SME News
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2021-03-02
RHB Islamic launches Malaysia’s first Islamic trade financing solution
KUALA LUMPUR, March 2 - RHB Islamic Bank has launched RHB Trade Solution-i - a new Islamic trade financing solution for purchases and sales based on a new product structure combining Wakalah and Istijrar Shariah concepts. In a statement today, the...
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2021-03-02
MIDA: Malaysia records RM164b investments, China top investor
KUALA LUMPUR: Malaysia recorded RM164bil in approved investments through 4,599 projects in the manufacturing, services and primary sectors in 2020 with China the top investor, according to the Malaysian Investment Development Authority's (MIDA) d...
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2021-03-02
Malaysia lifts MCO as cases taper down, vaccination drive kicks in
KUALA LUMPUR - Malaysia will ease its public health restrictions and travel curbs starting Friday (March 5), a week after kick-starting its mass inoculation campaign for Covid-19. Senior Minister (Security Cluster) Ismail Sabri Yaakob announc...
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2021-03-02
Mida: Nearly RM70b more potential investments in pipeline for this year and next
KUALA LUMPUR, March 2 - Approximately RM65.9 billion worth of potential investments are currently being evaluated by the government for this year and for 2022, the Malaysian Investment Development Authority (Mida) said today. It said some 240 high...
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2021-03-01
Malaysia approves RM1.259 billion of financing for SME support
The Malaysian government has approved 6,731 applications involving an allocation of RM$1.259 billion (US$310.8 million) under the National Economic Recovery Plan (PENJANA) Small and Medium Enterprise (SME) financing scheme as at February 12, said Fin...