SME News
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2021-06-28
PM: One million SMEs to get financial aid under Prihatin Special Grant 4.0
KUALA LUMPUR: The government has agreed to provide additional payments of RM1,000 under the Prihatin Special Grant (GKP) 4.0 to eligible recipients. Prime Minister Tan Sri Muhyiddin Yassin said those eligible would receive the first payment of RM5...
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2021-06-28
Business groups not impressed by Pemulih package
PETALING JAYA: Fears of job losses and of businesses having to pay a lump sum of compounded interest on loans are among the biggest worries raised by two business groups after the government announced its Pemulih economic recovery package today. S...
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2021-06-28
SME sentiment hits all-time low amid reimposition of MCO
PETALING JAYA: Small and medium enterprises’ (SME) business sentiment has nosedived to a record low of 33.2 in Q2’21, from 38.7 in the preceding quarter, amid the reimposition of movement control order (MCO) this year, according to t...
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2021-06-28
PM announces automatic blanket loan repayment moratorium for individuals, i-Citra EPF withdrawal initiative
KUALA LUMPUR (June 28): The government has introduced the i-Citra initiative which will allow members of the Employees Provident Fund (EPF) to withdraw up to RM5,000 of their savings, as well as a blanket automatic moratorium on loan repayments for i...
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2021-06-28
Reopen more sectors under enhanced SOPs before businesses perish, former deputy minister say
KUALA LUMPUR, June 28 — Bangi MP Ong Kian Ming has recommended that more sectors of the economy be allowed to open up in a safe and responsible manner, so that the collapse of businesses in Malaysia due to the ongoing lockdown can be avoided. ...