Maybank just unveiled and launched a digital SME financing platform for SMEs. This will only require 10 minutes of your time to get the approval from the bank. Read below on how you can apply, the eligibility and the benefits you can get. If you’re a small and medium-sized enterprise (SME) looking for extra financing […]

Do you want to support local businesses in Malaysia and at the same time, give back to the community? In conjunction with Malaysia Day, we listed 7 SMEs that can give you that opportunity. Find out what they are and the products they are selling. The effects of the COVID-19 pandemic are clear: it has […]

The COVID-19 outbreak has massively impacted the overall economy. Many businesses are struggling to stay alive, with cash flow issues becoming one of the biggest problems caused by this pandemic. Thankfully, CIMB@Work is here to help organisations and employees to ease monetary woes. What is CIMB@Work? CIMB@WORK is a new initiative by CIMB Bank which […]

There’s little doubt that the COVID-19 pandemic has massively impacted all small and medium enterprises (SMEs) across the country. As most organisations are struggling to balance the books, here are some handy tips to help restructure your finances during this pandemic. Understanding Financing Revised Payment Terms During this pandemic, financing revised payment terms paves a […]

Malaysia 5.0 can lead to better and more sustainable economic growth. With this, Small and Medium Enterprises (SMEs) play an important role in performing digital transformation strategies. But what is digital transformation? What are its benefits and how can your business take advantage of it? Read this article to learn more. If you follow the […]

Many industries were impacted by COVID-19 and this includes the coworking space industry. Now that the government has reopened the economy in Malaysia, how are our local coworking spaces doing and how were they affected? And are coworking spaces actually good for you and your business during this pandemic? Read this article to find out. […]

COVID-19 Survival Guide For Malaysian Retail, F&B, and Service Industry: Learn How To Bring Your Business Online. Since the breakout of the Covid-19 pandemic, many businesses have suffered, especially in the Retail Sector with businesses ranging from Food and Beverage (F&B) to the Services industry. According to Retail Group Malaysia, the Malaysian retail industry is expected […]

The on-going global COVID-19 pandemic has affected businesses in all sectors. Experts have deduced that the pandemic will continue to take a toll in our daily lives and that we will need to embrace a colloquial term regarded as the ‘new normal’. Although the government has introduced a few stimulus packages to aide local and […]

COVID-19 is an infectious disease caused by the most recently discovered coronavirus. This new virus and disease were unknown before the outbreak began in Wuhan, China, in December 2019. The virus has spread rapidly outside China to over 90 countries globally. In Malaysia, the first COVID-19 case was reported in mid of January 2020, since […]

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 […]

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 […]

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 […]