SME News
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2020-04-03
Govt tweaking stimulus package to further help SMEs, says Tok Pa
PETALING JAYA: Minister in the Prime Minister’s Department (Economy) Mustapa Mohamed said Putrajaya is reviewing the aid measures announced for small and medium enterprises (SMEs). In a live interview with Astro Awani, Mustapa said the gover...
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2020-04-03
Ismail says govt aware of issues faced by business community following MCO
PUTRAJAYA: It is imperative for the government to strike a balance between safeguarding Malaysia’s economy and protecting the people from being infected by the deadly Covid-19 virus. Senior Minister (Security Cluster) Datuk Seri Ismail Sabri...
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2020-04-03
Bank Negara sees Malaysia’s GDP at between -2pc and 0.5pc in 2020
KUALA LUMPUR, April 3 — Malaysia’s economy could shrink as much as 2.0 per cent for 2020 as a result of the coronavirus disease (Covid-19) pandemic, Bank Negara Malaysia (BNM) said in its Economic Monetary Review 2019 report. The centr...
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2020-04-03
Despite SMEs’ complaints, Bank Negara says data shows three in four got the loans they sought
KUALA LUMPUR, April 3 — Eligible small- and medium-sized enterprises (SMEs) have adequate access to credit facilities, Bank Negara Malaysia (BNM) said in a report released after businesses clamoured for government aid to survive the coronavirus...
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2020-04-03
‘Consider accounting impact from Covid-19’
KUALA LUMPUR: Companies need to consider accounting or disclosure implications resulting from the Covid-19 pandemic and the current market conditions, according to EY Accounting Link report. Many travel, hospitality, retail and entertainment compa...