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KUALA LUMPUR: Public Bank Bhd, in a strategic collaboration with Credit Guarantee Corporation Malaysia Bhd (CGC), is extending RM1 billion in financing to small and medium enterprises (SMEs) across Malaysia. CGC president and chief executive officer Datuk Mohd Zamree Mohd Ishak said for RM1 billion financing… Source link

KUALA LUMPUR (Sept 9): Public Bank Bhd (KL:PBBANK) said it is committed to extend RM1 billion in financing to small and medium enterprises (SMEs) in partnership with Credit Guarantee Corp Malaysia Bhd (CGC). “As the largest SME financier of the nation with a market share of 17.5% in Malaysia’s SME financing segment, our partnership with CGC reaffirms our commitment to foster sustainable SME… Source link

TWO of Singapore’s biggest dating agencies, Lunch Actually and Paktor Group, have merged to expand the pool of potential matches for their customers and offer more personalised dating experiences. The brands under both companies will continue to operate independently after the merger, with the new entity to be called Lunch Actually Paktor Group. Violet Lim, co-founder and chief executive of… Source link

This article first appeared in The Edge Malaysia Weekly on September 2, 2024 – September 8, 2024 SINCE the introduction of the New Economic Policy (NEP) in 1971, the country’s socioeconomic agenda has been focused on developing the bumiputera community. The rationale is simple — a country where the majority of its population is left behind in terms of economic development will not be… Source link

Lee Thiam Wah, the founder of Malaysian mini-mart chain 99 Speed Mart, is Asia’s latest billionaire. The company went public on Monday, becoming the largest Malaysian IPO in seven years. Lee grew the business from eight stores to over 2,600 across Malaysia, the largest mini-mart chain in the nation. Lee Thiam Wah started selling snacks at a roadside stall. Now, he’s Asia’s latest… Source link

The Malaysia Digital Economy Corporation (MDEC), under the Ministry of Digital Malaysia, has opened applications for three key grants: the Digital Content Grant (DCG) 2024/2025, the Malaysia Digital Catalyst Grant (MDCG), and the Malaysia Digital Export Grant (MDXG). These grants, available starting 9 September 2024, align with the MADANI government’s ongoing… Source link

LEE Thiam Wah’s first retail venture was selling snacks from a roadside stall in Malaysia. Several decades later, the entrepreneur has transformed that humble beginning into a sprawling retail empire of more than 2,600 convenience stores across the nation. Today, the 60-year-old was minted as a billionaire… Source link

PETALING JAYA: A 13,000-strong business group has voiced its hope that the government will not spring a surprise on the rationalisation of RON95 subsidy. “Such a rationalisation, if any, should be gradual to avoid sudden cost pressures on businesses,” said SME Association president Chin Chee Seong (pic). … Source link

PETALING JAYA: A 13,000-strong business group has voiced its hope that the government will not spring a surprise on the rationalisation of RON95 subsidy. “Such a rationalisation, if any, should be gradual to avoid sudden cost pressures on businesses,” said SME Association president Chin Chee Seong (pic). … Source link

GEORGE TOWN: Most of Penang-based electrical and electronic (E&E) manufacturing companies are optimistic about their second-half year performance for this year. In its recent announcement to Bursa Malaysia, Globetronics Technology Bhd said it was actively engaging with a few potential customers to secure new… Source link