“Talks with six hypermarkets to source 30% of their products from local small- and medium-size enterprises (SMEs) has been lukewarm”, said Domestic Trade and Consumer Affairs Minister Tan Sri Muhyiddin Yassin.
The Small and Medium Enterprises (SMEs) sector is expected to assume a critical supportive role in Malaysia's industrialisation efforts, there is potential for SMEs from Japan's Chugoku region to increase their participation in Malaysia, said Inte
Malaysia will work closely with Japan to develop its small- and medium- sized enterprises (SMEs), in light of the business sector's greater role in the economy.
Second Finance Minister Datuk Dr Jamaludin Jarjis said bank lending to small- and medium-scale enterprises (SMEs) increased by 17.8% last year from a reduction of 12.9% in the 1998-2001 period.
The government is considering asking small- and medium-scale enterprises (SMEs) to borrow more for development and expansion and depend less on grants.
Funds set aside for small- and medium-scale industry (SMI) loans as well as the micro-credit scheme under the management of Bank Simpanan Nasional (BSN) Bhd are under-utilised, recent data from Bank Negara Malaysia shows.
Bank Muamalat Malaysia Bhd will introduce new financial tools catering to small- and medium-scale enterprises (SMEs).
Standard Chartered Bank Malaysia Bhd aims to have local small- and medium-scale enterprises (SMEs) making up at least 10 per cent of its total clients before the country's financial services sector is liberalised in 2007.
Banking business as defined by the Banking and Financial Institutions Act 1989 (Bafia) includes the business of receiving deposits, paying and collecting cheques drawn or paid in by customers, lending of money, leasing business, factoring business
The Government has made credit access sufficiently easy for small- and medium- scale enterprises (SMEs) that they can stop turning to loan sharks and illegal moneylenders for funds.
