Find out more on how CIMB brings you more ONG in 2020! It is that time of the year again! After celebrating the new year of 2020, we usher into the Year of the Rat and kick-start Chinese New Year (CNY) with numerous Lou Sang gatherings accompanied by plenty of well-wishes. As part of the […]

SME financing is an important part of a business owner’s journey and budding entrepreneurs. To constantly grow businesses, many Malaysians opted to obtain SME financing facility from banks and their counterparts. However, not everyone will be able to pull through and pass the financing application due to various issues. Here are top 5 reasons why […]

SME (Small and Medium Enterprise) financing is about getting funds to keep your new or current business alive. The way upwards is none other than continuous growth, showered with the right SME financial investment. As business owners, you are usually torn by a myriad of financing options, each with their own pros and cons. To […]

You don’t need a large business to get one. Many Malaysian entrepreneurs, when first starting a business, begin using a personal credit card for certain business expenses. However, once the business starts to grow, one should start to garner tangible benefits from using a good business credit card — i.e, a credit card in your […]

The ultimate roundup of low cost franchise opportunities including Tealive and more. As of 7 November 2019, we have refreshed this list with new franchises that recently entered the market, some of which are highly coveted Taiwanese bubble tea brands that you may already have tried! Franchising can be a great way to get into […]

The latest business and entrepreneurship allocations from Budget 2020. We have compiled the salient points on Government funding, entrepreneurship and tax scheme from the full text of Budget 2020, delivered by the Finance Minister on 11 October 2019 in the Parliament of Malaysia (click here for the full text of the speech) : Read also: […]

SMEs are the growth engines of the nation. The Small and Medium Enterprises (SME) landscape in Malaysia show that this segment is 98.5% of all business establishments, and in 2018, SMEs contributed RM521.7 billion of the nation’s gross domestic product (GDP), while providing 5.7 million jobs to 70% of Malaysia’s workforce. However, being less financially […]

CIMB has refreshed their SME business proposition, to provide customers with a complete suite of solutions that go beyond banking. Anchored on three pillars: SME Transact (e.g. cash management services), SME Financing (e.g. no-collateral and business property financing), and SME Partners (various services from logistics, workspace and connectivity etc, offered by CIMB partners). Both CIMB […]

CIMB Group Holdings Bhd recently launched RM100 million in financing for small and medium enterprises (SMEs) to acquire and install renewable energy technology, as part of its RM15 billion SME allocation for 2019–2020, and the group’s sustainability commitment. Among the first initiatives of this agenda is to provider smaller SMEs with 100% financing to cover […]

Did you know a CIMB Business Current Account-i has rewards beneficial to your business? When you start a business, one of your first tasks should be to open a ​business bank account. If you already run your own small or side business and have been funneling earnings into a personal bank account, it’s time you […]

The backbone of our economy. A vague line you’ve heard a many times, and maybe even said yourself. It’s been reported in many news articles and the government is never short on entrepreneurship support. But the facts are that our country’s economic fate does rely on the success of Small and Medium Enterprises (SME). Don’t […]

Put your business savings to work with a top-rate term deposit. If your business has a lump sum of cash that you want to park in a short term investment option, business term deposits (or fixed deposits) are available from a range of Malaysian banks. This allows your company to increase returns with competitive interest […]