Malaysia SME

Lessons from small- and medium-enterprise support centers across the globe

The vast majority of businesses in the world are small- and medium-sized enterprises (SMEs). They are the backbone of any economy and play a substantial role in developing economies in generating employment, alleviating poverty and spurring growth. Yet, they often do not have the same access to knowledge and networks as larger businesses. Sometimes, they need help with… Source link

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UnionPay International Continues to Focus on Supporting Contactless Payments Adoption in Southeast Asia – Crowdfund Insider

UnionPay International (UPI) has introduced its SoftPOS (Point-of-Sale) solution for the first time using a payment tech that’s powered by SoftPOS provider, Soft Space. The SoftPOS solution will reportedly be launched in Malaysia and it’s expected to create various market opportunities for UPI to expand its contactless acceptance, especially in Southeast Asia, adding to its significant… Source link

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SME association welcomes govt’s flood assistance, but says not enough for sector just getting back on its feet post-Covid | Malaysia

Volunteers assisting in the relief and rescue of residents in affected areas in Taman Sri Muda, Section 25 Shah Alam, December 20, 2021. — Picture by Hari Anggara KUALA LUMPUR, Dec 21 — The Small and Medium Enterprises Association of Malaysia (Samenta) today said while it appreciated the government’s offer of RM500,000 in soft loans for small and medium enterprises (SME), Putrajaya… Source link

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UnionPay International launches SoftPOS solution in Malaysia

Kuala Lumpur, 21 December 2021 – UnionPay International (UPI) has introduced its SoftPOS (Point-of-Sale) solution for the first time using a payment technology powered by the world’s leading SoftPOS player Soft Space. The SoftPOS solution to be launched in Malaysia is expected to create greater market opportunities for UPI to grow its contactless acceptance,… Source link

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UnionPay International Targets Growth in Contactless Payment Adoption by Smaller Merchants in Southeast Asia

Copyright 2021 PR Newswire. All Rights Reserved2021-12-21 KUALA LUMPUR, Malaysia, Dec. 21, 2021 /PRNewswire/ — UnionPay International (UPI) has introduced its SoftPOS (Point-of-Sale) solution for the first time using a payment technology powered by the world’s leading SoftPOS player Soft Space. The SoftPOS solution to be launched in Malaysia is expected to create greater market… Source link

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UnionPay International Targets Growth in Contactless Payment Adoption by Smaller Merchants in Southeast Asia

UPI’s first SoftPOS solution demonstrates its innovation and vision to expand contactless acceptance among smaller merchants in the region. KUALA LUMPUR, Malaysia, Dec. 21, 2021 /PRNewswire/ — UnionPay International (UPI) has introduced its SoftPOS (Point-of-Sale) solution for the first time using a payment technology powered by the world’s leading SoftPOS player Soft Space. The SoftPOS… Source link

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Bank Negara announces RM200m flood relief financing aid for MSMEs | Malaysia

A shop worker cleaning up after the flood at Jalan Hulu Langat, Pekan Batu 11, Cheras, December 20, 2021. — Picture by Devan Manuel KUALA LUMPUR, Dec 20 — Bank Negara Malaysia (BNM) has announced the availability of RM200 million financing aid for micro and small and medium enterprises (MSMEs) affected by the recent floods under the Disaster Relief Facility 2022 (DRF 2022). To be… Source link

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Putrajaya announces more flood relief funding for individuals and businesses | Malaysia

Volunteers rescue residents in affected areas in Taman Sri Muda, Section 25 Shah Alam, December 20, 2021. — Picture by Hari Anggara KUALA LUMPUR, Dec 20 — The federal government will give each head of household affected by the recent floods RM1,000, the prime minister announced this evening. Datuk Seri Ismail Sabri Yaakob also said that small and medium businesses can apply for up… Source link

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Kenanga allocates US$7.1 mil for SMEs looking to raise Islamic Financing on CapBay’s P2P platform

Not equity investment into CapBay but provide funds for Shariah-compliant financing Kenanga believes digital platform enables a faster, more convenient process for SMEs In a boost for SMEs seeking shariah compliant financing, Bay Group Holdings Sdn Bhd, which operates as CapBay, a Malaysian multi-bank supply chain finance and peer-to-peer financing (P2P) platform has secured US$7.1… Source link

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