Kuala Lumpur, 20 July 2020 - The Ministry of Entrepreneur Development and Cooperatives and the Ministry of Finance are in discussion to increase funds for TEKUN Nasional to channel additional assistance to small and medium enterprises (SMEs) affected by COVID-19.
Entrepreneur Development and Cooperatives Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar said the...
Kuala Lumpur, 20 July 2020 - Following the launch of its first solar rooftop solution, M+ by PETRONAS last year, PETRONAS New Energy is now set to grow in the domestic renewable energy space with its first commercial customer, Tesco Stores (Malaysia) Sdn Bhd (Tesco).
In delivering its commitment to...
Kuala Lumpur, 17 July 2020- Perbadanan Usahawan Nasional Bhd (PUNB) will ensure the process and approval periods for financing under the National Economic Recovery Plan (PENJANA) are expedited.
Its chairman Tan Sri Noh Omar said the approval period will be shortened from three months to three weeks to enable entrepreneurs affected by the COVID-19 pandemic receive the...
Kuala Lumpur, 16 July 2020 - The government has allocated RM315 million to strengthen the start-up industry in the country post-COVID-19 pandemic, according to the deputy Science, Technology and Innovation minister Ahmad Amzad Hashim.
He said for that purpose the Ministry of Finance (MoF) had agreed to provide an additional allocation...
Kuala Lumpur, 16 July 2020 - Fefifo Malaysia Sdn Bhd (“Fefifo”) officially launches its Equity Crowdfunding (“ECF”) campaign today on Ata Plus’ platform with a 50% discount on its valuation as part of Fefifo’s initiatives in view of the global COVID-19 crisis. Offering investors the opportunity to become ordinary...
Shah Alam, 15 July 2020 - SIRIM Berhad (SIRIM), a leading organisation for technology and quality solutions is creating another milestone in smart manufacturing and related services in the Asia Pacific by establishing its Smart Manufacturing Experience Centre at Bukit Jalil.
The centre is expected to be launched by early next year.
SIRIM president and group chief executive Ir...
Johor Bahru, 14 July 2020- The majority of Malaysians who have been ‘temporarily suspended’ from their jobs in Singapore following the Covid-19 pandemic can rest easy as their employers have stated their willingness to re-hire them.
State Investment, Entrepreneur Development, Cooperative and Human Resource Committee chairman Mohd Izhar Ahmad said...
Kuala Lumpur, 13 July 2020 - As Malaysia has stepped into the recovery stage of the Movement Control Order (MCO), more service industries have shifted stronger focus to gear up their digital avenue to increase their revenues that were badly affected since the nationwide lockdown earlier in March. While...
Kuala Lumpur, 13 July 2020 - The Malaysia Digital Economy Corporation (MDEC) has introduced several initiatives on E-commerce, Gig Economy, Talent Development and SME Growth to empower and sustain the target group with digital transformation in the new norm.
MDEC Business Digital Adoption director Muhundhan Kamarapullai said the agency under the Communications and Multimedia...
Kuala Lumpur, 10 July 2020 - Entrepreneurs who had taken loans under the financing schemes provided by financial institutions or banks have been advised to assess their cash flow and capability to make the mandatory repayments by the time the moratorium period ends in September.
Association of Development Finance Institutions of Malaysia (ADFIM) secretary-general Mohd...