SME News
-
2020-07-09
Only 7% gig economy workers are registered with Socso
Awareness level among gig workers on the importance of having social and financial protection is still low, as only 7% or 28,425 gig economy workers are registered with the Social Security Organisation (Socso) so far. Finance Minister Tengku Datuk...
-
2020-07-09
Post-lockdown unemployment rate could hit 6.5%, says think tank
PETALING JAYA: Unemployment rate could hit 6.5% by the end of the second quarter, a think tank has warned. In its quarterly economy tracker briefing, Socio-Economic Research Centre quoted figures from the government work insurance scheme Socso, sa...
-
2020-07-09
SERC: Reintroduction of GST can enhance government’s revenue
PETALING JAYA: While a widened fiscal deficit may not matter much in an economic recession, the only way to avoid adding to the debt pile when the economy has recovered, is to consolidate and reduce budget deficits by cutting public spending or ...
-
2020-07-09
Report: Uncertain future for 200,000 Malaysian retailers nationwide, says retail group
KUALA LUMPUR, July 9 — At least 200,000 small businesses that could not operate during the movement control order (MCO) are now facing an uncertain future. About 90 per cent of these were stall-based businesses, according to a report in ...
-
2020-07-08
Bosses still cautious amid recovery from pandemic
PETALING JAYA: Employers are hoping that the worst of the Covid-19 pandemic is over but cautioned that workers may still face the prospect of being unemployed, especially if the country faces a second outbreak. SME Association of Malaysia presiden...