SME News
-
2020-07-30
Stricter RMCO enforcement vital
PETALING JAYA: Businesses have called for stricter enforcement of rules under the recovery movement control order (MCO) period to keep Covid-19 cases low because the country cannot withstand another round of restrictive MCO. Malaysia Retail Chain ...
-
2020-07-30
New foreign worker policy draws brickbats
PETALING JAYA: An employers group and an SME association have hit out at Putrajaya’s decision to allow foreign workers in only three sectors, saying the operation of many excluded firms would be badly affected. The Malaysian Employers Federa...
-
2020-07-30
Moratorium extension and targeted bank assistance a timely move
PETALING JAYA: Lauding the moratorium extension and targeted bank assistance as timely, businesses say more measures should be introduced to help businesses to stimulate the economy. Federation of Malaysian Manufacturers (FMM) president Tan Sri So...
-
2020-07-29
SMEs' contribution to GDP rose to 38.9%
KUALA LUMPUR: Malaysia’s Small and Medium Enterprises’ (SMEs) contribution to the gross domestic product (GDP) increased to 38.9 per cent in 2019 from 38.3 per cent in 2018, according to the Department of Statistics Malaysia (DOSM). It...
-
2020-07-29
Tengku Zafrul: Over 600,000 individual borrowers, 13,000 SMEs opted against deferring loan repayment
KUALA LUMPUR, July 29 - The number of individual borrowers who continue to repay loan installments and opt out of the moratorium facility increased to 601,000 in July 2020 from 331,000 in April, Finance Minister Tengku Datuk Seri Zafrul Ten...