SME News
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2023-09-27
Malaysia creates national auto champion, targeting EV pivot
SINGAPORE/BANGKOK -- Malaysia's auto industry is undergoing a government-led mega-merger, bringing together two conglomerates controlling more than half of the market to catch up with the rest of the world's shift to electric vehicles. Und...
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2023-09-27
SMEs urged to quickly adopt ESG framework
THE SME Association Malaysia has warned small businesses that they may lose out in the international markets soon if they refuse to adopt the environmental, social and governance (ESG) framework, Sin Chew Daily reported. Its president Ding Hong Si...
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2023-09-27
SC, SME Corp join hands to advance smaller businesses
PETALING JAYA: The Securities Commission (SC) has entered into a three-year contract with SME Corp Malaysia to facilitate greater access to capital market financing for micro, small and medium enterprises (MSMEs). Through a memorandum of understan...
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2023-09-27
SMEs will get more attention in Budget 2024, says deputy minister
KUALA LUMPUR: The finance ministry (MoF) will focus more on micro, small, and medium-sized enterprises in Budget 2024 so that they can compete and drive the country’s economic growth, says deputy finance minister II Sim Chee Keong. Bernama r...
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2023-09-27
Malaysia relies more on individuals to fill coffers than neighbours, but taxes still a minor source of income
KUALA LUMPUR, Sept 27 — The Inland Revenue Board’s data showed that roughly a quarter of the total income tax revenue it collected in the past decade came from individuals, with open data portal data.gov.my even indicating &ldqu...