SME News
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2023-10-11
Malaysia’s Anwar set to follow fiscal tightening in new budget
MALAYSIA’S Anwar Ibrahim is set to tighten the fiscal screws in his second annual budget since becoming prime minister, as he seeks to reduce public debt by weaning the economy away from decades of blanket subsidies. Anwar, who doubles as th...
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2023-10-11
KPDN endorses partnership between Lazada and association of direct sellers
KUALA LUMPUR: Domestic Trade and Cost of Living Ministry (KPDN) has endorsed the partnership between two associations of direct sellers and Lazada, to regulate and promote the marketing of direct selling products. Acting KPDN minister Datuk Armiza...
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2023-10-11
Focusing on food is the way forward, says business group
PETALING JAYA: The government has been urged to introduce initiatives to make Malaysia a food processing hub and to invest in cybersecurity to give the manufacturing sector a boost. According to the Federation of Malaysian Manufacturers (FMM), the...
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2023-10-11
SC, agencies create governance toolkit for SMEs to reduce supply chain risks
KUALA LUMPUR: The Securities Commission Malaysia (SC) is teaming up with relevant agencies to create a governance toolkit for small and medium-sized enterprises while Capital Markets Malaysia will issue a Simplified ESG Disclosure Guide for them...
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2023-10-11
SME Industry Report: 7 in 10 SMEs in SEA relied on savings to start-up
KUALA LUMPUR: About 70 per cent of the small and medium enterprises (SMEs) in Southeast Asia started their business with seed money raised from their savings and family and friends' financial support, according to a report published by Funding So...