SME News
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2020-03-31
SMEs disheartened over being left out of stimulus package
Business owners are calling for government support, implying that the government forgot to take them into account in the “no one left behind” stimulus package. Since Prime Minister Tan Sri Muhyiddin Yassin announced the package l...
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2020-03-31
Groups lobby for more reprieve
PETALING JAYA: The government is meeting business associations to gather feedback on immediate issues to save and prevent the businesses from folding. The meetings are with several business bodies representing large companies, small and ...
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2020-03-31
Many small retailers expected to close shop soon
PETALING JAYA: Many small scale and independent retailers are expected to close down in the next one to two months as a result of the movement control order (MCO), said Retail Group Malaysia. Its managing director Tan Hai Hsin said: “Thes...
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2020-03-31
Banks expected to be more prudent
PETALING JAYA: Businesses may find it harder to secure financing as banks are likely to turn more prudent in approving new loans, particularly for the small and medium enterprises (SMEs), warns AmBank Group chief economist Anthony Dass(pic). At a ...
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2020-03-31
Putrajaya asks landlords to discount, waive rent for businesses during MCO
KUALA LUMPUR, March 30 — The Economic Action Council urged landlords today to consider reducing or waiving rent for businesses prevented from operating by the movement control order. The Prime Minister’s Office (PMO) said the EAC was a...