CIMB launches GreenBizReady, a one-stop sustainability solution for SMEs

KUALA LUMPUR: CIMB Group has allocated RM250 million in its-newly launched CIMB GreenBizReady to help Malaysian small and medium enterprises (SMEs) to start and progress on their sustainability journey. SMEs will be empowered through financial solutions and incentives such as sustainability-linked financing benefits, access to sustainability service providers, training and capacity building, certification and advisory […]

SMEs urged to embrace e-commerce for business continuity

KUALA TERENGGANU: The Terengganu Malay Chamber of Commerce and Industry (DPPMT) has urged entrepreneurs of small and medium enterprises (SMEs) to stop being complacent and to study e-commerce seriously to ensure business continuity. DPPMT’s deputy president Dr Tengku Khairi A. Rahman said there were some entrepreneurs who were enthusiastic only at the initial stage but […]

State government to implement own wage subsidy programme, asked SBF

KUCHING: Sarawak Business Federation (SBF) secretary-general Jonathan Chai Voon Tok hopes that the state government would be able to come up with a comprehensive wage subsidy programme to help small and medium enterprises (SMEs) in the state. “Such direct financial assistance will definitely help to keep a lot of struggling businesses afloat and thereby save […]

Aid for SMEs in two weeks

KUCHING: The Sarawak government is conducting a study on the mechanism to provide financial assistance and loans to small and medium enterprises (SMEs) amidst the Covid-19 pandemic. Chief Minister Datuk Patinggi Abang Johari Tun Openg said the decision to provide an extended assistance to the SMEs was made in view of the volatile business situation […]

Consider wage subsidy scheme

KUCHING: The Sarawak government should consider filling in the void in the federal government’s Malaysian Economic and Rakyat’s Protection Assistance Package (Permai), that is, the wage subsidy scheme which is only applicable to states under the movement control order (MCO). “I hope that our State government can consider providing the wage subsidy scheme for Sarawak-registered […]

Wan Junaidi welcomes aid package

KUCHING: The Ministry of Entrepreneur Development and Cooperatives (Medac) welcomes the Permai Assistance Package announced by Prime Minister Tan Sri Muhyiddin Yassin. Its minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar said among the initiatives to further assist the micro and small and medium enterprises (SME) was the additional Permai Prihatin Special Grant of RM650 […]

Permai proves government concerned about people’s welfare

KUCHING: The RM15 billion Malaysian Economic and Rakyat’s Protection Assistance Package (Permai) announced by Prime Minister Tan Sri Muhyiddin Yassin on Monday shows that Malaysia has a government that cares and has the welfare of the people at its heart, said Datuk Seri Fatimah Abdullah. “Despite the fact that it is a deficit budget, when […]

Call to aid bosses in non-MCO states

KUCHING: Most of parties concerned are believed to receive well the Malaysian Economic and Rakyat’s Protection Assistance Package (Permai) worth RM15 billion. However, it could have been more comprehensive if businesses in the non-MCO (movement control order) states are rendered financial assistance, opined Jonathan Chai Voon Tok. The Sarawak Business Federation secretary-general noted that under […]

Some businesses have been sidelined

KUCHING: Dayak Chamber of Commerce and Industry (DCCI) supreme council member Marichelle Livan Lah feels that the Malaysian Economic and Rakyat’s Protection Assistance Package (Permai) has neglected small and medium business enterprises (SMEs). “For someone in the business community whose business has been greatly affected since the pandemic started, I believe that the package this […]

Lazada Malaysia launches RM44 mln ‘Pakej Kedai 2.0’ to help SMEs

KUALA LUMPUR: Lazada Malaysia has stepped in again to help over 70,000 local small and medium enterprises (SMEs) to stay afloat throughout the second movement control order (MCO) with its stimulus package, ‘Pakej Kedai 2.0’, worth RM44 million. It said the initiative is aimed at addressing business pain points and provide efficient solutions with subsidies […]