SME News
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2020-11-01
E-commerce platforms hope government will continue working with them
KUALA LUMPUR: Shopee has proposed that the Finance Ministry and Malaysia Digital Economy Corporation continue with the Economic Recovery Plan (Penjana) involving e-commerce platforms by factoring it in the 2021 Budget. The government's efforts...
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2020-11-01
Budget 2021: EPF Account 1 withdrawal, targeted moratorium among Umno’s proposals
PUTRAJAYA, Nov 1 — Allowing Employees Provident Fund (EPF) contributors to withdraw savings from Account 1 and providing a targeted loan moratorium extension are among recommendations submitted by Umno to Finance Minister Datuk Seri Tengk...
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2020-11-01
Finance minister: Budget 2021 is actually Malaysia’s ‘fifth budget’ this year due to Covid-19
KUALA LUMPUR, Nov 1 — While the government budget is usually an annual affair, Budget 2021 which is due to be tabled in Parliament next Friday is actually akin to being the fifth budget for Malaysia this year, Finance Minister Datuk Seri Tengku...
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2020-10-31
FT Ministry allocates RM3.01m under Wilayah Cakna Initiative 4.0 for Labuan, says minister
LABUAN, Oct 31 — The Federal Territories Ministry has approved an allocation of RM3.01 million to help ease the financial burden of low-income groups in Labuan following the implementation of the conditional movement control order (CMCO). Fe...
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2020-10-31
Lift cap on wage subsidy to save professional jobs, says MEF
PETALING JAYA: The Malaysian Employers Federation (MEF) has urged Putrajaya to open up the wage subsidy programme (WSP) to employees earning more than RM4,000 a month in order to salvage professional jobs. This comes after the Social Security Orga...