SME News
-
2021-03-31
Insight - Shifting the balance from direct to indirect taxes
The current worldwide trend is shifting from direct tax to indirect tax by decreasing direct tax rates and increasing value-added tax (VAT) as well as goods and services tax (GST) rates. According to the International Monetary Fund, more than 160 ...
-
2021-03-30
An exceptional year for retail investors
The domestic equity market witnessed an “exceptional level” of trading by retail investors last year as retailers sought short-term gains in assets offering higher returns — specifically glove and technology-related counters, which ...
-
2021-03-30
Compound exemption initiative for business owners extended until Dec 31, says minister
PUTRAJAYA (March 30): The compound exemption for delay in registering new businesses, as well as for renewal of business registrations under the Business Registration Act 1956 has been extended until Dec 31. This was announced by Domestic Trade an...
-
2021-03-30
Services sector reform crucial to Malaysia, says World Bank
KUALA LUMPUR (March 30): It is crucial for Malaysia to reform its services sector in order to achieve advanced services and innovations for its future economic growth post Covid-19, said Dr Aaditya Mattoo, the chief economist of t...
-
2021-03-30
Majority of SMEs expect recovery in 2021, Mastercard Report
KUALA LUMPUR: More than two thirds of small and medium enterprises (SME) in Malaysia expect their businesses to recover from the effects of the pandemic by April, while 80 percent indicated they have sufficient resources to see out the rest of the ye...