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ASEAN

More than 10,000 Sabah SMEs get loans under Micro...

A total of 10,314 applicants in Sabah have benefited from the Micro Credit Scheme in which RM24.6m had been approved as at 31 August this year, said Sabah's assistant finance minister, Datuk Hajiji Mohamad Noor on Tuesday (21 October). He...

Bank Negara sets up special unit to assist SMIs

Bank Negara Malaysia (BNM) has set up a special unit to overcome the debt problems incurred by small- and medium-sized…


US OPIC offers to back $1 billion future debts

The US Overseas Private Investment Corp. (OPIC) has offered to back as much as $1 billion in future borrowings of…


Small business loans P15bn in September

The government released some P15 billion in loans to small- and medium-sized enterprises (SMEs) from January to September this year…


Banks not proactive in giving out loans to SMEs

The change in the financial institutions’ corporate culture as a result of their consolidation has left small- and medium-scale enterprises…

#bank#banks#Boost


Paolo Medic bid for stake in Siam General Factoring

According to Chanin Yensudchai, managing director of Paolo Medic, operator of the Paolo Memorial Hospital, unlisted Paolo Medic is about…


Mandiri Bank to cut debt for SMEs

Shareholders of state-owned Bank Mandiri on Monday (29 September) approved the bank's plan to grant Rp2,000bn (US$238m) debt retrenchment, mostly…

#bank#management#smes


Industrial confidence peaks

Industrial sentiment hit an all-time high in August thanks to rising orders from both domestic and foreign buyers and the…


Minister urges SME participation in trade missions

The participation of local companies, especially small- and medium-sized enterprises (SMEs), in investment and trade missions overseas is still lacking…


Only 15% of SME's get loans from banks

The small- and medium-sized enterprises (SMEs) only took up about 15 per cent of the total funds released to the…

#bank#guarantees#interest rates


SMI debt revamp panel will boost sector, improve banks'...

The proposed small- and medium-scale industry (SMI) Debt Restructuring Committee (SDRC) is expected to strengthen the SMI sector and improve…


SME Bank and Nova Scotia Bank link to boost...

The Small and Medium Enterprises Development Bank of Thailand (SME Bank) has formed an alliance with Toronto-based Nova Scotia Bank…

#bank#exporters#guarantees

SME aid schemes not meant to confuse

Small- and medium-sized enterprises (SMEs) are often bewildered by a plethora of assistance schemes when they go to the government…

#Clear#forum#smes

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