mysme

S&P anticipates Malaysia’s GDP growth this year due to Islamic banking sector

PETALING JAYA: S&P Global Ratings has forecast Malaysian Islamic banks to grow at a compound annual growth rate of 6-8% over the five-year period of 2022-2026, which means local Islamic banks could account for close to 45% of the overall commercial banking loan book by the end of 2026, up from 37.5% in January 2022. “That said, short-term headwinds may hinder the recovery in loan growth…. Source link

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UOB MY’s 2-pronged strategy sees influx of sign ups for new grant

To tide SMEs through the COVID-19 pandemic, the Malaysian government initiated an SME grant to help small and medium businesses digitise their operations. With the grant, SMEs that purchase any products or services to digitise their businesses are eligible to claim up to RM 5,000. To generate 450 qualified SME leads, UOB worked with RinggitPlus.com to launch a digital and mobile… Source link

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Five lessons SMEs can learn from the Covid-19 crisis

TODAY, amid the ongoing health crisis in Malaysia, more than a million registered small and medium enterprises (SME) are facing uncertainties when it comes to ensuring business resiliency and sustenance. SME owners know the importance of preparing for unforeseen circumstances, but few would have anticipated the onset of a global crisis as what we have experienced today. At the start of the… Source link

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CCA meets SME Malaysia to scout business opportunities for construction materials

With the rapid development of Cambodia’s construction industry in recent years, the demand for talents in the field of construction has also increased, especially experienced professional staff in construction quality supervision, standards and inspection The Cambodia Constructors Association (CCA) met with the delegates of SME Malaysia during their trade mission to Cambodia, to discuss… Source link

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Malaysia bank, association sign MoU for SME growth

Representatives of Hong Leong Bank (Cambodia) Plc (HLBCAM) and SME Association of Malaysia at Thursday’s signing ceremony. HLBCAM Hong Leong Bank (Cambodia) Plc (HLBCAM) on April 29 said it was teaming up with SME Association of Malaysia on knowledge and expertise sharing and the creation of advisory and business matching opportunities to stimulate growth of smaller Cambodian businesses and… Source link

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Boost, RHB committed to delivering greater financial inclusion in Malaysia via Digital Bank

Offer greater access for financial inclusion amongst underserved & unserved Boost spent past few years building essential blocks for a digital bank Boost, the fintech arm of Axiata Group Bhd (Axiata) and RHB Banking Group (RHB) hailed the achievement of a significant milestone having secured the digital bank licence issued by Bank Negara Malaysia (BNM). Their partnership to form a… Source link

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SUPPORTING THE GROWTH OF SMEs

IN support of the local small and medium-size enterprises (SMEs) and the role they play in developing the nation’s economy, Bank Islam Malaysia Berhad has introduced various initiatives for a broad segment of the SME industry. A range of programmes has been rolled out by the bank as part of its five-year… Source link

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HONG LEONG BANK CAMBODIA INKS MOU WITH SME ASSOCIATION OF MALAYSIA TO ACCELERATE SME GROWTH IN CAMBODIA

PHNOM PENH, Cambodia, April 29, 2022 /PRNewswire/ — Hong Leong Bank (Cambodia) Plc (‘HLBCAM’ or the ‘Bank’) signed a memorandum of understanding (MoU) with the SME Association of Malaysia enabling sharing of knowledge and expertise, providing advisory and business matching opportunities to support the growth of small and medium enterprises (SME) in Cambodia, while facilitating… Source link

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HONG LEONG BANK CAMBODIA INKS MOU WITH SME ASSOCIATION OF MALAYSIA TO ACCELERATE SME GROWTH IN CAMBODIA, Business News

PHNOM PENH, Cambodia, April 29, 2022 /PRNewswire/ — Hong Leong Bank (Cambodia) Plc (‘HLBCAM’ or the ‘Bank’) signed a memorandum of understanding (MoU) with the SME Association of Malaysia enabling sharing of knowledge and expertise, providing advisory and business matching opportunities to support the growth of small and medium enterprises (SME) in Cambodia,… Source link

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