Despite the general uptick in the global economy, SMEs in Malaysia’s oil and gas services and equipment (OGSE) industry may still struggle to secure competitive financing to support their operations and growth and to manage their cash flow. Recognising these challenges, PETRONAS and Malaysian Industrial Development Finance Berhad (MIDF) have collaborated to provide SMEs with access to… Source link
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Kuala Lumpur: Ten outstanding small and medium entrepreneurs (SMEs) from Sabah won Platinum Business Awards for 11 categories, organised by the Small and Medium Enterprises Association of Malaysia, here, on Nov 10. Stay up-to-date by following Daily Express’s Telegram channel. Daily Express Malaysia The 10 winners are from the Small and Medium Enterprises Association of Sabah (SME Sabah) led… Source link
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Summit to foster stronger India-Malaysia ties and set the stage for startup synergies Federal Territory of Kuala Lumpur, Malaysia–(Newsfile Corp. – November 17, 2023) – In a joint effort by Malaysia and India to foster a robust startup ecosystem across the two nations and the broader ASEAN region, more than 600 local and international startups will converge in the inaugural India-ASEAN… Source link
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The Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM) have unveiled a new real-time payment linkage connecting Singapore’s PayNow and Malaysia’s DuitNow. This facilitates instant person-to-person (P2P) cross-border fund transfers, allowing users to transfer funds between the two countries using only the recipient’s mobile number or Virtual… Source link
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PETALING JAYA: Apart from being an economic strategy, supporting small and medium-sized enterprises (SME) is a crucial move that benefits the country, said Universiti Teknologi Mara senior economics lecturer Dr Mohamad Idham Md Razak. “With SME contributing a substantial 38.2% to the gross domestic product (GDP) in 2021, their sustained growth becomes integral to overall economic expansion. … Source link
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SME Corp-registered micro, small and medium enterprises (MSMEs) aiming to list on Bursa Malaysia in 2024 can receive support from the Entrepreneur Development and Cooperatives Ministry (Kuskop). Its minister Datuk Ewon Benedick said the assistance would ease the burden of MSMEs, especially in terms of the… Source link
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THE outlook for small and medium enterprises (SME) next year will depend on the outcome of the ongoing conflicts of Ukraine-Russia and others in the world. According to Small and Medium Enterprises Association of Malaysia (Samenta) national president Datuk William Ng, the outlook for SMEs would be better if the… Source link
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Baku is hosting the 2023 SME World Forum supported by the Ministry of Economy, the Small and Medium Business Development Agency and the International Council for Small Business, News.Az reports. Government officials, businessmen, representatives of international organizations are participating at the event. The forum features panel discussions on policies affecting small business and… Source link
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KUALA LUMPUR: Malaysia’s construction sector has recorded remarkable growth this year with an impressive 9,144 projects taking flight as of September, said Works Minister Datuk Seri Alexander Nanta Linggi. He said those endeavours represent substantial investments of RM63 billion dedicated to private initiatives and RM84 billion for government projects. According to Nanta, about 91 per… Source link
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This article first appeared in The Edge Malaysia Weekly on November 6, 2023 – November 12, 2023 IT has been a long journey of change and transformation for PT Bank CIMB Niaga Tbk, the 92.5%-owned subsidiary of Malaysia’s CIMB Group Holdings Bhd. Weighed down by asset quality issues previously, particularly in its corporate loan book, the sixth largest bank by assets in Indonesia has made… Source link
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