SME News
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2020-10-27
MIER revises downwards Malaysia’s 2020 GDP projection to -5.5%
KUALA LUMPUR: The Malaysian Institute of Economic Research (MIER) is revising downwards its real gross domestic product (GDP) projection in 2020 for Malaysia to -5.5% amid a confluence of factors that weigh on the economy. The think tank said...
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2020-10-27
Selangor to woo 10,000 SMEs for 11.11 e-Baazar
THE Selangor government is expected to attract more than 10,000 small and medium enterprises (SMEs) for its second e-Baazar initiative this year. The one-month programme coordinated by Invest Selangor Bhd and Selangor Information Technology and E-...
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2020-10-27
FMM proposes corporate, individual income tax waivers for 2020, 2021 to reduce Covid-19 impact
KUALA LUMPUR, Oct 26 — The Federation of Malaysian Manufacturers (FMM) has proposed for the government to consider income tax waivers due to the impact caused by the Covid-19 outbreak. In the FMM Budget 2021 wishlist today, FMM president Tan...
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2020-10-26
Help small businesses instead of AirAsia, economist urges Sabah
PETALING JAYA: A political economist has questioned the decision of the government-owned Sabah bank to lend AirAsia RM300 million, and said the money should instead be spent to help small and medium enterprises in the state. Firdausi Suffian of Sa...
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2020-10-25
Targeted assistance to sustain banking sector’s resilience, says Bank Negara
KUALA LUMPUR: Targeted assistance will enable banks to assess the unprecedented situation brought about by the Covid-19 pandemic and channel funds to much-needed sectors and aid economic recovery. Various measures including the Special Relief Faci...