SME News
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2020-03-30
Mustapa: At least six months needed for country’s economy to recover
KUALA LUMPUR, March 30 — The government expects the country’s economy will need at least six months to recover after the Covid-19 crisis ends, said Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed. ...
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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 ...