SME News
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2020-05-05
State govts may be sued if they don’t comply with CMCO
KUALA LUMPUR: The reluctance of several state governments to fully comply with the Conditional Movement Control Order (CMCO) and reopen most economic sectors in their respective states could expose them to lawsuits from industry players. In issuin...
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2020-05-05
Sharp spike in job losses due to Covid-19
THE risk of more job losses and salary cuts increases with a prolonged Movement Control Order (MCO) and any recovery could take at least 12 months, warned economists. Grant Thornton Malaysia PLT country managing partner Datuk NK Jasani said the he...
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2020-05-05
Loosening MCO conditions positive move to restart economy, says analysts
KUALA LUMPUR: The reopening up of most of businesses under the conditional Movement Control Order (MCO) beginning May 4, is positive move to start the economy. Bank Islam Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said more import...
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2020-05-05
Buy local, consumers urged
PETALING JAYA: While businesses are happy over the reopening of their operations yesterday, local players fear they might lose to bigger international companies. This has led to various quarters urging Malaysians to support local businesses by pur...
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2020-05-04
Majority of SMEs hit: LDP
SANDAKAN: The over 50 days of mandatory business closure under the Movement Control Order (MCO) due to the Covid-19 pandemic thus far has caused the majority of Small Medium Enterprises (SMEs) to suffer, said LDP Supreme Council member Robert C...