6m ago
KUALA LUMPUR, March 24 (Bernama) -- More than 14,000 small and medium enterprises (SMEs), microenterprises, start-ups, and the low-income group grew in line with higher approval rates under development financial institutions (DFI) financing in 2024, said Bank Negara Malaysia (BNM) today.
6m ago
KUALA LUMPUR, March 20 (Bernama) -- Boost Bank has partnered with CGC Digital, a financial technology (fintech) subsidiary of Credit Guarantee Corporation Malaysia Bhd (CGC), to provide RM130 million in financing solutions for eligible underserved micro, small and medium enterprises (MSMEs).
7m ago
KUALA LUMPUR, March 12 (Bernama) -- AEON Credit Service (M) Bhd announced that it has fully redeemed its RM200 million subordinated sukuk today.
7m ago
KUALA LUMPUR, Feb 26 (Bernama) -- Yayasan Peneraju has launched a new financing scheme that will see funds disbursed directly to individuals instead of learning and training institutions.
7m ago
KUALA LUMPUR, Feb 24 (Bernama) -- SME Corporation Malaysia (SME Corp) spent development grants beyond its allocated funds, resulting in a RM7.96 million debit balance.
7m ago
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia’s fourth-quarter 2024 gross domestic product (GDP) growth of 5.0 per cent, leading to a full-year expansion of 5.1 per cent, reflects a strategically resilient economy leveraging domestic strengths amid global uncertainties, according to AmBank Group.
7m ago
KUALA LUMPUR, Feb 14 (Bernama) -- The ringgit recorded an overall appreciation of 2.7 per cent against the US dollar in 2024, standing out as one of the few Asian currencies to strengthen versus the greenback, said Bank Negara Malaysia (BNM).
8m ago
KUALA LUMPUR, Jan 28 (Bernama) -- Peer-to-peer (P2P) financing platform microLEAP recorded a 101 per cent year-on-year increase in financing disbursements, rising to RM125 million in 2024 from RM62.18 million in 2023.
8m ago
SUBANG, Jan 21 (Bernama) -- Alliance Bank Malaysia Bhd’s latest environmental, social and governance (ESG) survey has indicated a sixfold increase in environmental, social, and governance (ESG) awareness among small and medium enterprises (SMEs) in Malaysia.
9m ago
KOTA KINABALU, Jan 5 (Bernama) -- Perbadanan Nasional Bhd (PERNAS), an agency under the Entrepreneur and Cooperatives Development Ministry (KUSKOP), has disbursed RM461 million in financing to 2,283 franchise entrepreneurs nationwide since 2014.
9m ago
KUALA LUMPUR, Dec 20 (Bernama) -- The continuous strengthening of the ASEAN economy in the last decade showcased the true resilience of the region, coupled with promising economic prospects owing to its strategic location, diverse economies, and commitment to regional integration.