Malaysia SME

Malaysia, Singapore sign MoU on Johor-Singapore special economic zone Published on: Thursday, January 11, 2024 By: FMT Text Size: Economy minister Rafizi Ramli (second from right) and Singapore’s trade and industry minister Gan Kim Yong signed a memorandum of understanding on the Johor-Singapore special economic zone today. (Bernama pic) PETALING JAYA: The development of the… Source link

KUALA LUMPUR, Jan 11 ― SME Bank aims to approve RM2.5 billion in financing for over 1,000 small and medium enterprises (SMEs) this year. Group president and chief executive officer Datuk Wira Aria Putera Ismail said SME Bank had approved RM2.7 billion in financing last year, with around 90 per cent directed towards SMEs. “For the current year, RM2.5 billion is designated for SMEs, with the… Source link

A UN International Organization for Migration report published in August last year said migrant workers in Malaysia could become undocumented because they face exploitation, abuse and unethical recruitment practices throughout the employment process, including the withholding of their passports. According to the study, which interviewed 40 migrant workers, some paid up to US$5,000 in… Source link

PUTRAJAYA: Malaysia will never allow the opening of prostitution dens or brothels, as the country’s laws clearly prohibit such establishments, the Unity Government spokesperson Fahmi Fadzil (pix) said. Fahmi, who is also the Minister of Communications, said that anything that needs to be implemented in the country must be done according to the existing laws. “We have to follow the law…. Source link

KUALA LUMPUR: A total of RM134.6mil has been allocated to empower and enable micro, small and medium enterprises (MSMEs) to penetrate the international market, says Datuk Ramanan Ramakrishnan. The Deputy Entrepreneur Development and Cooperatives Minister said the funds were allocated through the ministry’s… Source link

KUALA LUMPUR: Various green investment opportunities and new technologies are expected to be created in Malaysia following the high commitment given in energy transition efforts, said Prime Minister Datuk Seri Anwar Ibrahim. He said Malaysia has launched the National Energy Transition Roadmap (NETR) and the investment opportunities should be explored by companies such as ConocoPhilips… Source link

KUALA LUMPUR: SME Corporation Malaysia (SME Corp) will allocate RM134.6 million to benefit some 16,700 micro, small and medium enterprises (MSME) in 2024. According to Deputy Entrepreneur and Cooperatives Development Minister Datuk Ramanan Ramakrishnan, SME Corp disbursed a total of RM131.3 million in funds for 22,861 MSME nationwide last year. He noted that the target this year is lower… Source link

KUALA LUMPUR: The Entrepreneur Development and Cooperatives Ministry, through its agency SME Corp Malaysia, has allocated RM134.6mil to empower micro, small and medium enterprises (MSME) this year. Its deputy minister Datuk Ramanan Ramakrishnan said the fund aims to implement various initiatives and enable… Source link

KUALA LUMPUR, Jan 9 — The Ministry of Entrepreneur Development and Cooperatives (Kuskop), through its agency SME Corp Malaysia, remains committed to empowering micro, small and medium enterprises (MSMEs) with an allocation of RM134.6 million to implement various initiatives and programmes in 2024. Deputy Minister of Entrepreneur Development and Cooperatives Datuk R. Ramanan said through this… Source link

Southeast Asian fintech firm Funding Societies—known as Modalku in Indonesia—is planning to raise $40 million in its latest funding round, according to regulatory filings accessed by DealStreetAsia. The firm had last week announced securing an unspecified investment as part of the same round from Malaysian sovereign wealth fund Khazanah Nasional and CGC Digital Sdn Bhd, a Malaysia-based… Source link