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Business 17 Jun 2004 | 12:00 AM

Global Soft targets 50% rise in profits

Global Soft (MSC) Bhd, a Multimedia Super Corridor-status company that specialises in developing and marketing enterprise resource planning (ERP) software, is aiming for a 30% to 50% increase in net earnings this year.

Business 10 Jun 2004 | 12:00 AM

More SME entries called for award

NANYANG Siang Pau, which last year received 227 nominations for its Golden Bull Award, hopes for greater participation this year, especially from Sabah and Sarawak, said organising chairman Michael Ho.

Business 05 Jun 2004 | 12:00 AM

National SME committee planned

THE Government has proposed to set up a National Small and Medium Enterprise (SME) Development Committee to enhance the development of local SMEs, said Deputy Finance Minister Datuk Dr Ng Yen Yen.

Business 03 Jun 2004 | 12:00 AM

SSA sees 50% sales rise in Malaysia

GLOBAL extended enterprise resource planning (ERP) solutions provider SSA Global is confident of achieving a 50% rise in revenue from its Malaysian operations to US$4.5mil in its next financial year to July 31, 2005, said managing director (South Asia) Fulvio Lana.

Business 03 Jun 2004 | 12:00 AM

Maiden REDtone dividend

DISCOUNT call provider REDtone International Bhd announced it first interim dividend on Wednesday and said it will continue to distribute a large chunk of its profits to shareholders in the future.

Business 28 May 2004 | 12:00 AM

No plans to raise BLR just yet, says SBB

SOUTHERN Bank Bhd (SBB) has no immediate plan to lower its base lending rate (BLR) but expects the new interest rate mechanism announced last month to raise the cost of credit for riskier borrowers as it better differentiates its customers.

Business 19 May 2004 | 12:00 AM

China regulator okays new Shenzhen board for SMEs

The China Securities Regulatory Commission has given approval to the Shenzhen Stock Exchange to set up the long-awaited special board for small- and medium-sized enterprises (SMEs), providing them with a platform to raise much needed capital to finance their businesses.

Nation 14 May 2004 | 12:00 AM

92 apply to restructure SMI loans worth RM85mil

Bank Negara has received 92 applications to restructure non-performing loans of small and medium industries (SMIs) valued at RM85mil.

Business 28 Apr 2004 | 12:00 AM

Samsung expanding market share through Brand Plaza

Samsung Malaysia Electronics (SME) Sdn Bhd plans to expand its market share through its branding concept called the Brand Plaza to Penang and Johor Baru to further enhance its presence in Malaysia, said managing director Won Jong Duk.

Business 21 Apr 2004 | 12:00 AM

PUNB: RM487mil loans given to SMEs

PERBADANAN Usahawan Nasional Bhd (PUNB) has provided loans worth RM487mil to 120 small- and medium-scale enterprises, and RM131mil to retail ventures, since its inception 12 years ago, PUNB chairman Tan Sri Abu Bakar Mohd Noor said.