SME News
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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 ...
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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...
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2020-07-08
Tengku Zafrul: Loan repayment moratorium valued at RM51.4b as of July 6
KUALA LUMPUR, July 8 — The moratorium on loan repayments by financial institutions, which took effect on April 1 as part of the Prihatin Rakyat Economic Stimulus Package (Prihatin), is estimated to be worth RM51.4 billion as at July 6. Finan...
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2020-07-08
Sabah tourism players seek bailout, not keen on workers’ retention scheme
KOTA KINABALU: Tourism operators in Sabah have called for a government bailout as opposed to the workers’ retention scheme to help them get back on track following the three-month Covid-19 lockdown. Malaysian Association of Tour and Travel A...
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2020-07-08
EAC organises over 150 engagement sessions with 23 industries
KUALA LUMPUR, July 8 — The Economic Action Council (EAC) has held more than 150 engagement sessions with 23 industries including digital economy, education, investment, small and medium enterprise, manufacturing, tourism, transportation and hea...

