SME News
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2023-05-18
Report: EPF says no to another round of special withdrawals, calls for return to fund's original purpose
KUALA LUMPUR, May 18 — The Employees' Provident Fund (EPF) disagrees that there is a need to allow Malaysians a fifth round of special early withdrawal from their retirement savings this year, as there is no emergency situation now unlike d...
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2023-05-18
Sarawak commercial bank welcomed, but must cater to state, SMEs’ needs
SMALL and medium enterprises (SMEs) are an essential part of any country’s economy, contributing significantly to employment, economic growth and innovation. Despite being the driving forces, they often face challenges, mainly limited a...
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2023-05-17
HSBC TravelOne Credit Card sets benchmark for travel convenience
PETALING JAYA: HSBC Malaysia has set a new benchmark for travel convenience by unveiling a new product, the HSBC TravelOne Credit Card, which allows customers to instantly redeem their travel rewards with selected leading airlines and hotel chains. ...
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2023-05-17
Moody's expects Malaysia's strong Islamic finance growth to continue for next 12 to 18 months
KUALA LUMPUR: Moody’s Investors Service (Moody’s) expects strong Islamic finance growth in Malaysia to continue over the next 12 to 18 months supported by more government initiatives and digital banking. Financial institutions group an...
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2023-05-17
Malaysia's inflation rises to 3.3% in 2022
KUALA LUMPUR: Malaysia's inflation in 2022 rose to 3.3 per cent versus 2.5 per cent in 2021, with the index points standing at 127.2 last year versus 123.1 in 2021, said the Department of Statistics Malaysia (DoSM). Chief statistician Datuk Se...