SME News
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2020-05-04
SMEs in Labuan to get 30% discount on land lease
KUALA LUMPUR: Labuan Corporation is giving a 30% discount on the lease of 108 lots of land that are leased to 85 companies engaged in oil and gas, logistics, commercial, civil engineering and tourism activities in Labuan. Federal Territories Minis...
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2020-05-04
Businesses do not need to rush to reopen, says Saifuddin
KUALA LUMPUR: The government’s decision to allow almost all economic sectors and business activities to resume today does not mean that all need to reopen immediately, says Communications and Multimedia Minister Datuk Saifuddin Abdullah (pic). ...
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2020-05-04
Latest procedures for PCO endorsement
KUALA LUMPUR: Companies seeking Preferential Certificate of Origin (PCO) endorsement services from the International Trade and Industry Ministry (Miti) must comply with the latest procedures that will take effect during the Conditional Movement Contr...
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2020-05-04
Bank Negara expected to slash borrowings
HIGH Malaysia’s event calendar this week is the announcement of Bank Negara’s overnight policy rate (OPR). After making two 25bps cuts to the interest rate this year, the central bank is poised to further reduce the cost of borrowings ...
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2020-05-04
Market analysts observe sharp decline in local manufacturing sector due to Covid-19 restrictions
KUALA LUMPUR, May 4 — The local manufacturing sector was an unsurprising victim following measures taken to contain the Covid-19 outbreak, as market analysts IHS Markit released a report today indicating sharp a decline in revenue and productio...