SME News
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2024-08-29
FMM says Malaysian economy shows surprising resilience, lifts 2024 growth forecast to 5.1%
PETALING JAYA: The Malaysian economy has shown surprising resilience, with growth in the first half of 2024 exceeding expectations, according to Federation of Malaysian Manufacturers (FMM) president Tan Sri Soh Thian Lai. He noted that the ec...
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2024-08-29
UOB Secures MOUs to Boost Johor-Singapore SEZ and Expand Chinese Enterprises in Southeast Asia
UOB has signed a Memorandum of Understanding (MOU) with Invest Johor, the state’s investment agency, to drive investment opportunities into the upcoming Johor-Singapore Special Economic Zone (SEZ). UOB also signed a second MOU today with Chi...
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2024-08-29
AmBank's SME Amplify continues to give local businesses a boost
Nearly RM5bil in total financing has been allocated to benefit Malaysian SMEs IN Malaysia, small and medium enterprises (SMEs) are the lifeblood of the economy, making up a staggering 97.2% of all businesses. However, many SME owners face a com...
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2024-08-28
Government needs more data before setting subsidised diesel quotas - KPDN officer
KUALA LUMPUR: The government needs more consumption data before it can decide on quotas for subsidised diesel, according to a Domestic Trade and Cost of Living Ministry (KPDN) officer. Ahmad Syaziat Azizan, an accountant at the Petroleum Regulator...
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2024-08-28
Malaysia weighs bringing back GST to boost finances
MALAYSIA is weighing the return of a broad-based consumption tax instead of implementing subsidy cuts for a commonly used petrol as the government seeks to bolster its finances, according to people familiar with the matter. Prime Minister Anwar Ib...