Sunday, July 25, 2021

SMEs

SMEs need new ways to rebuild businesses in Covid-era

KUALA LUMPUR: Malaysia’s 907,065 small and medium enterprises (SMEs) are living in very uncertain times — from day to day it seems almost impossible for them to predict what will come next. Businesses across the country have barely hung on...

JanaNiaga financing allocation expected to reach RM1.2 bln

KUALA LUMPUR: The allocation for the National Supply Chain Finance Platform, JanaNiaga, is expected to reach RM1.2 billion, with the additional allocation from financial institutions which will participate in phases. Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz said to...

Automatic moratorium on loans a welcome relief

KUCHING: The public have welcomed the six-month automatic moratorium on bank loans for individual borrowers, including those in the B40, M40, and T20 groups, as well as small and medium enterprises (SMEs) and micro-entrepreneurs. Prime Minister, Tan Sri Muhyiddin Yassin,...

SMEs must change business operations to prepare for recovery in digital age

KUALA LUMPUR: Small and medium enterprises (SMEs) must transform their business operations in the digital age and start preparing for early business recovery by year-end or even by the third quarter of 2021, an Asean expert in human resource...

Digital adoption is a must to reignite export businesses

KUALA LUMPUR: Small and medium-sized enterprises (SMEs) must be able to leverage digital adoption to reignite export businesses during the pandemic, said Bank Islam Malaysia Bhd director Datuk Nik Mohd Hasyudeen Yusoff. He said the development in technology has opened...

Shopee helps micro businesses pay it forward to farmers and fishermen

KUALA LUMPUR: With the aim of helping villagers affected by the movement control order (MCO), a soon-to-retire science teacher from Sabak Bernam had quickly got into the business of selling “sambal pecal” through Shopee while staying at home. Besides helping...

Wage subsidies first line of defence to help SMEs, keep unemployment low

KUALA LUMPUR: Keeping unemployment low by helping small and medium enterprises (SMEs) retain their workers through wage subsidies and loan moratoriums during the pandemic is the first line of defence in helping households, Asia Analytica said. The research and institutional...

Governments latest economic assistance plan lauded

KUCHING: The government has taken the views of various parties into consideration in order to help ease the people's burden during this challenging time. Sarawak National Alliance chairman Senator Jaziri Alkaf A. Suffian, Saratok MP Datuk Ali Biju, Puncak Borneo MP...

Relax lending rules for banks, Bank Negara urged

KUCHING: The National People’s Wellbeing and Economic Recovery Package (Pemulih) announced on June 28 will benefit many individuals and economic sectors during the Covid-19 movement control order (MCO) 3.0, said Datuk Sim Kiang Chiok. The Sarawak Housing and Real Estate...

Besides Pemulih, other measures needed as well

KUCHING: The National People's Wellbeing and Economic Recovery Package (Pemulih) will benefit many individuals and economic sectors during the Covid-19 movement control order (MCO) 3.0, says Datuk Sim Kiang Chiok. The Sarawak Housing and Real Estate Developers Association (Sheda), Kuching...
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Saudi lends a helping hand to Malaysia in combatting Covid-19

RIYADH, Saudi Arabia: The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud has directed King...
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