SME News
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2021-03-24
Unfair to tax duty free cigarettes at airports, adds burden to retailers, says The Zon
KUALA LUMPUR: Travelers and tourists who purchase duty free cigarettes in airports will now have to declare and pay taxes on their duty free cigarettes before entering Malaysia. This new regulation is akin to adding more burden to duty free retail...
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2021-03-24
Digital commerce players join Visa to support Malaysian businesses
Visa announced that four digital commerce enablers have joined their “Where You Shop Matters” campaign in a bid to support local businesses. These companies are AVANA, Atome, hoolah and Split, who will be working together wit...
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2021-03-24
Lazada founder: The ‘Lazada effect’ continues to trailblaze future of ecommerce
KUALA LUMPUR, March 24 — Lazada’s eCommerce ecosystem, after almost a decade, has become a cultural phenomenon that has cultivated an online shopping community nationwide. It has spurred digitalisation for hundreds of thousands of l...
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2021-03-24
Masjid India retailers against Ramadan bazaar reopening, fear may trigger new Covid cluster
KUALA LUMPUR, March 24 — The Masjid India Business Association, a group representing brick and mortar retailers around the bustling shopping Masjid India Road here, is opposed to the government’s plan to allow the Ramadan bazaar to open f...
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2021-03-24
RM1.36b approved under Penjana SME Financing Scheme as of March 12
KUALA LUMPUR: A total of 7,205 applications for the Penjana Small and Medium Enterprise (SME) Financing programme, involving a total loan value of RM1.36 billion, have been approved as of March 12. Finance Minister Tengku Datuk Seri Zafrul Abdul A...