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OPR pause enables SMEs to evaluate financial health - SME Bank

OPR pause enables SMEs to evaluate financial health - SME Bank

Bank Negara Malaysia's (BNM) decision to maintain the overnight policy rate (OPR) will assist small and medium enterprises (SMEs) to evaluate their financial health
Fri Jan 20 2023
SME Bank offers six-month deferment to 59 entrepreneurs affected by floods

SME Bank offers six-month deferment to 59 entrepreneurs affected by floods

SME Bank is deferring payment for six months for 59 flood victims involving a financing value of RM146 million under the SME Bank flood relief programme.
Wed Jan 19 2022
PM wants banks to spare petty traders from legal action for failing to repay loans

PM wants banks to spare petty traders from legal action for failing to repay loans

Prime Minister Datuk Seri Ismail Sabri Yaakob today called on all commercial banks not to take legal action against hawkers and petty traders who failed to repay their loans.
Fri Dec 03 2021
Extending the economic emergency

Extending the economic emergency

There's a need for the economic front to correspond more closely to the public health front in urgency and stringency.
Sat Aug 14 2021
The National Recovery Plan a step in the right direction - GLCs

The National Recovery Plan a step in the right direction - GLCs

The plan encompasses four progressive phases, each one to be determined based on three indicators.
Wed Jun 16 2021
SME bank's targeted financing relief extended till September, says Wan Junaidi

SME bank's targeted financing relief extended till September, says Wan Junaidi

The bank's targeted financing relief through the SRP has benefited 3,084 of the bank's customers with financing value amounting to RM4.41 billion last year.
Sun Mar 21 2021
BNM to increase automation, digitalisation funding facilities for SMEs - PM

BNM to increase automation, digitalisation funding facilities for SMEs - PM

Muhyiddin said the additional funds would bring the BNM's total funding facility for SMEs to RM6 billion.
Wed Mar 17 2021
SME Bank's financial performance at stable level - AG Report

SME Bank's financial performance at stable level - AG Report

The auditing conducted on Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) found that its financial performance was at a stable level.
Mon Aug 24 2020
SME Bank allocates up to RM2.1 billion for SME Go scheme and STTF

SME Bank allocates up to RM2.1 billion for SME Go scheme and STTF

Of the the total fund, RM1.6 billion will be allocated to the SME Go scheme with the remaining RM550 million for the STTF.
Tue Jun 30 2020
MEDAC to simplify loan procedures for entrepreneurs

MEDAC to simplify loan procedures for entrepreneurs

To date, SME Bank Bhd has received about 1,000 loan applications and this indicates that many companies are keen to source financial resources provided by the government.
Mon May 11 2020
SUKSES is the new platform to highlight SME issues

SUKSES is the new platform to highlight SME issues

SUKSES is the latest initiative by SME Bank in highlighting issues faced by SME entrepreneurs in the effort to achieve the 41 per cent contribution to GDP by 2020.
Thu Sep 28 2017
Mohd Radzif leaves SME Bank

Mohd Radzif leaves SME Bank

He joined the bank in July 2010. Prior to that, he was the Chief Executive Officer (CEO) of the National Heart Institute from 2003 to 2010. From 2001 to 2003, he was the CEO of TH Properties.
Fri Jun 23 2017
Young Entrepreneur Fund: SME Bank approves RM45 million

Young Entrepreneur Fund: SME Bank approves RM45 million

The SME Bank Group has approved, as of December 2016, RM45 million in financing to 611 youth entrepreneurs under the Young Entrepreneur Fund (YEF).
Wed Mar 29 2017
SME Bank approves loans of RM11.02 million under OBF initiative

SME Bank approves loans of RM11.02 million under OBF initiative

Ahmad Maslan says the ministry aims to accelerate loan approvals for online Bumiputera entrepreneurs through the initiative.
Tue Mar 28 2017
Don't be afraid to become entrepreneurs - Ahmad Maslan

Don't be afraid to become entrepreneurs - Ahmad Maslan

Deputy Minister of International Trade and Industry (MITI), Datuk Ahmad Maslan, said according to a study on developed countries, it was found that most of their people comprised entrepreneurs.
Tue Dec 29 2015
ISIS Malaysia's perspective of Budget 2025

ISIS Malaysia's perspective of Budget 2025

An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives

Budget 2025: Record increase in STR, SARA aid initiatives

The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo

What policies to expect from Indonesia's new President Prabowo

Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid

Israel sends more troops into north Gaza, deepens raid

Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration

Indonesia ramps up security ahead of Prabowo's inauguration

Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil

NFOF will be operational in November 2024 with funding of RM1 bil

PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024