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Small- and medium-sized enterprises (SMEs) have proven resistant and less vulnerable to the shocks of the economic and financial crisis. However, most SMEs lack entrepreneurship in various fields. In this respect, the Ministry of Industry and Primary Resources in collaboration...
#crisis#economy#smes
A total of 10,314 applicants in Sabah have benefited from the Micro Credit Scheme in which RM24.6m had been approved…
Seylan Bank has reduced its lending rates ranging from 0.5% to 1% per annum with effect from 1 November. The…
Bank Negara Malaysia (BNM) has set up a special unit to overcome the debt problems incurred by small- and medium-sized…
At the beginning of this year the SME Promotion Regulation was put into effect to tackle the problem. Also, the…
The US Overseas Private Investment Corp. (OPIC) has offered to back as much as $1 billion in future borrowings of…
Vakifbank said on Friday (17 October) it had mandated a consortium of foreign banks for a US$150m syndicated loan to…
#banks#exports#international
Bumiputra-Commerce Bank Bhd (BCB) hopes to approve RM60m in loans by the year-end under its BCB Fast Track SME Loan,…
#bank#conference#guarantee
The Export-Import Bank of Korea (EXIM Bank) is seeking to become a core bank for international business, supporting the government’s…
With the nation's economic slump leaving a raft of companies behind on their debt payments, domestic banks are moving to…
#bank#financial services#guarantees
According to the State Bank of Pakistan’s (SBP) executive director, SBP Mansoor-ur-Rehman Khan, the bank will announce prudent regulations for…
Kursad Tuzmen, the State minister responsible for foreign trade, expects exports to reach $45bn and imports to stand at $64bn-$65bn…
The Korea Federation of Small and Medium Business said on Monday (13 October) that it has formulated an arrangement with…