Sunday, January 23, 2022
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...
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...
SMEs intending to hire workers from Bangladesh do not have much option other than to follow the terms and requirements as spelt out in the Memorandum of Understanding (MoU) between the two governments. President of the Small and Medium Enterprises Association (Samenta) Kam Lian Hooi said that the employers do...
Southeast Asia’s largest integrated car e-commerce platform Carsome Group (Carsome), today announced the completion of its US$290 million Series E round, increasing the company’s valuation to approximately US$1.7 billion. This new financing further solidifies Carsome’s position as the leading integrated e-commerce auto platform in Southeast Asia. The latest financing round...
Malaysia’s unemployment rate has been reduced to below 700,000 in November last year, the lowest since April 2020, following the revival of economic and social activities. “The overall vaccination rate is increasing while the number of daily Covid-19 cases continues to decline. These encouraging circumstances also resulted in more travelling...
SMEs in Malaysia can implement cross-border advertising through a  partnership between homegrown Adwork and Singapore’s SPH Media Ltd. Adwork is a global platform, where any advertiser around the world can buy Malaysian advertising media. As part of the regional expansion, Adwork is introducing Singaporean advertising media for advertisers in January...
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...
Hong Leong Bank (HLB) has been awarded the Best SME Bank in Malaysia 2021 by The Asian Banker for the third year in a row. HLB was also accorded the Best Cash Management in Malaysia 2021 award at The Asian Banker Transaction Finance Awards 2021 in August 2021. These two awards...
SME Corporation Malaysia (SME Corp) has appointed syariah-compliant peer-to-peer (P2P) financing platform microLEAP as the financial intermediary under its Digital Financing Initiative (DFI) pilot project. In a statement, microLEAP said the collaboration will see SME Corp disburse RM10 million worth of syariah-compliant financing to micro, small and medium enterprises (MSMEs)...
Razer Merchant Services (RMS), the B2B arm of Razer Fintech, has become the first Merchant Acquirer to enable all three channels for PayNet's Real-time Payments Platform, DuitNow. The payment channels include DuitNow QR, Cross-Border QR payments, and DuitNow Online Banking/Wallets, which RMS has enabled for online e-commerce and offline...
The Small and Medium Enterprises Association of Malaysia (SAMENTA) has expressed its view that it stands in solidarity with the thousands of SMEs that are affected by the floods. “Many of our members have reported severe damage to vehicles, machinery and stocks, some running into millions of ringgit. Our initial...
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...

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