SME News
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2020-04-27
Major companies taking austerity measures due to Covid-19 pandemic
KUALA LUMPUR, April 26 — More local corporates have started to implement austerity measures to enable them to sustain their operations during the partial lockdown imposed by the government to curb the Covid-19 pandemic. Aside from the pandem...
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2020-04-27
Impact of Covid-19 on manufacturers
MANUFACTURING is a key sector for Malaysia. It drives a lot of our trade receipts and also helps to boost GDP and employment. Every year, Malaysia is a destination for foreign direct investments in the manufacturing space. It comes in all sorts of...
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2020-04-27
Savills Malaysia: Hospitality sector to be worst hit by pandemic
KUALA LUMPUR: Malaysia’s hospitality sector is expected to be the worst hit among all property sectors, by the Covid-19 pandemic, said Savills Malaysia, in its Asia Pacific Investment Quarterly 1Q 2020 report. It noted that the Malaysian Ass...
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2020-04-27
Stimulus package post-pandemic likely
PETALING JAYA: With some of the economic indicators showing signs of distress coupled with the movement control order (MCO) extension, economists are not discounting another round of stimulus package post-coronavirus (Covid-19) pandemic. They said...
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2020-04-27
SME association says two million jobs at stake
KUALA LUMPUR: Around two million Malaysians could lose their jobs in coming months unless urgently needed assistance reaches small and medium enterprises (SME) running out of funds in the months’ long movement control order (MCO), said two indu...