SME News
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2020-04-30
Govt subsidises 30pc of salary payments for SMEs, reports Apec SME Forum rep
KUALA LUMPUR, April 29 — The government has subsidised about 30 per cent of salary payments for small and medium entrepreneurs (SMEs) during the Movement Control Order (MCO) to avoid retrenchment and reduce the number of people retrenched. N...
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2020-04-30
Simplify loan application process, urges MATTA
PETALING JAYA: The Malaysian Association of Tour and Travel Agents (MATTA) has urged banks to simplify procedures for loans so that small and medium-sized tourism players can face the current economic challenges. MATTA president Datuk Tan Kok Lian...
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2020-04-30
Small businesses happy to operate on full scale
PETALING JAYA: Small businesses that have gotten the approval to operate during the movement control order (MCO) period can breathe a sigh of relief as they are now allowed to operate at full capacity. This means that there is no restriction on th...
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2020-04-30
Construction sector’s MCO phase one shutdown dealt RM11.6b blow to Malaysian economy, says senior minister
KUALA LUMPUR, April 30 — Malaysia’s economy suffered about RM11.6 billion in losses, after the construction sector was shut down during the first phase of the movement control order (MCO), Senior Minister Datuk Seri Fadillah Yusof said. ...
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2020-04-30
Implement Covid-19 Act, business associations urge
KUALA LUMPUR: The business communities have urged the government to consider implementing a Malaysian version of Covid-19 Act temporarily until the end of the year. Malaysia Retail Chain Association (MRCA) auditor Datuk Seri Raymond Liew said the ...