Editor’s Picks: 6 July 2017

SME Bank On Track To Approve RM2.5 Billion Loans This Year

SME Development Bank Malaysia Bhd. (SME Bank) is on track to achieve its target of approving loans worth over RM2.5 billion this year, driven by a series of programmes to encourage people to become entrepreneurs. Chief Operating Officer, Datuk Razman Mohd Nor, said as of June this year, the bank had approved loans worth RM1.2 billion, mainly for the construction, manufacturing and services industries. “We have various markets…small and medium, and we are implementing several programmes for specific industries in our efforts to produce more entrepreneurs, especially the Bumiputera community.”

 

Council Urges Businessmen To Apply For APEC Business Travel Cards

The APEC Business Advisory Council (ABAC) has urged Malaysian corporates to apply and reap the benefits of the APEC Business Travel Card (ABTC) for their convenience of doing business abroad. ABAC Malaysia Lead Member, Tan Sri Azman Hashim, said the ABTC offered tremendous advantages to businessmen, including hassle-free queuing at airports, as there would be a special lane for ABTC cardholders. He said there would also be no hassle in applying for visas in 19 APEC member countries, except the US and Canada, as the ABTC cardholders required no visas to enter those countries.

 

Worldwide Shipments Of PCs, Tablets, Smartphones To Fall By 0.3 Pct

Worldwide shipments of personal computers (PCs), tablets and smartphones are expected to exceed 2.3 billion units this year, a decline by 0.3 per cent from 2016, said Gartner Inc. The information technology research and advisory company said, the market was forecast to return to growth in 2018 with a 1.6 per cent increase in shipments.

 

SIDC Unveils New Competency Framework To Enhance Industry Competitiveness

The Securities Industry Development Corporation (SIDC) has introduced a new Industry Competency Framework (ICF) to further enhance the competitiveness of industries in view of the changing global landscape. In a statement today, SIDC, the learning and development arm of the Securities Commission Malaysia, said the new framework was a universal guide for competency capabilities for capital market professionals. Comprising 58 competency titles and covering 105 job roles, the ICF is the first comprehensive competency framework for the Malaysian capital market.

 

Mercedes Upbeat On 2H, On Track For Another Record Year

Mercedes-Benz Malaysia expects the second half of 2017 to remain positive and is optimistic of being on track for yet another record year. Its President and Chief Executive Officer, Dr Claus Weidner, said the company rounded up the first half of 2017 with a solid performance across-the-board, with sales of 5,913 units, driven by strong demand for the locally-produced Mercedes-Benz E-Class.

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