Banks offer additional RM2b SME loans at 3.5% subsidised rate
KUALA LUMPUR (June 5): Besides loan moratorium, banks are offering an additional RM2 billion under the Penjana SME Financing to assist SMEs adversely impacted by Covid-19.
Penang: Local councils to reduce proposed assessment rates hike
PENANG (May 7): The state authorities here have decided to reduce the increase in the proposed assessment rates, Malaysiakini reported today.
Could smell and taste loss be a 'common' COVID-19 symptom?
KUALA LUMPUR (April 16): The loss of either smell or taste may be an early symptom of COVID-19 infection, livescience.
MTUC: Make lay-offs by SMEs illegal for specific time
KUALA LUMPUR, (April 8): Some 30 to 40 per cent of employees in small and medium-sized enterprises (SMEs) are at risk of being laid off because they are not protected by the stimulus measures announced to deal with the impact of the COVID-19 pandemic, says the country’s apex labour union group.
PM Muhyiddin's full speech (April 6) on Malaysia's Prihatin SME+ Economic Stimulus Package announcement
Bismillahirrahmanirrahim, Assalamualaikum Warahmatullah and Salam Sejahtera, My beloved fellow Malaysians.
Govt announces RM10b additional assistance for SMEs (Updated)
KUALA LUMPUR (April 6): The government today announced an additional RM10 billion assistance package targeted at helping small and medium enterprises (SMEs) which have been affected by the Movement Control Order (MCO) and the Covid-19 pandemic.
Demand to stay weak even after MCO is lifted, says AmBank Research
KUALA LUMPUR (April 6): AmBank Group Research said even if the movement control order (MCO) is lifted by mid-April or end April, demand is expected to be weak for some time due to travel aversion and social distancing.
Aid to SMEs must come with worker protection conditions, says MTUC
KUALA LUMPUR (April 5): The extra assistance for small and medium enterprises (SMEs) to be announced by the government must come with adequate conditions to ensure the SMEs do not retrench workers or cut their salaries and leaves, the Malaysian Trades Union Congress (MTUC) said today.
MIPFM: Provide lifeline to SMEs including property management services
PETALING JAYA (April 2): The recent stimulus packages announced by the government benefit many parties but unfortunately, companies which fall under the Small and Medium Enterprise (SME) category do not derive much from them and this includes a bulk of property and facility management services companies.
MICCI says more effective stimulus package needed for businesses
KUALA LUMPUR (March 31): The Malaysian International Chamber of Commerce and Industry (MICCI) says the Prihatin Rakyat Economic Stimulus Package is imbalanced between the support to employees and employers.
