SMEs urged to quickly adopt ESG framework

Compiled by BENJAMIN LEE, C. ARUNO and R. ARAVINTHAN THE SME Association Malaysia has warned small businesses that they may lose out in the international markets soon if they refuse to adopt the environmental, social and governance (ESG) framework, Sin Chew Daily reported. Its president Ding Hong Sing said he… Source link

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Generali and UNDP kick off innovation funding initiative in Asia

Global insurer Generali and the United Nations Development Programme (UNDP) have launched the “Insurance Innovation Challenge Fund”, with the initiative to be started in Asia. The launch took place at an event in which Generali and the UNDP brought together representatives of the EU Commission – Directorate General for International Partnerships, the Malaysian Embassy to Italy… Source link

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Malaysia to Create 200 Capital Market-Ready MSMEs by 2026 – Regulation Asia

A new MoU between the Securities Commission and SME Corporation Malaysia will enable more MSMEs to access the capital market for financing. Get access today Sign up for a free 2-week trial and get instant, unrestricted and unlimited access to Regulation Asia. FREE TRIAL[1] Already taken your free trial? Get in touch with our team and enquire about a subscription today. Select… Source link

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SC, SME Corp join hands to advance smaller businesses

PETALING JAYA: The Securities Commission (SC) has entered into a three-year contract with SME Corp Malaysia to facilitate greater access to capital market financing for micro, small and medium enterprises (MSMEs). Through a memorandum of understanding (MoU), the two parties aim to create 200… Source link

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Ewon urges MSMEs to integrate ESG practices to access global market

GEORGE TOWN: Micro, small and medium enterprises (MSME) have been urged to integrate environmental, social and governance (ESG) practices into their business operations to gain more opportunities in the global market. Entrepreneurship Development and Cooperatives Minister Datuk Ewon Benedick (pix) said currently, more and more large companies, government-linked companies (GLCs) and… Source link

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Securities Commission, SME Corp ink MOU on capital market financing for MSMEs

KUALA LUMPUR (Sept 26): The Securities Commission (SC) has signed a memorandum of understanding (MOU) with SME Corporation Malaysia (SME Corp) to facilitate greater access to capital market financing for micro, small and medium enterprises (MSMEs). In a statement, SC said the three-year MOU paved the way for mutual cooperation in building a strong pipeline of capital market-ready MSMEs, which… Source link

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SC, SME Corp inks MoU on capital market financing for MSMEs

KUALA LUMPUR: The Securities Commission (SC) has signed a memorandum of understanding (MoU) with SME Corporation Malaysia (SME Corp) to facilitate greater access to capital market financing for micro, small and medium enterprises (MSMEs). In a statement, SC said the three-year MoU paved the way for mutual… Source link

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Funding Societies raises US$27 million in debt funding from institutional investors to bridge credit gap for SMEs in Southeast Asia, Business News

First such debt transaction from all institutional investors with a SME FinTech lender in SEA SINGAPORE, Sept. 26, 2023 /PRNewswire/ — Funding Societies | Modalku, the largest unified SME (small and medium enterprises) digital finance platform in Southeast Asia, announced it has successfully raised debt of US$27 million led by Asia-focused private credit… Source link

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SC and SME Corp to Boost MSMEs’ Access to Capital Market Financing

The Securities Commission Malaysia (SC) and SME Corporation Malaysia will collaborate to ease micro, small and medium enterprises’ (MSMEs) access to capital market financing. The three-year MoU signed by both parties aims to build a strong pipeline of capital market-ready MSMEs. This includes enhancing their sustainability and corporate governance awareness and… Source link

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