Funding Societies and Cheng & Co have engaged in a strategic partnership to broaden and simplify access to business financing for creditworthy Malaysian small and medium-sized enterprises (SMEs).

Cheng & Co, a leading and established home-grown accounting firm, will refer promising SMEs in need of financing to Funding Societies, the first and largest peer-to-peer (P2P) financing platform in the country. In turn, Funding Societies will provide working capital to eligible SMEs through its investor base.

CIMB Foundation yesterday set the tone on Corporate Social Responsibility (CSR) leadership by announcing fresh policies to further institutionalise the spirit of corporate citizenship in CIMB Group’s staff, during the unveiling of the Foundation’s refreshed brand and tagline, in commemoration of the Foundation’s tenth anniversary. 

The new policy, called Flex4CSR, allows any of CIMB Group’s staff to take up to a whole month’s paid leave to support any of the Foundation’s projects with no impact to their existing tenure and benefits. Apart from that, employees are also entitled to a half-day leave for every 10 hours spent volunteering. 

Trend Micro welcomes the announcement of allocations and amendments to encourage the digital economy under Budget 2018. These initiatives underline how Malaysia remains on the right track, and taking another step forward towards becoming a fully-developed digital economy. 

The measures to strengthen Malaysia's commitment to the Digital Free Trade Zone (DFTZ) will further invigorate the country’s eCommerce industry and enable local businesses to capitalise on the opportunities from the internet economy and cross-border activities.  This is also in line with Trend Micro’s continuous investment of resources and efforts in supporting this digital transformation growth in Malaysia,” said Goh Chee Hoh, Managing Director, Trend Micro Malaysia.