SME News
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2020-04-07
MTUC: Stimulus package for SMEs fails to protect workers’ job security, those earning between RM4,000 and RM8,000
KUALA LUMPUR, April 7 — The additional RM10 billion stimulus package for small and medium enterprises (SMEs) does not adequately protect workers whose wages fall between RM4,000 and RM8,000, the Malaysian Trades Union Congress (MTUC) said. I...
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2020-04-07
RM10b for SMEs good but lasting measures still needed, analysts say
GEORGE TOWN, April 7 — The additional RM10 billion stimulus package for small and medium enterprises (SME) will help in the short term but Putrajaya must still formulate lasting solutions to reignite the economy, according to analysts. They ...
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2020-04-07
RM10bil stimulus package welcomed but details need to be reviewed, say associations
PETALING JAYA: The RM10bil stimulus package unveiled by the government will provide more relief to small and medium enterprises (SMEs), but the devil’s in the details, some associations have noted. Malaysian Association of Tour and Travel Ag...
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2020-04-07
SME cash reserves can last another two months
GEORGE TOWN: About 70% of the small and medium enterprises (SMEs) in the country have cash reserves to last for another two months. Small and Medium Association Malaysia (Samenta) national secretary Yeoh Seng Hooi said this is an alarming situatio...
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2020-04-07
HR Ministry: Wage subsidy available to all firms with workers paid below RM4,000 monthly
KUALA LUMPUR, April 7 — All companies with workers paid RM4,000 a month or less are eligible for the government’s wage subsidy scheme, according to the Human Resources Ministry. The RM5.9 billion wage subsidy was initially announced in...