SME News
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2020-04-14
Third-phase MCO contraction seen
PETALING JAYA: Brace for deeper economic contraction as the country heads into the third phase of the movement control order (MCO). Experts have once again revised their growth forecast for 2020 downwards, following the government’s decision...
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2020-04-14
SMEs laud move to allow some sectors to resume ops
PETALING JAYA: Small and medium enterprises (SMEs) are positive about the move by the government to allow selected sectors to resume operations in stages during the movement control order (MCO) period, which has been extended until April 28. This ...
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2020-04-14
For first time in 22 years, negative growth rate projected for Malaysia retail industry
KUALA LUMPUR, April 14 — Estimates calculated by Retail Group Malaysia (RGM) have projected the country’s retail industry could suffer a negative growth rate for the first time in 22 years following the restrictive measures taken to conta...
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2020-04-14
MTUC disagrees with nod for non-essential businesses without Health Ministry’s endorsement
KUALA LUMPUR, April 14 — The Malaysian Trades Union Congress (MTUC) today said that it was against any move to open up non-essential businesses without the full endorsement of the Health Ministry, amid a new list of industries allowed to operat...
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2020-04-14
Self-employed see silver lining in Plan B as MCO stretches on
PETALING JAYA: The Covid-19 pandemic and resultant movement control order (MCO) has seen many in danger of losing their jobs as the country hunkers down under stay-home restrictions, but Azizul Rahimee believes that something good can emerge for him ...