MIDF provides enhanced financing assistance to SMEs in Malaysia affected by natural disasters | Money

A view of the Kuala Lumpur city skyline in Malaysia February 7, 2018. — Reuters pic KUALA LUMPUR, March 10 — Malaysian Industrial Development Finance Bhd (MIDF), in collaboration with SME Corporation Malaysia (SME Corp), has introduced the SME Emergency Fund 2.0 (SMEEF 2.0), an enhanced version of the SME Emergency Fund (SMEEF) that was first introduced in 2012. “SMEEF 2.0, which… Source link

Read More »

Malaysia Prepaid Card and Digital Wallet Markets and Investment Opportunities Report 2022: Market is Expected to Record a CAGR of 14.4%, Increasing from $6.06 Billion in 2022 to $10.40 Billion by 2026

DUBLIN, March 08, 2022–(BUSINESS WIRE)–The “Malaysia Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend” report has been added to ResearchAndMarkets.com’s offering. The prepaid card market (value terms) in Malaysia increased at a CAGR of 9.4% during 2017-2021. Over the forecast period of 2022… Source link

Read More »

Azmin: Govt still needs to review implementation of minimum wage as SMEs still reeling from Covid-19 | Malaysia

The international trade and industry minister said the Cabinet will meet again next week to finalise the decision, claiming more time is necessary to study the impact of such mandates on SMEs that produce lower revenue. — Picture by Miera Zulyana KUALA LUMPUR, March 8 — Any move to increase Malaysia’s minimum wage needs to be reviewed for now as most small medium enterprises (SME)… Source link

Read More »

An affordable, fast, & efficient delivery for Malaysian SMEs

[This is a sponsored article with Pos Malaysia.] There are many factors that influence the success of an SME’s business. Some commonly talked about ones include capital, the product offered, and marketing strategies. However, one crucial process of running a business is ensuring that your product even reaches customers satisfactorily in the first place. When the pandemic happened and more… Source link

Read More »

AN AFFORDABLE, SUCCESSFUL DIGITAL TRANSFORMATION IS POSSIBLE

BEFORE the pandemic, most small- and medium-sized enterprises (SMEs) would concentrate on traditional ways of taking their business to the next level and were slow to give their commitment to digital transformation as a solution. According to a report by SME Corp Malaysia, in 2020, about 77% of SMEs remained at… Source link

Read More »

HSBC Malaysia urges SMEs to embrace digital tech and modern finance

Navigator: Voice of Business 2021 report finds higher investment in digital tools Make and receive payments like a local around the world with HSBC Global Wallet Small-and-medium enterprises (SMEs in Malaysia) are accelerating the integration of technology into business, enabling them to build resilience as well as presenting new opportunities for growth. And while technology… Source link

Read More »

Semarak Niaga Keluarga Malaysia Programme set to benefit Malaysia’s SMEs and micro-SMEs

Enterprises can look at financial loans with zero interest rates from institutions like SME Bank, or business financing guarantees to obtain new financing which was previously difficult for them to obtain. Worth a total of RM40bn, Malaysia’s latest economic support initiative, Semarak Niaga Keluarga Malaysia Programme, will increase access to financing to the business sector (i.e. SMEs,… Source link

Read More »

Semarak Niaga Keluarga Malaysia Programme set to benefit Malaysia’s SMEs and micro-SMEs

Enterprises can look at financial loans with zero interest rates from institutions like SME Bank, or business financing guarantees to obtain new financing which was previously difficult for them to obtain. Worth a total of RM40bn, Malaysia’s latest economic support initiative, Semarak Niaga Keluarga Malaysia Programme, will increase access to financing to the business sector (i.e. SMEs,… Source link

Read More »

MoF: ‘Semarak Niaga’ initiative to enhance resilience of Malaysian economy | Malaysia

Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz speaks during the launch of the ‘Semarak Niaga Keluarga Malaysia’ initiative in Kuala Lumpur February 21, 2022. — Picture by Yusof Mat Isa KUALA LUMPUR, Feb 21 — The RM40 billion Semarak Niaga Keluarga Malaysia (Semarak Niaga) initiative, which was launched today, to help the business sector bounce back is a testament to the… Source link

Read More »

SME group urges government for policies to help businesses recover to pre-pandemic levels | Malaysia

An aerial view of Kuala Lumpur April 30, 2019. — Picture by Choo Choy May KUALA LUMPUR, Feb 20 — The Small and Medium Enterprises Association of Malaysia (Samenta) is calling on the government to prioritise the survival of small and medium enterprises (SMEs) and take immediate steps to ensure this. Chairman Datuk William Ng said the SME sector is currently facing rising cost,… Source link

Read More »