SME Bank reaffirms commitment to empower Bumiputera entrepreneurs

PETALING JAYA: SME Bank, a leading Malaysian development financial institution in fostering entrepreneurial growth, has reaffirmed its commitment to empower micro, small and medium enterprises, particularly Bumiputera entrepreneurs – underscoring its dedicated role as a catalyst for the economic transformation and growth of MSMEs. SME Bank group president/CEO Datuk Wira (Dr) Aria Putera… Source link

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SME Bank approved RM30.6b financing since inception to 17,380 Bumiputera MSMEs

KUALA LUMPUR, March 6 ― SME Bank has approved more than RM30.6 billion in financing to 17,380 Bumiputera micro, small, and medium enterprises (MSMEs) since its inception, encompassing dedicated Bumiputera programmes and various other financing facilities. Group president and chief executive officer Datuk Dr Aria Putera Ismail said that among the bank’s financing programmes is the SME Bank… Source link

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MoF sees need to enhance insurance protection among SMEs as risks rise

KUALA LUMPUR: The Ministry of Finance (MoF) sees a pressing need for insurance protection among small and medium-sized enterprises due to the escalating climate change and other risks, said Secretary General of Treasury Datuk Johan Mahmood Merican. He said that there has been a disproportionate emphasis on credit-based financial solutions for MSMEs such as loans or lines of credit while… Source link

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'Automation to create new jobs' | The Star

KUALA LUMPUR: The job market will not be adversely affected by the shift to automation, but it will require workers to be equipped with new skills, says Science, Technology and Innovation Minister Chang Lih Kang. Although there may be a reduction in the number of workers, the need for different skillsets will open up… Source link

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Harnessing latest tech crucial for SMEs

KUALA LUMPUR: Small and medium enterprises (SMEs) should leverage their expertise in research and development (R&D) to harness the latest technologies via close collaboration with the Science, Technology and Innovation Ministry. Its minister Chang Lih Kang said such cooperation will enhance the capabilities of… Source link

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Malaysia, India express commitment to establish stronger ties to boost SME economy

KUALA LUMPUR (March 5): Malaysia and India have expressed their commitment to strengthen their ties to improve the economy of small and medium enterprises (SMEs). Deputy Entrepreneur Development and Cooperatives Minister Datuk R Ramanan said this matter was discussed during a courtesy visit of the Indian High Commissioner to Malaysia BN Reddy in his office here on Tuesday. “I am confident that… Source link

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Malaysia, India express commitment to establish stronger ties to boost SME economy

KUALA LUMPUR: Malaysia and India have expressed their commitment to strengthen their ties to improve the economy of small and medium enterprises (SMEs). Deputy Entrepreneur Development and Cooperatives Minister Datuk R. Ramanan said this matter was discussed during a courtesy visit of the Indian High Commissioner to Malaysia B.N. Reddy in his office here today. “I am confident that this… Source link

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SMEs encouraged to collaborate with Mimos to harness new technologies

KUALA LUMPUR: Small and medium enterprises are encouraged to collaborate closely with Mimos in leveraging its expertise in research and development to harness the latest technologies, said Science, Technology and Innovation Minister Chang Lih Kang. He said the partnership not only enables SMEs to enhance their capabilities but also accelerates Malaysia’s journey towards becoming a high-tech… Source link

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