas to save the flailing global economy. Some 12 years after the previous devastating global economic turmoi...
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2020-03-18
SMEs to be badly hit by Movement Control Order
SMALL and medium enterprises (SME) are expected to be severely impacted by the government’s deci- sion to impose movement restrictions nationwide and halt non- essential services to contain the spread of Covid-19. Malaysian Entrepr...
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2020-03-18
Public Bank offers relief aid for loan repayment under Covid-19
KUALA LUMPUR: Public Bank is offering immediate moratorium of up to six months for the monthly instalment payments of loans and financing for individual and business customers affected by the Covid-19 outbreak. Public Bank managing director, Tan S...