SME News
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2024-10-14
‘Many desperate for help’: Samenta says positive economic indicators mask severe challenges as rising costs threaten Malaysian SMEs, urges govt support
KUALA LUMPUR, Oct 14 — The Small and Medium Enterprises Association of Malaysia (Samenta) has cautioned that many SMEs are struggling with rising compliance costs despite positive economic indicators. In a statement released today, Samenta h...
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2024-10-14
China SMEs look to invest in Penang
GEORGE TOWN: Some 50 small and medium enterprises (SMEs) from China are seeking opportunities to expand their businesses in Penang following the influx of over RM400mil into the state. Malaysia Extra Low Voltage Association (Melvian) assistant sec...
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2024-10-14
Concern over revenue sets in with GST off the table
PETALING JAYA: With the Goods and Services Tax (GST) unlikely to make a comeback next year, various groups are concerned that the government will seek alternative revenue streams to manage its numerous financial commitments. Business groups have e...
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2024-10-14
Samenta: SMEs continue to experience margin compression
KUALA LUMPUR (Oct 14): Despite the strong economic headlines, most small and medium enterprises (SMEs) are still experiencing margin compression and are struggling due to a mix of digital disruption, labour shortages, and rising compliance costs. ...
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2024-10-13
2025 Budget: KLSCCCI calls for additional funding to boost SMEs
KUALA LUMPUR: The Kuala Lumpur and Selangor Chinese Chamber of Commerce and Industry (KLSCCCI) has proposed for Budget 2025 to allocate additional funding to further drive digital integration and boost efficiency among the small and medium enterprise...