PM Anwar: Banking industry needs to remain competitive in postnormal times

[ KUALA LUMPUR: The government has urged the country’s banking industry to remain competitive in dealing with the concurrent three Cs phenomenon in postnormal times — complexity, chaos and contradictions. Prime Minister Datuk Seri Anwar Ibrahim said that given the financial industry’s vital role in supporting the national economy, banks need to have a strong … Read more

Maybank aims to disburse about RM18bil of SME financing this year

[ KUALA LUMPUR: Malayan Banking Bhd (Maybank) aims to disburse around RM18 billion of small and medium enterprises (SME) financing in 2024, representing a 13 per cent growth to further accelerate its customers’ transition to a more viable future. Group chief executive officer for community financial services Datuk John Chong said the bank mobilised close … Read more

Turning a challenge into business opportunity

[As an optimist, Jowin Goh Sze Swen sees the positive side of things even in difficult times. Read full story Read original article here Denial of responsibility! Genx Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful … Read more

Maybank offers flood relief assistance to affected customers nationwide

[ KUALA LUMPUR: Malayan Banking Bhd (Maybank) is offering flood relief assistance to ease the financial burden faced by individuals, small and medium enterprises (SME), and other non-retail Maybank customers affected by the floods. The list of assistance includes deferment of financing/loan repayment, a reduction in monthly instalments, or an extension of repayment tenure. In … Read more

Indifra Ltd Rs 14 crore SME IPO to close on December 27

[ Gujarat Based Infrastructure Management Company, Indifra Ltd is planning to raise Rs. 14.04 crore from its SME public issue. The public issue opened for subscription on December 21 and closed on December 27. The Proceeds of the public issue will be used for funding investment for acquisition, meet working capital requirements, and General Corporate … Read more

Lending a helping hand

[Sustainability practices are expected to make a huge impact on small and medium enterprises (SMEs) which are the backbone of Malaysia’s economy. Read full story Read original article here Denial of responsibility! Genx Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All … Read more