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KUALA LUMPUR: The Entrepreneur and Cooperatives Development Ministry through the Vendor Development Programme has allocated RM33.5mil to help empower local Bumiputera companies between 2021 and last year, the Dewan Rakyat was told on Tuesday.
KOTA KINABALU: Discussions are set to begin on establishing a strategic partnership between the Entrepreneur Development and Cooperatives Ministry and Shell Malaysia, with the energy and petrochemical giant potentially joining as an anchor company or vendor.
KOTA KINABALU: Sabah's oil and gas services and equipment (OGSE) industry has secured RM2bil in contracts from PETRONAS and Petroleum Arrangement Contractors (PACs) between 2021 and 2024.
About 300 diners received free meals at Anjung Section 7 food court as part of Shah Alam City Council's (MBSA) ongoing Free Meal Programme.
Vendor Development Programme nurtures business capabilities of UEM Group’s suppliers.
KUALA LUMPUR: Bank Muamalat Malaysia Bhd is allocating RM500 million in financing facilities to assist vendors in business and technology development in line with Industry 4.0.
KUALA LUMPUR: SME Bank has approved more than RM30.6 billion in financing to 17,380 Bumiputera micro, small, and medium enterprises (MSMEs) since its inception, encompassing dedicated bumiputera programmes and various other financing facilities.
KUALA LUMPUR: Sarawak Energy Bhd has inked a memorandum of understanding with RHB Islamic Bank Bhd, Small Medium Enterprise Development Bank Malaysia Berhad (SME Bank) and Ikhtiar Factoring Sdn Bhd to provide financing solutions for local contractors under the energy developer and power utility’s Vendor Financing Programme.
PUTRAJAYA: The proposal to mandate the purchase of 70% halal and Bumiputera products for official government programmes will be presented at the upcoming Bumiputera Economic Congress 2024 as a resolution to empower the halal industry, says Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.
KOTA KINABALU: A joint verification operation targeting inactive taxpayers in Sabah's capital has uncovered 380 individuals still running businesses despite being listed as non-active in tax records.
Oil and gas (O&G) services provider Dialog Group Bhd together with other Petroliam Nasional Bhd (PETRONAS) suppliers may benefit from United Overseas Bank (M) Bhd’s (UOB) recently launched Sustainable Vendor Financing Programme (SVFP).
KUALA LUMPUR: Next Generation Oil Sdn Bhd plans to develop 15,378.05 hectares of algae plantations in Malaysia at a development cost of US$38 billion (US$1=RM4.2030) over the next 12 years.
BANGI: Tenaga Nasional Bhd (TNB) awarded RM16.9bil in contracts to vendor companies under its Bumiputera Manufacturers and Contractors Programme (PPKB) from 1995 till 2019.
KUALA LUMPUR: Sarawak Energy Bhd has inked a memorandum of understanding (MoU) with RHB Islamic Bank Bhd, Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) and Ikhtiar Factoring Sdn Bhd to provide financing solutions for local contractors under the energy developer and power utility’s vendor financing programme.
KOTA KINABALU: The development of tamu desa, or rural traditional markets, is well underway in Sabah, with 14 of the 36 sites completed last month, said Datuk Ewon Benedick.
TO say that it’s been a challenging year for small and medium enterprises (SMEs) would be an understatement and fortunately ecosystem players such as SME Bank are taking the lead to pave the way for Malaysia’s smaller companies to gain access to opportunities in these trying times.
