SME News
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2020-07-10
Ministry, BNM to announce PTF mechanism in mid July
KUALA LUMPUR: The Ministry of Tourism, Arts and Culture (Motac) and Bank Negara Malaysia (BNM) will announce by the middle of this month the mechanism under Penjana (National Economic Recovery Plan) Tourism Financing (PTF) worth RM1 billion. Motac...
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2020-07-09
Entrepreneurs recommend content creation, Google tools for post-Covid-19 digital solutions
While many small and medium enterprises (SMEs) and start-ups have adopted digitalisation as a reaction to the coronavirus’ impact on businesses, some are still fumbling with tools and solutions. Logistics company TheLorry.com co-founder...
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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...
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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...
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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 ...

