SME News
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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...
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2021-04-06
All aboard the construction sector
PETALING JAYA: Two mega rail projects laid the tracks of positive momentum for the construction sector as more clarity began to emerge on Malaysia’s mega infrastructure projects. Following the confirmation that the once-shelved third MRT lin...
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2021-04-06
Malaysia confident of attracting more foreign investment this year
KUALA LUMPUR: Malaysia is confident of attracting more foreign investment this year after a big decline in 2020, and is looking at incentives to help support that goal, its finance minister said on Monday. Tengku Zafrul Abdul Aziz said in an inter...
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2021-04-06
Malaysia relaxes certain conditions for manufacturing, services firms
KUALA LUMPUR: The government has agreed to provide certain relaxation of conditions to manufacturing and services companies that have been approved with incentives under the purview of the Malaysian Investment Development Authority (Mida). In a st...