Malaysia’s CapBay aims to help SMEs grow through its cheap financing solutions

Malaysian small and medium-sized enterprises are struggling to grow. The reason? Much of their cashflow is locked in their supply chain. Enter CapBay, a high-impact financing company that recently passed Endeavor Malaysia’s Local Selection Panel. Endeavor has been leading the global high-impact entrepreneurship movement to drive economic growth and job creation by selecting,… Source link

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An insight on industry outlook and market forecasts

PETALING JAYA: In commemoration of Star Media Group’s 50th anniversary, the StarBiz Summit held on November 25 and 26 was the finale of the group’s #digitalXdata 2021 events. The StarBiz Summit was the avenue for businesses and organisations to learn about the industry outlook and market forecasts of 2022… Source link

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Pemulih package helped Malaysians suffering financial difficulties during Covid-19 pandemic | Malaysia

Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz speaks at a press conference on the National People’s Well-Being and Economic Recovery Package (Pemulih) in Putrajaya, June 29, 2021. — Bernama pic KUALA LUMPUR, Dec 12 — The financial assistance under the National People’s Well-Being and Economic Recovery Package (Pemulih), which will end on Dec 31, 2021, has helped Malaysian… Source link

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Speedy approval of new SME Policy imperative to sustain growth

LAHORE     –  The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel (BMP), raising serious concern over the delay in approval of “Small and Medium Enterprises Policy 2021”, has stressed the need for speeding up the process of approving the new SME policy after removing its flaws with a view to address all sectors of economy. FPCCI’s Businessmen Panel… Source link

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FPCCI’s BMP concerned at delay in approval of SME policy – Business & Finance

LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel (BMP), raising serious concern over the delay in approval of “Small and Medium Enterprises Policy 2021”, has stressed the need for speeding up the process of approving the new SME policy after removing its flaws with a view to address all sectors of economy. FPCCI’s Businessmen Panel (BMP) Chairman… Source link

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Parallel markets and economy in Malaysia

AFTER 10 years of writing this column in The Star, I have decided to call it a day. Since 2011, I have discussed and shared my experiences as an entrepreneur in a small and medium enterprise (SME). I would like to close this column with some personal thoughts for you to mull over as we move into a new year. … Source link

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3 SME loans from Budget 2022, with interest as low as 0%

If you’re a business owner, the past two years must feel like being punched in the gut by an MMA fighter. We should know, we’re still walking slightly senget… which is better than a lot of others since, as of July this year, at least 150K SMEs had to gulung tikar due to financial woes. But like us, many more are now… Source link

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SME Association: Delay legal action on SMEs | Daily Express Online

SME Association: Delay legal action on SMEs Published on: Tuesday, December 07, 2021 By: Bernama Text Size: Kuala Lumpur: The SME Association of Malaysia has urged commercial banks not to take legal action against Small and Medium Enterprises (SMEs) that failed to repay their loans, as they have been affected adversely by the Covid-19 pandemic.The association, which expressed… Source link

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SME Corp to fortify MSME businesses in Malaysia to gain access to global market | Money

KUALA LUMPUR, Dec 7 — SME Corporation Malaysia (SME Corp) is committed to increasing the number of micro, small and medium enterprises (MSMEs) penetrating the international market next year to 145 companies compared with 125 this year. Chief executive officer Rizal Nainy said despite facing the challenges of the Covid-19 pandemic, there were still local MSMEs that succeeded in exploring… Source link

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Alliance Bank to thrive in SME loan space

PETALING JAYA: Alliance Bank Malaysia Bhd’s (ABMB) proposed sale of its stockbroking business to Phillip Futures Sdn Bhd will help to raise funds and accelerate its growth strategies for its core businesses. The planned disposal would allow the group to reprioritise its businesses to accelerate the growth of… Source link

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