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Malaysia

Higher tax threshold a significant benefit for SMEs

The absence of a broad-based corporate tax cut in Budget 2004 is compensated by the increased tax threshold for small- and medium-scale enterprises (SMEs), according to the Malaysian Institute of Taxation (MIT). MIT vice-president Dr Veerinderjeet Singh said the SME...

Morgan Stanley urges more focus on SMEs

The restructuring of the Malaysian economy and its banks since the 1997/98 Asian financial crisis has been a success, but…

#banks#funding#GDP


Exporters urged to use export credit insurance to boost...

Malaysian exporters are urged to be more aggressive in exporting their products by not relying on letters of credit (LCs),…

#bank#export credit insurance#exporters


The government joins ADB to make US$ 85m loans...

The Indonesian government and the Asian Development Bank (ADB) will channel US$85m in loans for small- and medium-scale exporters across…

#ADB#bank#exporters


Alliance Bank programme for SMEs and SMIs

Alliance Bank, in collaboration with McFab (M) Sdn Bhd, has launched the Tradelink Purchasing Card Programme, aimed at helping small-…

#bank#smes


Bank Industri posts record pre-tax profit

Bank Industri group, comprising Bank Industri & Teknologi Bhd, Exim Bank and Malaysia Export Credit Insurance Bhd, has posted a…

#bad debts#bank#Exim Bank


Hypermarts urged to link up with local SMEs

“Talks with six hypermarkets to source 30% of their products from local small- and medium-size enterprises (SMEs) has been lukewarm”,…


Potential for business partnerships with SMEs from Chugoku region

The Small and Medium Enterprises (SMEs) sector is expected to assume a critical supportive role in Malaysia's industrialisation efforts, there…

#acquisition#international#International Trade


KL to work closely with Tokyo to boost SME...

Malaysia will work closely with Japan to develop its small- and medium- sized enterprises (SMEs), in light of the business…


Bank lending to SMEs up 17.8% in 2002

Second Finance Minister Datuk Dr Jamaludin Jarjis said bank lending to small- and medium-scale enterprises (SMEs) increased by 17.8% last…

#bank#investment#risks


Government calls for more soft loans, less grants, for...

The government is considering asking small- and medium-scale enterprises (SMEs) to borrow more for development and expansion and depend less…


Under-utilised micro-credit loans due to entrepreneurs lack of awareness

Funds set aside for small- and medium-scale industry (SMI) loans as well as the micro-credit scheme under the management of…

Bank Muamalat announces new SME products and insurance tie-up

Bank Muamalat Malaysia Bhd will introduce new financial tools catering to small- and medium-scale enterprises (SMEs). President and chief executive,…

#bank#insurance#SME financing

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