Indonesia Explores Revisions to Enhance Micro Loan Subsidy Program

Indonesia is contemplating revisions to its microloan subsidy program amidst a backdrop of regulatory resistance to proposed loan restructuring extensions. This deliberation follows a recent suggestion by President Joko Widodo to revive a COVID-era policy that would allow banks to forgo provisions for bad loans, aiming to boost liquidity in the financial… Source link

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‘BIZMATCH MEGA PKNS’ PLATFORM FOR ENTREPRENEURS TO EXPAND BUSINESS NETWORKS

SHAH ALAM, July 23 (Bernama) — The Selangor State Development Corporation (PKNS) has organised the Bizmatch Mega PKNS: Himpunan Usahawan Selangor 2024 programme, which offers an exceptional platform for entrepreneurs to enhance their business networks. The second edition of the programme, organised by the PKNS Business Development Division, brought together 1,500 entrepreneurs… Source link

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Islamic Financing Paves Positive Growth For Funding Societies

KUCHING: Funding Societies Malaysia has successfully disbursed RM300 million in Islamic business financing to more than 2,500 micro, small, and medium enterprises (MSMEs), underscore its commitment to empowering the MSMEs. As the leading digital financing platform for SMEs in Southeast Asia, it has achieved this milestone through 8,000 Islamic investment notes since launching its… Source link

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Malaysia Convention & Exhibition Bureau And MACEOS Forge New Partnership To Boost Malaysia Business Events Week 2024

Home » MALAYSIA TRAVEL NEWS » Malaysia Convention & Exhibition Bureau And MACEOS Forge New Partnership To Boost Malaysia Business Events Week 2024 Tuesday, July 23, 2024 Reading Time: 2 minutes Malaysia Convention & Exhibition Bureau teams with MACEOS, enhancing Malaysia Business Events Week 2024 through strategic partnership. The Malaysia Convention & Exhibition Bureau (MyCEB) and the… Source link

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Funding Societies has disbursed $64.22M in Islamic financing to MSMEs in Malaysia

Funding Societies, the Singapore-based unified digital finance platform for small and medium sized enterprises (SMEs), has successfully disbursed MYR 300 million ($64.22 million) in Islamic business financing to more than 2,500 micro, small, and medium enterprises (MSMEs) in Malaysia since launching its comprehensive suite of Islamic products in June 2023. Funding Societies said in a… Source link

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Funding Societies’ Islamic financing solutions empower over 2,500 Malaysian MSMEs with US$64 mil disbursed within first year of launch

Plans to increase its Islamic financing portfolio by 50% by 2025 Aims to support underserved SMEs with short-term financing in 5 SEA markets Funding Societies, Southeast Asia’s largest unified digital finance platform for SMEs, has disbursed US$64 million (RM300 million) in Islamic business financing to more than 2,500 micro, small, and medium enterprises (MSMEs) in Malaysia since… Source link

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Funding Societies Disburses RM300M in Islamic Financing to Malaysian MSMEs

Free Newsletter Get the hottest Fintech Malaysia News once a month in your Inbox Funding Societies, a SME digital finance platform in Southeast Asia, has disbursed RM300 million in Islamic business financing to over 2,500 Malaysian MSMEs since launching its Islamic products in June 2023. The company is focused on supporting underserved SMEs across Southeast Asia with a range… Source link

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Johor’s growing industries offer growth avenues for S’pore firms

Singapore and Johor’s already strong business ties are poised for further growth as multinational corporations diversify their supply chains, and new opportunities emerge in the southern Malaysian state of Johor. These were some of the key points from the Johor-Singapore Access conference held on July 8 at the JEN Singapore Tanglin. The event attracted around 160 attendees, reflecting strong… Source link

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Nefab Opens New Packaging Manufacturing Plant in Penang

Nefab, a global leader in sustainable packaging and logistics solutions, has announced the opening of a new packaging manufacturing plant in Batu Kawan, Malaysia. This strategic expansion marks a significant advancement in Nefab’s commitment to revolutionising the semiconductor equipment industry with innovative, safe, and environmentally conscious packaging… Source link

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