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Malaysia: Funding and incentives for SMEs in Budget 2018

Strengthening SMEs • Skim Jaminan Pembiayaan Perniagaan for working capital and services sector (RM7bil) • Government Guarantee loans under SJPP to enable SMEs to automate production (RM1bil) • Syariah-compliant SME Financing Scheme with subsidy rate of 2% (RM1bil) • Soft loans, grants and training programmes for SME under SME Corp (RM200mil) • Development of halal […]

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Philippines: Investors seen eyeing earnings, dividends

The stock market’s performance this week will likely depend on corporate earnings and dividend payouts announced by listed firms, analysts said. With October 31 and November 1 having been declared by the government as special non-working holidays, they said investors could also be looking for catalysts from aboard. “As participants heed [third quarter]numbers, the decision […]

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Indonesia: More Retail Shops to Close Down, Aprindo Says

TEMPO.CO, Jakarta – Indonesian Retailers Association (Aprindo) deputy chairman Tutum Rahanta stated that there will be more retail shops to close down. “Some of my colleagues have confirmed that they will close down or cut their growth,” Tutum said in Central Jakarta on Saturday (28/10). Tutum explained that businessmen will take efficiency measures if the trend of conventional retail begins to significantly decline. Tutum added that […]

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