Malaysia SME

Maybank extends RM20b repayment assistance to over 26,000 SME loan accounts

PETALING JAYA: Maybank has extended some RM20 billion worth of repayment assistance as at Sept 30, 2021 to over 26,000 small-and-medium enterprises (SME) loan/financing accounts which have been impacted by the pandemic. In addition, the bank has also continued to make financing accessible to them, with more than RM15 billion in loans/financing approved and disbursed to SMEs since 2019. … Source link

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In Search Of A Realistic New Socio-Economic Strategy – Analysis – Eurasia Review

Introduction The Ismail Sabri govt and RM12 is a re-affirmation of the NEP and continuation of the existing approach to both macro-economic management and intervention in the economy. The great significance of the Pandora papers is that it is another sign that the NEP has skewed wealth creation towards an elite group within society. Since the formulation of the NEP, economic regulation has… Source link

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Tengku Zafrul: RM86.4m disbursed to 13,886 SME, MTC businesses under Penjana | Malaysia

Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said the government had also allocated RM700 million to assist and encourage SMEs and MTCs to digitise their operations and use trade channels. — Bernama pic KUALA LUMPUR, Oct 22 — A total of RM86.4 million has been channelled to 13,886 small and medium enterprises (SMEs) and medium-tier companies (MTCs) in the form of grants and… Source link

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Finding the best path for SMEs

KUALA LUMPUR: The recent Star Outstanding Business Awards (SOBA) 2021 #SOS: Save Our SMEs webinar revealed that small and medium enterprises (SMEs) are still seeking a sustainable path forward post-Covid-19. The “Is your business under threat?” webinar was hosted by TV personality and entrepreneur Naz… Source link

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Recovery Council sets up special task force to scrutinise SME-related issues | Malaysia

Tan Sri Muhyiddin Yassin is seen during a press conference after visiting the Vaccine Administration Centre at the Kampung Gial Health Clinic, Arau March 5, 2021. — Bernama pic KUALA LUMPUR, Oct 15 — The National Recovery Council (MPN) meeting today agreed for the setting up of a special task force to scrutinise issues related to the financing, manpower and other needs of small and… Source link

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Stamp Duty Exemption for High Tech Facility – National Investment Aspirations Gazetted

The Stamp Duty (Exemption) (No. 14) Order 2021 [P.U.(A) 387/2021] (‘E.O. No. 14/21’) was gazetted on 8 October 2021 and is deemed to have come into operation on 15 December 2020. E.O. No. 14/21 exempts from stamp duty, instruments of loan or financing agreements for the High Tech Facility – National Investment Aspirations (‘HTF-NIA’) approved under Bank Negara Malaysia… Source link

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Malaysian SMEs seek access to Qatari market; talks underway, says trade official

Plans are in the pipeline to forge partnerships between small and medium-sized enterprises (SMEs) from Qatar and Malaysia to bolster further growth of Malaysian halal brands in the Qatari market, said Mohd Mustafa Abdul Aziz, CEO of the Malaysia External Trade Development Corporation (Matrade).Similarly, Abdul Aziz said plans are afoot for knowledge exchange and sharing of best practices… Source link

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