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KUALA LUMPUR: Bank Pembangunan Malaysia Bhd’s acquisition of Danajamin Nasional Bhd will allow the enlarged entity to have a greater market impact, cementing its strategic importance, RAM Ratings says.
KUALA LUMPUR: While there seems to be light at the end of the tunnel in the fight against the Covid-19 pandemic, there is still much uncertainty for businesses in determining how they can best leverage current trends to prosper in the post-pandemic era.
KUALA LUMPUR: Bank Pembangunan Malaysia Bhd (BPMB) chairman Datuk Seri Nazir Razak has called for the rapid consolidation of Development Financial Institutions of (DFIs) in the country as there are too many sub-scale DFIs with overlapping mandates.
KUALA LUMPUR: More than a quarter of approved small and medium enterprise (SME) loans were to first-time borrowers during the first half of this year, while approved loans to young SMEs -- those established for not more than three years -- made up almost 20 per cent of the total volume of SME loans approved.
KUALA LUMPUR: While there are opportunities that entrepreneurs and small and medium enterprises (SMEs) can tap into even during the Covid-19 pandemic, they must also learn to leverage on the strengths of business partners in the ecosystem for the best chance of success.
KUALA LUMPUR: There are opportunities in times of crisis, as the saying goes. The question is, are the nation’s small and medium enterprises aware of these opportunities and ready to tap into them to drive revenue during the pandemic?
KUALA LUMPUR: For most companies, mainly small and medium enterprises (SMEs), the pressing issue is to keep their businesses alive.
KUALA LUMPUR: Sunway Malls is facilitating up to RM200mil in working capital to assist its retailers through financing facilities provided by RHB Banking Group and Credit Guarantee Corporation Malaysia Bhd (CGC).
KUALA LUMPUR: The nation’s small and medium enterprises have been hard hit by the pandemic as they struggle with strapped cash flow and flagging business.