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CGC, StanChart launch RM70mil financial facility for SMEs

CGC president/chief executive officer Datuk Mohd Zamree Mohd Ishak
KUALA LUMPUR: Credit Guarantee Corporation Malaysia Bhd (CGC) and Standard Chartered Malaysia have launched a RM70 million financial tranche to provide small and medium enterprises (SMEs) with working capital, bringing the total amount of tranches jointly launched by both parties to RM1.71 billion.
Standard Chartered is also the highest contributor among foreign banks in terms of SME financing in Malaysia.
In a joint statement, the companies said under a Portfolio Guarantee (PG) agreement, the financing facility is expected to help ease the burdens of SMEs and sustain their business as they recover from the effects of the pandemic. ....

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Recognising our non-listed firms

Recognising our non-listed firms
thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.

Malaysia General , Kim Heng , Lydia Wang , Mohd Aminuddin , Sdn Bhd , Chong Sdn Bhd , Mohd Mustafa Abdul Aziz , Alex Yeow , Azmin Ali , Logistics Group , Bank Bhd , Credit Guarantee Corporation Malaysia Bhd , Star Media Group Bhd , Green Initiative , Logistics Group Sdn Bhd , Credit Guarantee Corporation Malaysia , Industry Ministry , Malaysia External Trade Development Corporation Matrade , Customer Service , Star Outstanding Business Awards , Gala Night , Malaysian Business , Senheng Electric , Klinik Dr Chong Sdn Bhd , Best Brand , Best Employer ,

SOBA judges laud quality submissions

SOBA judges laud
PETALING JAYA: Small and medium enterprises, as well as the country’s non-listed companies, have seen improvement in various aspects as compared to previous years.
The Star Outstanding Business Awards (SOBA) judges, SME Association of Malaysia national council member Datuk Grace Chia and Malaysian Associated Indian Chambers of Commerce and Industry council member Selva Nagappan, both acknowledged the progress of companies in growing their businesses in different ways.
While there was a ‘big gap’ between companies that achieve revenue slightly over the RM25mil mark and bigger ones that rake in RM300mil, both noted there were also a number of SMEs putting in admirable effort with the resources they have. ....

Malaysia General , Selva Nagappan , Bank Bhd , Logistics Group Sdn Bhd , Association Of Malaysia , Credit Guarantee Corporation Malaysia Bhd , Ministry Of International , Star Outstanding Business Awards , Datuk Grace Chia , Malaysian Associated Indian Chambers , Group Sdn Bhd , Guarantee Corporation Malaysia Bhd , International Trade , Bursa Malaysia , Poh Ern , Corporate News , மலேசியா ஜநரல் , செல்வா நாகப்பன் , வங்கி ப்ட் , தளவாடங்கள் குழு ஸ்டன் ப்ட் , சங்கம் ஆஃப் மலேசியா , கடன் உத்தரவாதம் நிறுவனம் மலேசியா ப்ட் , அமைச்சகம் ஆஃப் சர்வதேச , நட்சத்திரம் ஔட்‌ஸ்ட்யாஂடிஂக் வணிக விருதுகள் , மலேசியன் தொடர்புடையது இந்தியன் அறைகள் , குழு ஸ்டன் ப்ட் ,

12 banks come to the aid of flood victims | Daily Express Online - Sabah's Leading News Portal

Published on: Saturday, January 16, 2021
By: Bernama
Text Size:
Kuala Lumpur: Twelve banks have responded to the national call for moratorium assistance and flood aid relief, especially for those affected by the current flood situation.
Since Monday, Affin Bank Bhd, RHB Bank Bhd, Public Bank Bhd, Malayan Bank Bhd, Bank Simpanan Nasional Bhd, Bank Muamalat Malaysia Bhd, CIMB Bank Bhd, Bank Islam Malaysia Bhd, Alliance Bank Malaysia Bhd, Hong Leong Bank Bhd, SME Bank Bhd, and OCBC Bank Bhd have rendered financial assistance to customers affected by the floods, with the number of evacuees reaching 48,000.
The 12 banks are offering loan moratorium for up to six months, with some providing deferment of loan instalment and waiver of late payment charges. ....

Kuala Lumpur , Hong Leong , Bank Simpanan Nasional Bhd , Alliance Bank Malaysia Bhd , Bank Bhd , Affin Bank Bhd , Bank Muamalat Malaysia Bhd , Credit Guarantee Corporation Malaysia Bhd , Life Insurance Association Of Malaysia , Malayan Bank Bhd , Public Bank Bhd , Bank Islam Malaysia Bhd , Hong Leong Bank Bhd , Insurance Association Of Malaysia , Debt Management Agency , Affin Bank , Guarantee Corporation Malaysia Bhd , General Insurance Association , Life Insurance Association , குவாலா லம்பூர் , ஹாங் லியோங் , வங்கி சிம்பனன் நேஷனல் ப்ட் , கூட்டணி வங்கி மலேசியா ப்ட் , வங்கி ப்ட் , ஆயின் வங்கி ப்ட் , கடன் உத்தரவாதம் நிறுவனம் மலேசியா ப்ட் ,

Malaysia continues to be preferred investment destination, says Finance Minister | Money

Monday, 11 Jan 2021 10:52 PM MYT
Finance Minister Datuk Seri Tengku Zafrul Tengku Abdul Aziz delivers a speech during Credit Guarantee Corporation Malaysia Bhd’s 25th Financial Institution and SME Awards in Kuala Lumpur September 28, 2020. Bernama pic
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KUALA LUMPUR, Jan 11 Both international and domestic business communities have remained committed to Malaysia due to the country’s strengths and potential, said Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz.
Despite the Covid-19 pandemic, he said many international companies and multinational corporations have started establishing vendor development programmes and supply chain management initiatives, together with local companies and suppliers. ....

Kuala Lumpur , United States , United Kingdom , Sdn Bhd , Tengku Zafrul , Tengku Zafrul Abdul Aziz , French Malaysia Chamber , American Malaysian Chamber , Credit Guarantee Corporation Malaysia Bhd , Ministry Of International , Financial Institution , British Malaysia Chamber , Guarantee Corporation Malaysia Bhd , Kuala Lumpur September , Ultra Clean , Keysight Technologies , Nippon Electric Glass , International Trade , Foreign Investment In Malaysia , Tengku Zafrul Aziz , குவாலா லம்பூர் , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , ஸ்டன் ப்ட் , பிரஞ்சு மலேசியா அறை , அமெரிக்கன் மலேசியன் அறை ,