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Kota Kinabalu Chinese Chamber of Commerce and Industry inks finance collab with United Overseas Bank Malaysia Berhad

Kota Kinabalu: The Kota Kinabalu Chinese Chamber of Commerce and Industry (KKCCCI) is actively collaborating with government departments/agencies and financial institutions to provide assistance and convenience for members and Chinese businessmen to expand, and to help small, medium and micro enterprises to develop new markets and business transformation.

Miri ex-MP s suit against bank for lost money goes to trial in August

MIRI (March 27): Former Miri MP Dr Michael Teo’s RM10 million suit against a bank here over money that allegedly disappeared from his account some three years ago will go to trial for four days from Aug 7. High Court Judge Dean Wayne Daly scheduled the trial after both the plaintiff and defendant

Bank of Thailand (via Public) / Joint Press Release Further Expansion of the Local Currency Settlement Framework between Bank Negara Malaysia and the Bank of Thailand

Bank of Thailand (via Public) / Joint Press Release Further Expansion of the Local Currency Settlement Framework between Bank Negara Malaysia and the Bank of Thailand
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Malaysia s Central Bank Provides Financing Facility for High-Tech SMEs

BNM allocates extra RM2b for Targeted Relief and Recovery Facility, sets up RM200m Disaster Relief Facility 2021

KUALA LUMPUR (Feb 5): Bank Negara Malaysia (BNM) announced today an additional allocation of RM2 billion for the Targeted Relief and Recovery Facility (TRRF) and the establishment of a RM200 million Disaster Relief Facility (DRF) 2021. BNM said in a statement it would increase the allocation for the TRRF by another RM2 billion, increasing the total allocation of the facility to RM4 billion. The facility will be available until Dec 31, 2021 or full utilisation, whichever is earlier, it said. The bank also noted that small and medium enterprises (SMEs) that are recipients of the Special Relief Facility and PENJANA SME Financing are now eligible to apply for the TRRF, subject to a total financing limit not exceeding RM500,000.

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