SME News
-
2023-12-26
Maintaining ICPT rate will see customers bear brunt, say SMEs
PETALING JAYA: Customers will bear the brunt of the government’s decision to maintain the electricity surcharge rate for non-domestic users under the imbalance cost pass-through (ICPT) mechanism, coupled with the rising cost of manufacturing, s...
-
2023-12-22
Malaysia’s economic fortunes hinge on China’s success … or failure
PETALING JAYA: China will figure strongly in Malaysia’s economic fortunes going into 2024 and experts agree that the impact, one way or the other, will be significant. However, views differ on whether China will see economic growth and there...
-
2023-12-22
Transboundary haze law still an option, says Nik Nazmi
PUTRAJAYA: Options remain open for Malaysia to have legislation to deal with transboundary haze but the law must be effective in dealing with this issue, says Nik Nazmi Nik Ahmad. The Energy and Natural Resources Minister said it is important that...
-
2023-12-21
Sales tax on low-value goods can be a boon or bane
PETALING JAYA: The upcoming 10% sales tax on imported low-value goods could pose potential challenges for ecommerce businesses and micro, small and medium enterprises (MSMEs), say SME groups. SME Association of Sabah (SME Sabah) president Datuk Fo...
-
2023-12-21
Mixed views on 10% sales tax on imported low-value goods
PETALING JAYA: The implementation of a 10% sales tax on low-value goods (LVG) costing RM500 and below sold online is expected to allow local businesses to market their products of the same quality at an even selling price, thus boosting consumer dema...

