SME News
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2021-04-07
FMM appeals to government to lift the freeze on foreign worker recruitment to support business recovery
KUALA LUMPUR (April 7): The Federation of Malaysian Manufacturers (FMM) has called on the government to lift the freeze on foreign worker recruitment for the manufacturing sector to support the pickup in business and assist the industry in its busine...
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2021-04-07
Small-time traders in Kajang see red over abrupt demolition of shops, demand answers from Selangor
BANGI, April 7 — Already struggling to make ends meet, a group of traders in Sungai Ramal, Selangor have now lost their stalls and shops to bulldozers when the local council went ahead with a demolition order yesterday, despite their entreaties...
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2021-04-07
SME Bank launches RM300mil financing scheme to help micro, small enterprises
KUALA LUMPUR: SME Bank has allocated RM300 million through its Lestari Bumi Financing Scheme to help develop micro and small entrepreneurs to enable them to increase production capacity, expand market access, and be more competitive to ensure busines...
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2021-04-07
30% of SME Sabah members closed down business
KOTA KINABALU: Around 30 percent of the Small and Medium Enterprises Association of Sabah (SME Sabah) members have shut down their businesses due to the Covid-19 pandemic, most of whom are in the tourism industry. SME Sabah president Foo Ngee Kee ...
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2021-04-06
Negative business sentiment lingers
RAM Business Confidence Index (RAM BCI) survey for the first quarter (1Q21) showed businesses remain pessimistic through the next three months. Having polled a total of 229 firms across Malaysia — about 93% of which are small and medium...