SME News
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2025-05-08
NIMP 2030, NAP 2020 position Malaysia's automotive industry as second largest in SEA – Tengku Zafrul
SERDANG: The New Industrial Master Plan 2030 (NIMP 2030) and the National Automotive Policy (NAP) 2020 have helped develop Malaysia's automotive industry to become the second largest in Southeast Asia, and the 23rd largest globally, with a t...
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2025-05-08
Malaysian exporters brace for blow as US tariff looms
PETALING JAYA: Malaysian exporters are bracing for a 24% tariff on goods bound for the United States, set to start by July. Industry groups warned that the impact would be punishing, especially for SMEs. They are urging the government to move b...
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2025-05-07
Matrade gets RM50mil allocation to boost export market expansion
KUALA LUMPUR: The Malaysia External Trade Development Corporation (Matrade) has welcomed the government's announcement of an additional RM50 million allocation, aimed at accelerating the exploration of new markets for Malaysian businesses. Thi...
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2025-05-07
Laundry operators call for one-year moratorium on LPG subsidy removal
KUALA LUMPUR: Laundry operators have called on the government to impose a one-year moratorium on the removal of subsidised LPG under Ops Gasak, which began on May 1. They said that this delay is necessary to assess the potential consequences on bu...
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2025-05-07
Driving growth through digitalisation
SMALL and medium enterprises (SME) in Malaysia comprise approximately 97% of the economy, contributing nearly 40% to the nation’s total GDP. As such, empowering SME with digital capabilities is not just a “nice to have”; it ...