MiBrand Business World Snippet Issue 1 Sharing weekly Malaysian business activities, Business News and Business Opinions

1. m i b r a n d . m y
To help Malaysian keeping themselves healthy
despite Restriction of Movement Order, Malaysia’s
leading sports app, JomRun, has launched a Covid-
19 virtual half marathon.
Featuring a step counter, the virtual run allows
participants to accumulate distances of 5 KM or 21
KM at home over a period of 3 months. Malaysians
can even complement their step counts with
strength and cardio routines like push-ups, sit-ups
and squats, among others.
Ultimately, JomRun aims to continue fostering
positivity and good fitness practices among
Malaysians as the country weathers Covid-19.
JomRun will be looking to use part of the proceeds from
the Covid-19 virtual run to purchase hand sanitizers and
face masks, which will be donated to primary schools,
once they reopen, and private hospitals here in
Malaysia.
To participate in JomRun’s Covid-19 virtual run,
please register on JomRun’s app.
Inspiring by Providing How to Answers
snippet
Standard Chartered Malaysia
and Standard Chartered Saadiq
Malaysia are providing relief
assistance for clients who are
feeling the impact of the Covid-19
outbreak.
The relief assistance measures
introduced by the Bank encompass
the following:
Loan / financing deferment
programme
From 1 April 2020, for a 6-month
period, all individuals and small and
medium enterprises (SMEs) with
outstanding conventional loans or
Islamic financing (except credit
cards) will be automatically eligible
for the deferment programme
subject to meeting criteria.
Credit card payment deferment
programme
From 1 April 2020, for a 6-month
period, clients have the option to
convert their outstanding credit
card balances, excluding
instalments, into a 36-month term
loan at 13% per annum.
M A R C H 2 0 2 0 | I S S U E 1

2. K e n n y R o g e r s R O A S T E R S d e l i v e r e d 9 0 0
s e t s o f w h o l e s o m e K e n n y ’ s Q u a r t e r
M e a l s w o r t h m o r e t h a n R M 1 8 , 8 0 0 . 0 0 t o
t h e b r a v e m e d i c a l f r o n t - l i n e r s a t
S u n g a i B u l o h H o s p i t a l u n d e r t h e
M i n i s t r y o f H e a l t h M a l a y s i a ( M O H ) .
T h e m o v e t o d e l i v e r t h e d e l i c i o u s
w h o l e s o m e m e a l s d u r i n g t h e o n e - m o n t h
c o r o n a v i r u s ( C o v i d - 1 9 ) M o v e m e n t
C o n t r o l O r d e r ( M C O ) p e r i o d i s p a r t o f
t h e c o m p a n y ’ s c o m m i t m e n t t o s h o w
t h e i r a p p r e c i a t i o n a n d c a r e t o w a r d s
t h e m e d i c a l p e r s o n n e l w h o h a v e b e e n
w o r k i n g r o u n d - t h e - c l o c k t o c o n f r o n t
C o v i d - 1 9 h e a d o n .
C o w a y M a l a y s i a i s g i v i n g
a w a y 1 0 , 0 0 0 s e t s o f “ S t a y
S a f e ” k i t s c o n s i s t i n g o f
h a n d s a n i t i s e r s a n d m a s k s
t o G r a b F o o d d e l i v e r y
c u s t o m e r s o f s e l e c t e d
e a t e r y o u t l e t s w i t h i n
g r e a t e r K u a l a L u m p u r
b e g i n n i n g 2 8 M a r c h 2 0 2 0 .
T h e C S R i n i t i a t i v e t o
d i s t r i b u t e c o m p l i m e n t a r y
C o w a y “ S t a y S a f e ” k i t s
d u r i n g t h e C o v i d - 1 9 .
M o v e m e n t C o n t r o l O r d e r
( M C O ) p e r i o d i s i n l i n e w i t h
i t s v i s i o n o f b e i n g T h e L i f e
C a r e C o m p a n y , w h i c h
c o n t r i b u t e s t o t h e
p r o m o t i o n o f a h e a l t h y a n d
h a p p y l i f e , w h i l e
a p p r o a c h i n g c u s t o m e r s a n d
s o c i e t y a t l a r g e w i t h w a r m -
h e a r t e d n e s s a n d k i n d n e s s .
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3. Axiata Group Berhad and its subsidiaries the launch of a RM150 million cash fund to provide
financial assistance to micro-SMEs. Axiata’s COVID-19 Assistance Program includes an initial
contribution of RM20 million from the Ministry of Finance.
The COVID-19 Assistance Program serves as a direct and urgent intervention by Axiata to give
immediate assistance to micro-SMEs facing financial difficulties arising from the unprecedented
COVID-19 pandemic and the subsequent Movement Control Order (“MCO”)issued by the
Government of Malaysia which saw the closure of all non-essential businesses.
Under the current challenging conditions, micro-SMEs, which easily make up more than 50% of
SMEs in Malaysia and fall mostly within the B40 segment of society, will face mounting difficulties
in operating their businesses. Micro-SMEs tend to have minimal savings and cash flow to buffer
against unpredictable events and will not have sufficient funds to sustain daily needs.
In continuing to play its role as partner in national development, Axiata will offer shariah compliant
micro-financing through its subsidiary Axiata Digital, riding on the latter’s Aspirasi digital platform,
in the range of RM1,000 to RM10,000 and on favourable terms targeted to benefit an estimate of
150,000 micro-SMEs.
For more information about the program, please visit www.aspirasi.co.
Micro-SMEs will only be required to undergo a quick 3-minute online process and if approved,
funding will be made available in 48 hours from their bank accounts. This allows for ease of
applications to be made during the MCO period and for funds to be quickly and efficiently
disbursed to businesses in need, with minimal or no human intervention.
Axiata Group Launch RM 150 Million Cash
Fund to Give Immediate Assistance to
Micro-SMEs Impacted by COVID-19