Malaysia SME

This article first appeared in Wealth, The Edge Malaysia Weekly on September 25, 2023 – October 1, 2023 In the last two years, foreign banks in Malaysia have seen a flurry of changes at the helm, a sign that the banking industry may be heading for interesting times. This is all the more so because there has been a changing of the guard at a few domestic banks too. Alliance Bank Malaysia Bhd… Source link

PETALING JAYA: Prices of medicine must be more transparent so the people know what they can afford, says Datuk Seri Anwar Ibrahim. The Prime Minister said it is a priority of the unity government to ensure transparent selling of medicine with the display of price tags. “The government is aware of the… Source link

KUALA LUMPUR: Malaysia’s economy remains resilient anchored by domestic-oriented activities and will continue to be supported by labour market conditions and investments moving into next year, said Bank Negara Malaysia (BNM) governor Datuk Abdul Rasheed Ghaffour. He said the labour market conditions,… Source link

KUALA LUMPUR: Supporting Malaysia’s small and medium enterprises (SMEs) is vital as the global supply chains are shifting to Asean countries. Investment, Trade And Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said that Asean is, in fact, the new China and is set to become not just the world’s… Source link

This article first appeared in Wealth, The Edge Malaysia Weekly on September 25, 2023 – October 1, 2023 Private credit, which entails non-bank lenders providing credit to small and medium enterprises (SMEs), is experiencing a boom, says Ang Xing Xian, CEO and co-founder of peer-to-peer (P2P) financing firm Capital Bay Sdn Bhd (CapBay). “If you talk to the asset managers in town, you’d find… Source link

PETALING JAYA: Direct Lending Sdn Bhd’s auto service financing is experiencing rapid growth with more than 1,000 workshops onboarded and a tenfold increase in the number of car owners benefiting each month since the solution was launched 1½ years ago. Direct Lending founder Hui Yik Seong said the company is on the right trajectory in its mission to provide safe and accessible financing… Source link

Awang Tengah (seated, centre) in a group photo with officials and participants of the state-level ‘SDSI Showcase’ in Kuching. On his right is federal Entrepreneur Development and Cooperatives Minister Datuk Ewon Benedick. KUCHING (Oct 2): The Ministry of International Trade and Investment (Mintred) has provided support to over 36,000 entrepreneurs from 2021 to the second quarter of this… Source link

PENAMPANG: Training in marketing for Small and Medium-sized Enterprises (SME) is vital to ensure empowerment. Stay up-to-date by following Daily Express’s Telegram channel. Daily Express Malaysia “In the past, I have been supporting SMEs by providing funding, especially during the Covid-19 pandemic, but this time, I want, a programme where successful entrepreneurs can transmit their… Source link

NEW DELHI, Sept 29, 2023 – (ACN Newswire) – The G20 summit held in India has proved to be a game-changer for Indian entrepreneurs and the business community. This prestigious event brought together world leaders and policymakers, creating a platform for collaboration, innovation, and growth.  The G20 Summit emphasized the importance of collaboration among nations to tackle the challenges faced… Source link

KUALA LUMPUR (Sept 29): Sarawak Consolidated Industries Bhd (SCIB) has secured Islamic banking facilities of up to RM34 million, which will be used to redeem property, as working capital and operating expenditure. Its wholly-owned subsidiary SCIB Concrete Manufacturing Sdn Bhd (SCM) accepted the Islamic banking facilities from Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) on… Source link