SME News
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2020-03-26
Giving small businesses a break
In the wake of the Covid-19 outbreak and subsequent Restricted Movement Order (RMO) many small and medium enterprises (SMEs) are expected to suffer greatly. To mitigate the impact of these hard times, three financial institutions that come under the ...
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2020-03-26
Bosses’ group seeks EPF payment cut, suspension of taxes
PETALING JAYA: Employers in the private sector are asking Putrajaya to allow a reduction of their contributions to the Employees Provident Fund (EPF) to 5% of their workers’ monthly salaries and to temporarily exempt them from several taxes. ...
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2020-03-26
HSBC offers automatic moratorium for individual and SMEs
KUALA LUMPUR: HSBC Bank Malaysia Bhd and HSBC Amanah Malaysia Bhd is offering automatic moratorium for individual and small and medium enterprise (SME) customers, whereas corporate customers can choose to opt in. The move is in line with Bank Nega...