Lee Hsien Yang, the youngest child of founding prime minister Lee Kuan Yew, said he will be applying to demolish the house at 38 Oxley Road to build a small private dwelling.
KUALA LUMPUR: With Budget 2025 set to be announced this Friday, SME Bank Bhd is calling for strategic measures to support the growth of small and medium enterprises , focusing on sustainability, financial resilience, and digital transformation.
SME Bank is also proactively involved in engagements with the Ministry of Finance , Bank Negara Malaysia and Ministry of Entrepreneur and Cooperatives Development regarding the annual budget announcement, including the upcoming Budget 2025.For 2025, SME Bank aims to extend financial assistance to the affirmative segments, including tourism, transportation, education, construction, healthcare and manufacturing sectors, as they require additional support to navigate the current climate.
He noted that with deeper integration of artificial intelligence , entrepreneurs could nurture an environment that facilitates faster financing approval processes with lesser human intervention. Additionally, the bank also developed its own Sustainability Sukuk Framework , adhering to international standards set by the International Capital Market Association , the ASEAN Capital Markets Forum , and the Sustainable and Responsible Investment Framework put forth by the Securities Commission.
He said that by implementing these measures, banks could leverage the tax exemptions on the income derived from Green Bonds and Sukuk, which in turn would encourage greater issuance of green financial instruments. Mohammad Hardee emphasised that SMEs are the backbone of Malaysia’s economy, serving as key drivers to the country’s economic growth and contributing significantly to its gross domestic product .
SME Bank Mohammad Hardee Ibrahim Wishlist Banking SME
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