Generali and UNDP launch initiatives against climate risks | Insurance Business Asia … Source link

KUALA LUMPUR, March 7 — The Selangor Menteri Besar has proposed that the federal government allocate 5 per cent of the annual corporate income tax revenue to be distributed to the states based on the state’s achievements in developing small and medium enterprises (SMEs). Datuk Seri Amirudin Shari, who is also the Member of Parliament for Gombak, said this is because SME development… Source link

CANBERRA, March 7 — As chair of Asean in 2025, Malaysia will attempt to breathe new life into Asean-led forums to achieve “something of consequence”, says Prime Minister Datuk Seri Anwar Ibrahim. Anwar, who is also the Finance Minister, said that for Malaysia, the forums included the East Asia Summit, the Asean Regional Forum and the Asean Defence Minister’s Meeting (ADMM)-Plus. “The… Source link

Launch of joint research on MSME resilience in Southeast Asia, and a focus on Malaysia and Thailand, detailing key risks and alternative approaches to insurance Presentation of the SME Loss Prevention Framework, a digital tool for Malaysian SMEs to better understand and manage growing climate and weather-related risks Showcasing Insurance Innovation Challenge Fund Malaysia solutions for… Source link

Recent collaborations and surveys highlight a critical gap in insurance coverage among Small and Medium-sized Enterprises (SMEs) in Asia, despite high levels of concern over risks such as business interruption and cyber liability. Andex Fung from QBE emphasized the necessity for SMEs to address these risks through comprehensive… Source link

KUALA LUMPUR: SME Bank has approved more than RM30.6 billion in financing to 17,380 Bumiputera micro, small, and medium enterprises (MSMEs) since its inception, encompassing dedicated bumiputera programmes and various other financing facilities. Group president and chief executive officer Datuk Dr Aria Putera… Source link

PETALING JAYA: SME Bank, a leading Malaysian development financial institution in fostering entrepreneurial growth, has reaffirmed its commitment to empower micro, small and medium enterprises, particularly Bumiputera entrepreneurs – underscoring its dedicated role as a catalyst for the economic transformation and growth of MSMEs. SME Bank group president/CEO Datuk Wira (Dr) Aria Putera… Source link

KUALA LUMPUR, March 6 ― SME Bank has approved more than RM30.6 billion in financing to 17,380 Bumiputera micro, small, and medium enterprises (MSMEs) since its inception, encompassing dedicated Bumiputera programmes and various other financing facilities. Group president and chief executive officer Datuk Dr Aria Putera Ismail said that among the bank’s financing programmes is the SME Bank… Source link

KUALA LUMPUR: The Ministry of Finance (MoF) sees a pressing need for insurance protection among small and medium-sized enterprises due to the escalating climate change and other risks, said Secretary General of Treasury Datuk Johan Mahmood Merican. He said that there has been a disproportionate emphasis on credit-based financial solutions for MSMEs such as loans or lines of credit while… Source link

KUALA LUMPUR: The job market will not be adversely affected by the shift to automation, but it will require workers to be equipped with new skills, says Science, Technology and Innovation Minister Chang Lih Kang. Although there may be a reduction in the number of workers, the need for different skillsets will open up… Source link