Wednesday, January 26, 2022
Content aggregator Newswav has raised RM6 million in its latest Series A funding led by OSK Ventures International Bhd to further strengthen its market-leader position and drive user penetration in key market segments. With a mobile-first focus in mind, Newswav launched its mobile application in 2017 and is now has...
CIMB Bank Bhd plans to channel the proceeds from its Sustainable Development Goal (SDG) Bond to eligible sustainable projects such as SMEs and start-ups, affordable housing, public schools and hospitals, green mass transit, climate resilient buildings and infrastructure, forestry, and wildlife conservation projects, as well as Covid-19 and other...
United Overseas Bank Ltd (UOB) has signed agreements to acquire Citigroup’s consumer banking businesses comprising its unsecured and secured lending portfolios, wealth management and retail deposit businesses in Indonesia, Malaysia, Thailand and Vietnam. The total cash price for the acquisition, will be calculated based on an aggregate premium equivalent to...
Malaysia’s oldest association for small and medium enterprises, SAMENTA, will be celebrating its 35th anniversary on 18 March 2022 with an anniversary dinner and SME100 awards night to be graced by His Excellency Tuan Yang Terutama Tun Dato’ Seri Utama Ahmad Fuzi bin Haji Abdul Razak, Governor of Penang. SAMENTA...
First Digital Trade has launched a financial Super App that will permit international companies to have a complete suite of tools for exporters. The Super App will permit instant worldwide payment through the platform, invoice financing, electronic bill of lading, business money accounts, shipping insurance, but the most welcomed...
SKS Airways Sdn Bhd, a new commercial airline in Malaysia, has been awarded the full Air Service Licence (ASL) by the Malaysian Aviation Commission (Mavcom) effective 1 January 2022. With the announcement, SKS Airways is set to launch flight operations in the near future. SKS Airways is the latest scheduled...
Prudential Singapore has partnered Ngee Ann Polytechnic and ST Engineering to equip SMEs with the knowledge and resources on how to go digital in a safe and secure manner. The support includes a digital commerce playbook launched in collaboration with Ngee Ann Poly in September 2021 to help SMEs kickstart their...
2021 is a roller-coaster year for Malaysian SMEs; with the extended lock down deeply impacting growth. As the economy gradually reopens, SMEs are once again hopeful for a strong recovery. Despite the challenging environment faced by SMEs throughout the year, an astounding 126 Malaysian SMEs have emerged as winners of...
Kenanga Investment Bank Bhd (Kenanga) has become the first Malaysian investment bank to join the United Nations Global Compact, demonstrating its commitment to principles of human rights, labour, environment and anti-corruption. Kenanga joins a global network of companies committed to taking action for a better future. Launched in 2000, the...
The Kuala Lumpur Convention Centre has welcomed the recent announcement by the Minister of Tourism, Arts and Culture (Motac), Datuk Seri Nancy Shukri, that her ministry will be holding talks with the Finance Ministry about allocating funds for the Malaysia Convention and Exhibition Bureau (MyCEB), to ensure the continued...
With all the uncertainties of the economy faced during these trying times, wouldn’t businesses want a safety net to fall on? Especially when it comes to untoward incidences which lead to unplanned losses. For most small medium enterprises (SMEs) which are built over blood, sweat and tears, it only...
2021 is the year of ‘innovation and adaptability’ as the pandemic pushed SMEs to alter their business plans and strategies to sustain growth and thrive during the economic crisis and lockdown. This immense pressure has caused many SMEs to change their business operations drastically to survive or even close...

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