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KUALA LUMPUR: CIMB Bank Bhd and CIMB Islamic Bank Bhd announced that all individual (B40, M40 and T20), microenterprise and affected small and medium enterprise (SME) customers can now opt-in for a six-month moratorium with approvals given automatically.
KUALA LUMPUR: The six-month moratorium for all individuals, micro-enterprises and affected small and medium-enterprises (SMEs) begins today, according to Bank Negara.
Pemulih is the latest economic recovery package to the rescue.
Schwin Chiaravanont -- whose family controls the 100-year-old Charoen Pokphand Group -- is planning to raise $500 million for his flagship private-equity venture 9 Basil, which aims to use most of the new money to step up purchases of distressed assets.
KUALA LUMPUR: The six-month moratorium for all individuals, microenterprises and affected small and medium-enterprises (SMEs) begins on Wednesday, according to Bank Negara Malaysia.
BANGKOK (Bloomberg): Many small and medium-sized enterprises, the backbone of Thailand’s economy, are struggling with crushing debt loads that could force them out of business as the latest wave of Covid infections dims the prospects for an economic recovery.
KUALA LUMPUR: Keeping unemployment low by helping small and medium enterprises (SMEs) retain their workers through wage subsidies and loan moratoriums during the pandemic is the first line of defence in helping households, Asia Analytica said.
BUSINESSES in the sports industry affected by the Covid-19 pandemic can finally breathe easy as the Government coordinates various assistance initiatives through the Youth and Sports Ministry Prihatin Secretariat (Spike) to help them stay afloat.
KUALA LUMPUR: SME Bank unveiled its RM3bil sustainability sukuk wakalah programme which will focus on six initial key sectors of energy, manufacturing, transport, building, waste and water.
KUALA LUMPUR: SME Association of Malaysia has urged micro, small and medium enterprises (MSMEs) to adopt technology and digital in order to bounce back from the COVID-19 pandemic.