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

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.

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.

There's a need for the economic front to correspond more closely to the public health front in urgency and stringency.

The plan encompasses four progressive phases, each one to be determined based on three indicators.

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.

Muhyiddin said the additional funds would bring the BNM's total funding facility for SMEs to RM6 billion.

The auditing conducted on Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) found that its financial performance was at a stable level.

Of the the total fund, RM1.6 billion will be allocated to the SME Go scheme with the remaining RM550 million for the STTF.

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.

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.

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.

The SME Bank Group has approved, as of December 2016, RM45 million in financing to 611 youth entrepreneurs under the Young Entrepreneur Fund (YEF).

Ahmad Maslan says the ministry aims to accelerate loan approvals for online Bumiputera entrepreneurs through the initiative.

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.

The United States, part of the G7, has rejected the ICC decision, with President Joe Biden describing it as outrageous.

Judges are reviewing TikTok's challenge to a law requiring ByteDance to sell its US assets by Jan. 19 or face a ban.

In Washington, White House national security spokesperson John Kirby said, "We're close" but "nothing is done until everything is done".

Chaebols are prominent figures from South Korea's family-owned conglomerates.

The implementation of the RON95 subsidy in 2025 is expected to provide savings of RM3.6 billion to government expenditure.

Dr Mohd Afzanizam says the market responded positively to news of hedge fund manager Scott Bessent heading the US Treasury Department.

Also among the highlights, UNICEF report on 12.3pct of teenagers in Klang Valley's PPR face mental health issues and suicidal tendencies.

Here are the resolution's main terms, and a note about subsequent violations and tensions.

So far this year there have been 281 aid worker victims, according to the Aid Worker Security database.

Here's how India counts farm fires - a major contributor to severe pollution in the north - and why its method is being questioned.