SME News
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2023-10-03
SMEs to continue enjoying transaction fee exemption for using DuitNow QR code payment
PUTRAJAYA: The transaction fee for using the DuitNow quick-response (QR) code will be waived for small and medium enterprise (SME) businesses. Following the National Action Council on Cost of Living (NACCOL) meeting today, Prime Mi...
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2023-10-03
Samenta: i-ESG framework will provide proof of compliance for SMEs
KUALA LUMPUR: The National Industry ESG framework, or i-ESG, launched yesterday, will help small and medium enterprises (SME) to provide "proof of compliance" required by many destination markets, says Small and Medium Enterprises Associati...
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2023-10-02
Business conditions for Malaysian manufacturers at its weakest since January
KUALA LUMPUR: Business conditions for Malaysian manufacturers in September were at its weakest extent since January this year, as falling demand led to stronger moderation in production, data from S&P Global Malaysia Manufacturing Purchasing Mana...
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2023-10-02
Malaysia's economy to moderate in 2023 before rebounding in 2024: World Bank
KUALA LUMPUR: Malaysia's economy is projected to moderate to 3.9 per cent this year before bouncing to 4.3 per cent in 2024 on the back of domestic private sector spending, said the World Bank. The World Bank lead economist Apurva Sanghi...
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2023-10-02
Budget 2024: Hospitality industry players call for increase in SST threshold
KUALA LUMPUR: Tourism-related associations have expressed hope that the government will increase the Sales and Services Tax (SST) annual threshold for the hospitality industry from RM500,000 to RM1.5 million through Budget 2024. Malaysian Bud...