TA Enterprise set to enter venture capital business

KUALA LUMPUR: TA Enterprise Bhd (TAE) is set to enter the venture capital (VC) business, focusing on the financial sector while beefing up its corporate finance, its chief executive officer, Datin Alicia Tiah said on Monday. However, Tiah, who is also the managing director, was unable to provide further details as the VC plan is still at an early stage. She was speaking to reporters after the company's extraordinary general meeting (EGM) here, with regards to among others, the listing of its subsidiary, TA Global Bhd. TAE's cash position after...

Read More

New financing facility for SMEs available

Credit Guarantee Corp (M) Bhd (CGC) and Standard Chartered Bank (M) Bhd have formed a partnership that will facilitate up to RM300mil in loan facilities for small medium enterprises (SMEs). The portfolio guarantee agreement, the first of its kind in the local industry, would enable SMEs to enjoy a new access to financing, CGC managing director Datuk Wan Azhar Wan Ahmad said. “Turnaround time (for loan approvals) would also be reduced substantially, which normally would take some two weeks. With this partnership, we expect approvals to take between...

Read More

International Branding: A Study on Branding for Small to Medium-sized Enterprises (SME)

Dear Respondent,This research is to fulfill my Bachelor of Business Administration (BBA) (HONS) majoring in INternational Business study in the Faculty of Business and Law, Multimedia University (MMU).The purpose of this research is to study on branding for Small to Medium-sized Enterprises (SME). This research will help to further our understanding on the enterprisers' opinion or views towards branding for Small to Medium-sized Enterprises.Click here to do a SurveyIf you need further clarification, please email me at jiajian_85@yahoo.comThank...

Read More

Oil falls to near US$36 in Asia Monday

SINGAPORE: Oil prices fell to near $36 a barrel Monday in Asia as investors eyed a slew of U.S. corporate earnings this week for signs of weakening consumer demand amid the worst recession in decades. Light, sweet crude for February delivery was down 44 cents at $36.07 a barrel by late afternoon in Singapore in electronic trading on the New York Mercantile Exchange. The contract, which expires on Tuesday, rose $1.11 on Friday to settle at $36.51. The March contract was trading at $42.40 a barrel. Investors expect to glean more insight into the...

Read More

Medium to large enterprises' optimism slumps

KUALA LUMPUR: Optimism among Malaysian medium to large enterprises (MLEs) has slumped drastically in the last 12 months, according to the Grant Thornton International Business Report. SJ Grant Thornton managing partner Datuk N.K. Jasani said the Malaysian businesses optimism balance fell from +38% to +2% during that period. A balance figure refers to the percentage of survey respondents who are optimistic less the percentage of those who are pessimistic. “The drop in optimism in Malaysia was due to the slump in the stock markets, poor performances...

Read More

KLCI crosses 900

KUALA LUMPUR: The benchmark KL Composite Index easily crossed the crucial 900 level in early trade on Monday on buying of selected blue chips, mirroring the gains on regional markets after the strong close on Wall Street last Friday. At 9.30am, the KLCI was up 11.63 points to 905.99. Turnover was 112.87 million shares valued at RM101mil. Singapore’s Straits Times Index rose 44 points or 2.44% to 1,874.41, the Nikkei 225 added 2.34% to 9,067.11 while the Shanghai A Share Index gained 1.8% to 1,946.16. Crude oil rose US$1.36 to US$47.71 while the...

Read More