SME News
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2020-03-09
StanChart Saadiq aims 13% growth in SMEs
Standard Chartered Saadiq Bhd (StanChart Saadiq), the Islamic banking arm of Standard Chartered Bank Malaysia Bhd, is expecting growth of about 13% in small and medium enterprises (SMEs) clientele this year under its halal business. Its CEO Mohd S...
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2020-03-09
Agrobank lowers base rate, BFR by 25 bps
KUALA LUMPUR (March 9): Agrobank is reducing its Base Rate (BR) and Base Financing Rate (BFR) by 25 basis points (bps) with effect from March 12, 2020. Agrobank covering president/chief executive officer Khadijah Iskandar said the bank’s BR ...
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2020-03-09
Covid-19: BNM’s RM3.3b fund, banks to help SMEs
KUALA LUMPUR: As the Covid-19 outbreak widens with Malaysia entering the second wave of spread, the banks’ preparedness along with measures undertaken by Bank Negara Malaysia (BNM) are a shot in the arm for the Small and Medium Enterprises...
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2020-03-09
Malaysian start-ups face trouble scaling their business, says Cradle Fund
Malaysian start-ups have trouble scaling their business despite the quality services they provide, early stage start-up influencer Cradle Fund Sdn Bhd said. This was discovered by researching the needs of Malaysian startups, Cradle acting gro...
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2020-03-09
SMA, Shopee to expand Sarawak’s market in e-commerce sector
KUCHING: Sarawak Multimedia Authority (SMA) inked a Memorandum of Understanding (MoU) with Shopee Mobile Malaysia Sdn Bhd (Shopee), with the main objective of expanding market access for local products on the e-commerce platform. The collaboration...