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Government-backed loans provide lifeline for Malaysian businesses

Government-backed loans provide lifeline for Malaysian businesses

Securing financing is essential for business growth and Term Loans under the Madani programme are a popular choice in Malaysia.
Thu Jun 20 2024
New Industrial plan cannot succeed without financial institutions support - Tengku Zafrul

New Industrial plan cannot succeed without financial institutions support - Tengku Zafrul

Tengku Datuk Seri Zafrul Tengku Abdul Aziz said said micro, small and medium enterprises would then be able to improve their contribution.
Fri Jul 07 2023
Banks, financial institutions urged to guide MSMEs to embrace ESG principles

Banks, financial institutions urged to guide MSMEs to embrace ESG principles

Tengku Zafrul urged CGC, banks and financial institutions to look for ways to strengthen the MSMEs, especially in embracing the ESG principles.
Fri Jul 29 2022
CGC offers flood relief financing to small businesses

CGC offers flood relief financing to small businesses

CGC is offering its BizBina-i financing to assist MSMEs whose business operations have been affected by the recent floods.
Mon Dec 20 2021
CGC, Standard Chartered launch RM70 mln financial facility for SMEs

CGC, Standard Chartered launch RM70 mln financial facility for SMEs

Standard Chartered is also the highest contributor among foreign banks in terms of SME financing in Malaysia.
Mon Apr 19 2021
BNM announces further information on TRRF, MEF to aid SMEs

BNM announces further information on TRRF, MEF to aid SMEs

The RM2 billion facility, aimed at assisting SMEs in the services sector, is available until Dec 31, 2021 or until its fully utilised, whichever comes earlier.
Wed Dec 02 2020
Govt to continue helping SMEs navigate recovery path in Budget 2021 - Tengku Zafrul

Govt to continue helping SMEs navigate recovery path in Budget 2021 - Tengku Zafrul

Records have shown that crucial technological and digital migration have yet to hit critical mass among SMEs.
Mon Sep 28 2020
Kristine Ng: Fundaztic's SME Lifeline to Plug the RM80 Billion Funding Gap

Kristine Ng: Fundaztic's SME Lifeline to Plug the RM80 Billion Funding Gap

Peer-to-peer (P2P) platform Fundaztics CEO Kristine Ng believes in driving financial inclusion for everybody.
Tue Sep 04 2018
CGC to provide RM400 million business financing for SMEs

CGC to provide RM400 million business financing for SMEs

Credit Guarantee Corporation (CGC) Malaysia Bhd and OCBC Al-Amin Bank Bhd inked the country's first wholesale unsecured business financing for SMEs.
Thu Apr 10 2014
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