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ASEAN

Central bank says no signs of a slowdown in...

Thailand’s economy maintained its robust growth in May, driven by strong domestic demand and higher exports in terms of both value and volume according to the Bank of Thailand. “Overall the Thai economy continued to expand favourably in May, supported...

Standard Chartered targets SMEs to form 10% client base

Standard Chartered Bank Malaysia Bhd aims to have local small- and medium-scale enterprises (SMEs) making up at least 10 per…

#bank#financial services#management


Few SMEs taking advantage of government loan assistance

The P10 billion (US$188 million) financial credit assistance made available by the government for small- to medium-size enterprises (SMEs) expires…


Sulong loans to SMEs total P5.5 billion in first...

The government has released P5.54 billion in loans to more than 16,000 small- and medium-scale enterprises (SMEs) in the first…


VAT finally imposed on banks, factors and leasing companies...

The Department of Finance and the Bureau of Internal Revenue ended years of suspense and imposed value-added tax on banks…

#assignment#bank#receivables


Bank Negara safeguards must be in place before banks...

Banking business as defined by the Banking and Financial Institutions Act 1989 (Bafia) includes the business of receiving deposits, paying…


Deputy PM calls on SMEs to capitalise on ‘cash-flow...

The Government has made credit access sufficiently easy for small- and medium- scale enterprises (SMEs) that they can stop turning…


Credit Guarantee Corp offers more funds and increased flexibility...

Credit Guarantee Corp Malaysia Bhd (CGC) has revised its Islamic banking guarantee scheme (IBGS) to increase available funds for small-…


SMES need financing to sustain operations

A Japanese consultant said SMEs in the region need robust financing and adequate marketing assistance to attain sustainability in entrepreneurship.…

#international#smes#sustainability


SME Bank to raise capital to accommodate demand for...

The Finance Ministry has granted approval to the Small and Medium Enterprises Development Bank (SME Bank) to raise its capital…


Federation of Malaysian Manufacturers lobbies banks for alternative collateral...

The Federation of Malaysian Manufacturers (FMM) has proposed that banks should offer alternative forms of collateral for small- and medium-sized…

#bank#guarantees#interest rates


Federation of Thai Industries to speed up SME loan...

The Federation of Thai Industries (FTI) has signed an agreement with the Small and Medium Enterprise Development Bank of Thailand…

President to seek US$95m from Washington to fund SMEs...

President Gloria Macapagal-Arroyo will ask Washington for US$95 million in technical and financial assistance to boost the growth of local…

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