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KUALA LUMPUR: While digital banks are disruptors relative to traditional banks and will intensify competition, their impact will be limited in the next three years, given the regulatory restrictions on their asset size, that is, not more than RM2 billion, said RAM Rating Sdn Bhd (RAM Ratings).
PETALING JAYA: The Entrepreneur Development and Cooperatives Ministry (Medac) has prepared the Entrepreneur and Cooperative Recovery Plan to assist entrepreneurs affected by Covid-19.
BANGKOK (The Nation/ANN): The Cabinet has ordered the Ministry of Finance to come up with plans to provide additional financial aid to small and medium enterprises (SMEs) who have been affected by the Covid-19 situation, Government Spokesperson Narumon Pinyosinwat said on Tuesday (May 26).
KUCHING:More small and medium enterprises (SMEs) in Sarawak are set to benefit from the interest-free soft loans which has been increased to RM1bil with the participation of four more commercial banks.
PETALING JAYA: Local companies should capitalise on digitisation and e-commerce to build a global brand name in the “new normal", says International Trade and Industry (Miti) Deputy Minister Datuk Lim Ban Hong.
Non-bank/tech players take long-term view of outlook
VENEER Mark Sdn Bhd has seen solid progress over the years with consistent double-digit growth year-on-year since it started life as a manufacturer of laminated boards and plywood for fancy veneer in 2007.
PETALING JAYA: Advertising e-commerce platform Adwork.io is fast making headway in the small and medium enterprise (SME) segment.
JOHOR BARU: Johor-based business organisations lauded the decision by the state government to set up the Johor Investment Co (Jico) in Singapore.