SME News
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2020-03-30
Let employers negotiate salary reduction – SME Sabah
KOTA KINABALU: Small and Medium Enterprises Association of Sabah (SME Sabah) founding president Foo Ngee Kee has urged the Ministry of Human Resource to allow employers to negotiate salary reduction with staff to ease the financial burden of SMEs and...
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2020-03-30
Consumption, inflation growth to see one-off rebound — IDEAS
KUALA LUMPUR: Consumption and inflation growth will see a one-off rebound due to low-base effect caused by depressed consumption during the nationwide movement control order (MCO), said the Institute for Democracy and Economic Affairs (IDEAS). Acc...
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2020-03-30
SMEs vent out on stimulus
KUALA LUMPUR: The government’s RM250bil stimulus package has not gone down well with owners of small and large businesses. They pointed out that there was no immediate relief for them except for the wage subsidy of RM600 per month for three ...
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2020-03-30
Consumer, retail stocks to benefit from RM250b stimulus package
KUALA LUMPUR: Kenanga Investment Research expects consumer and retail companies to be relative beneficiaries from the RM250bil stimulus package to offset the impact of the Covid-19 coronavirus. It said on Monday the measures were laudable as they ...
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2020-03-28
Bank Negara increases fund for SMEs to RM13.1b
KUALA LUMPUR, March 27 — Bank Negara Malaysia (BNM) has increased its allocation for BNM’s Fund for SMEs (small and medium enterprises) by an additional RM4 billion to RM13.1 billion as an enhancement measure to further support SMEs and i...