SME News
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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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2024-10-22
Budget 2025 To Attract More Quality Investments, Making Malaysia Preferred Investment Destination - MIDA
KUALA LUMPUR, Oct 22 (Bernama) -- The initiatives tabled in Budget 2025 enable Malaysia to attract more high-quality, innovative and sustainable investments, making Malaysia a preferred investment destination in the Southeast Asian region, said the M...
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2024-10-22
Guan Eng: Raise tax threshold to help ease SMEs' minimum wage burden
KUALA LUMPUR, Oct 22 (Bernama) -- The government is urged to assist small and medium enterprises (SMEs) by raising the taxable income threshold for the 15 per cent tax rate from RM150,000 to RM300,000, following the introduction of the new RM1,700 mi...
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2024-10-22
Bank merger won't neglect micro-enterprises, says PM
KUALA LUMPUR: The proposed merger of Bank Pembangunan Malaysia Berhad (BPMB), Exim Bank and SME Bank will not overlook the needs of micro, small and medium enterprises (MSMEs) and Bumiputeras. Prime Minister Datuk Seri Anwar Ibrahim said this was ...
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2024-10-22
Anwar: EXIM Bank, SME Bank, BPMB Merger Still Ongoing
KUALA LUMPUR, Oct 22 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the merger of Bank Pembangunan Malaysia Bhd, Exim Bank, and SME Bank is still in progress, and the focus on small and medium enterprises (SMEs) will continue. During a ...

