SME News
-
2020-04-23
SMEs: Efforts to revive economy must start now
PETALING JAYA: Although they agree that another extension of the movement control order (MCO) is necessary to keep everyone safe, small and medium enterprises (SMEs) caution that efforts to revive the economy should start now. With the third phase...
-
2020-04-23
Manufacturers likely to lay off 30% of workers
PETALING JAYA: The concern of manufacturers that they may be forced to lay off up to 30% of their employees is valid, economists said yesterday. They expressed hope that a shorter movement control order (MCO) period could ease the financial stress...
-
2020-04-23
Retail boss says time for civil service to share the burden as Covid-19 kills revenues
PETALING JAYA: A prominent retail tycoon has asked how a dip in taxes as well as the plunge in the prices of key commodity exports would allow Putrajaya to maintain the salaries of civil servants, unlike the private sector which has announced salary ...
-
2020-04-23
Bus companies cry for help from Putrajaya
PETALING JAYA: The country’s largest bus operators association has appealed to Putrajaya for help, saying the movement control order (MCO) has badly affected its members. “Under the Covid-19 MCO, the bus industry is categorised as an e...
-
2020-04-23
Current economic crash may be worst in Malaysian history: Experts
PETALING JAYA: Malaysians need to brace for tough times as the country is falling into a prolonged economic downturn that could be graver than previous recessions that it has suffered. Although the impact of the current economy crisis would be mor...