SME News
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2024-10-23
Wage hike, mandatory EPF contributions could create financial strain on SMEs
KUALA LUMPUR: The SME Association of Malaysia has raised significant concerns about the proposed wage increase and higher mandatory Employees Provident Fund (EPF) contributions in Budget 2025. While national president Chin Chee Seong commended the...
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2024-10-23
LLRC: Businesses that cannot even pay minimum wage should close shop
KUCHING (Oct 23): The Labour Law Reform Coalition (LLRC) Sarawak has criticised the SME Association of Malaysia for engaging in fear-mongering over the upcoming increase in minimum wage from RM1,500 to RM1,700, which is set to be fully implemented by...
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2024-10-23
Govt urged to establish central agency to align MSME development initiatives
KUALA LUMPUR (Oct 23): The government should empower SME Corp as a central agency in order to align the development objectives of micro, small, and medium enterprises (MSMEs) in the country, experts said. In a statement on Wednesday, both Lee Chea...
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2024-10-23
Fadillah Urges Multinationals To Partner With Local SMEs
KUALA LUMPUR, Oct 23 (Bernama) -- Deputy Prime Minister Datuk Seri Fadillah Yusof has encouraged multinational companies investing in Malaysia to collaborate with local small and medium enterprises (SMEs). Fadillah who is also the Energy Transitio...
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2024-10-23
MBI and BizApp Collaborate to Digitalise 50,000 Selangor MSMEs
KUALA LUMPUR: Menteri Besar Selangor Incorporated (MBI) has announced a collaboration with Bizapp Ventures Sdn Bhd (BizApp) to empower 50,000 micro, small and medium enterprises (MSMEs) in Selangor through digital entrepreneurship over the next ...