SME redefinition does not affect MTDC’s funds disbursement
Malaysian Technology Development Corp (MTDC) said the redefinition of small and medium enterprises (SMEs) has not affected the fund provider’s assessment in disbursing funds to local companies. “As we are dealing with start-ups and sma...
New definition of SME shuts out companies from grants
Listed entities and government-linked companies (GLCs), including their subsidiaries, are no longer deemed as small and medium enterprises (SMEs) and do not qualify for any government assistance. Companies under the Minister of Finance Inc, state-...
Govt will look out for Chinese community, says Najib
KUALA LUMPUR, Feb 20 — The government will continue paying attention and tending to the needs of the Chinese community to ensure that they will prosper together with the country, says Datuk Seri Najib Razak. The prime minister said the Chine...
SME Bank aims to disburse RM2.9b of financing in 2018
SME Development Bank Malaysia Bhd (SME Bank) aims to disburse RM2.9 billion of financing this year, helped by the better economic performance, ringgit’s appreciation and improvements in the retail sector. COO Datuk Razman Mohd Noor said the ...
Pikom inks MoUs with 5 associations for SMEs to adopt e-commerce
THE National ICT Association of Malaysia (Pikom), on Feb 12, signed Memoranda of Understanding (MoU) with five associations in a direct effort to help more local small medium enterprises (SMEs) to adopt e-commerce. The move is in line with the Gov...