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Court dismisses objection by Hindraf group

KUALA LUMPUR: The preliminary objection raised by 23 Hindu Rights Action Force (Hindraf) members against their charge for participating in an illegal assembly two years ago has been dismissed by the High Court here.


Hindraf 23: Court dismisses preliminary objection

The KL Sessions Court dismissed a preliminary objection raised by 23 members of the Hindu Rights Action Force (Hindraf) against their charge for participating in an illegal assembly two years ago.


East Malaysians not interested in financial aids, says minister

MIRI: The interest is only two%, but there seem to be little interest among industrialists and business folks in east Malaysia to take up loans from the Malaysian Industrial Development Fund (MIDF) and the Small and Medium Entreprises Bank (SME Bank).


Danajamin gives SMEs easier access to funding

The establishment of the country's first financial guarantee institution, Danajamin Nasional Bhd, will give companies, especially small and medium enterprises (SMEs), easier access to funding.


MCA urges banks to give out micro-credit speedily

The MCA has urged banks and financial institutions to expedite the processing of micro-credit financing applications to prevent people from turning to loan sharks.


RM250bil liquidity in banking and capital marts, says Najib

The country has a huge liquidity of RM250bil in the banking and capital market which can be tapped into, said Deputy Prime Minister Datuk Seri Najib Tun Razak.


Ministry’s five-year plan to boost bumi businesses

The International Trade and Industry Ministry is drafting a Bumiputra Development Master Plan to increase bumiputra participation in the services and manufacturing sectors.


SMIs doing well despite gloom, says MIDF

Small and medium localised industries are doing well amidst the global recession with only 37% of the 519,000 entrepreneurs under the Malaysian Inter­national Development Finance Berhad asking to restructure their loans.


Investment company founder fined for false statement

A founder of an investment holding company was fined RM150,000 for permitting the furnishing of a false statement to the Securities Commission (SC) relating to dealings in company shares.


Give more help to SMEs, Govt urged

The SMI Association of Malaysia wants the Government to look into ways to provide greater and more readily accessible financial aid to small and medium-scale enterprises (SMEs).