SME News
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2024-10-15
Minimum wage structure must be introduced with gradual adjustments, says MCA
A NEW minimum wage structure must be implemented with gradual adjustments to minimise impacts on businesses, particularly small and medium enterprises. “Budget 2025 is expected to announce a new minimum wage, currently RM 1,500 per month. ...
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2024-10-15
ESG Disclosures Among Large Asset Owners Still Low: SC-World Bank Report
The latest Securities Commission Malaysia and the World Bank’s report on “ESG Disclosure Assessment of Malaysia’s Listed Companies and Recommendations for Policy Development” shows there is still much improvement needed for ES...
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2024-10-15
Malaysia eyes more subsidy cuts, new taxes in 2025 budget to boost finances
KUALA LUMPUR: Malaysia will likely introduce further subsidy cuts and new taxes as part of its budget for next year, analysts and economists said, as it looks to strengthen its fiscal position amid expectations of falling government revenue. Prime...
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2024-10-15
Mixed economic indicators to challenge manufacturing upside
AS MALAYSIA prepares for Budget 2025, the manufacturing sector stands at a critical juncture, anticipating both opportunities and challenges amid a stabilising ringgit. Companies are eager to see reforms that could enhance competitivene...
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2024-10-15
Business sector in favour of GST revival
PETALING JAYA: The business fraternity is in favour of the revival of the Goods and Service Tax (GST) and asking the government not to wait until the minimum wage reaches the RM3,000 to RM4,000 threshold to reintroduce it. Malay Economic Action Co...