Malaysia SME

KUALA LUMPUR: The Women, Family and Community Development Ministry plans to double the support for welfare recipients to kickstart their businesses in Budget 2025, said Minister Datuk Seri Nancy Shukri. She said that under the existing “Women Empowerment” programme, recipients currently receive RM2,700. “We want to increase this amount to at least RM5,000, subject to approval from the… Source link

HO CHI MINH city: Prime Minister Pham Minh Chinh has chaired a meeting on Ho Chi Minh City’s socioeconomic development and implementation of the National Assembly’s resolution on piloting specific mechanisms and policies for the city’s development in the southern metropolis. According to a report from… Source link

KUALA LUMPUR: SME Bank Malaysia and Lembaga Tabung Haji (TH) have inked a memorandum of understanding (MoU) to provide enhanced support to micro, small and medium enterprises (MSMEs) through tailored financial solutions and comprehensive capacity-building programmes. SME Bank chief executive officer (CEO) Datuk… Source link

KUALA LUMPUR, Aug 12 (Bernama) — SME Bank Malaysia and Lembaga Tabung Haji (TH) have inked a memorandum of understanding (MoU) to provide enhanced support to micro, small and medium enterprises (MSMEs) through tailored financial solutions and comprehensive capacity-building programmes. SME Bank chief executive officer (CEO) Datuk Mohammad Hardee Ibrahim said… Source link

KUALA LUMPUR, Aug 12 (Bernama) — SME Bank and Lembaga Tabung Haji (Tabung Haji) have signed a Memorandum of Understanding (MoU) to provide enhanced support to MSMEs through tailored financial solutions and comprehensive capacity-building programs. SME Bank’s Relief Group President/Chief Executive Officer, Datuk Dr. Mohammad Hardee Ibrahim said, “This partnership aims to create a… Source link

KUALA LUMPUR, Malaysia, Aug. 12, 2024 /PRNewswire/ — The services sector continues to lead growth among SMEs. At the recently held Golden Bull Award 2024, 65.3 percent of all the winners were from the services sector, including in retail and wholesale, professional and business services, IT and education. Congratulations to the winners of the Golden Bull Award 2024 The manufacturing… Source link

Despite government promises of bank financing with risk coverage, experts believe SMEs are unlikely to see an increase in funding during the current fiscal year. On Saturday, sources within the banking sector indicated that the unfavorable interest rates and the government’s own liquidity challenges are major obstacles. The government, facing a liquidity crunch, is… Source link

PETALING JAYA: Manulife Holdings Bhd expects recent positive momentum in its business to sustain and the insurance provider is eyeing for stronger growth in the near to medium-term. The group, operating in the conventional life segment, is also looking to further capitalise on opportunities in the small and… Source link

PETALING JAYA: Government-linked investment companies (GLICs) should actively push for domestic direct investment (DDI) projects to boost the country’s economy, says MCA vice-president Datuk Lawrence Low (pic). He said this is in line with the Finance Ministry’s efforts to leverage DDI to strengthen… Source link

KUALA LUMPUR, MALAYSIA  – 9 August 2024 – The services sector continues to lead growth among SMEs. At the recently held Golden Bull Award 2024, 65.3 percent of all the winners were from the services sector, including in retail and wholesale, professional and business services, IT and education. The manufacturing sector accounted for 23.9 percent of the winners, with the construction and… Source link