SME News
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2020-06-15
Malaysia’s April unemployment spikes to 5%, the highest in 30 years
KUALA LUMPUR (June 15): Malaysia’s labour market felt the brunt of the movement control order (MCO) implementation, with unemployment in April spiking to 5%, the highest since 1990. Economists said it is likely to go higher in the comin...
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2020-05-12
Unemployment rate on the rise
THE country’s unemployment rate is expected to increase within the next couple of months as more businesses are projected to opt for staff reduction from June onwards. Putra Business School associate Prof Dr Ahmed Razman Abdul Latif said man...
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2020-05-12
Focus on assisting vulnerable people
KOTA KINABALU: Efforts should be focused on assisting the vulnerable group of Malaysians, especially those who have lost their jobs due to the Covid-19 outbreak and the Movement Control Order (MCO). Making the call, Federation of Chinese Asso...
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2020-05-12
Tough times ahead for KLCCP
KLCCP Stapled Group’s earnings are likely hampered by losses from its low occupancy rates in the hotel segment and rental assistance to its tenants and retailers, following the impact of Covid-19. RHB Research Institute Sdn Bhd&rs...
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2020-05-11
Local banks under constraints but in position of strength to recover — analysts
KUALA LUMPUR (May 11): The country’s banking sector is expected to be under constraints this year, especially in terms of income and loan growth due to effects from the Covid-19 pandemic which has adversely impacted the local as well as the glo...