SME News
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2023-10-10
RAM-CTOS: More than 60pct of 165 SMEs polled did not receive gov assistance
KUALA LUMPUR: More than 60 per cent of 165 small and medium businesses polled for the RAM-CTOS Business Confidence Index (BCI) said they had not benefited from government assistance. Reasons cited include ineligibility, overly stringent conditions...
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2023-10-09
NIMP 2030: Digitalisation vital for smart factory realisation
The manufacturing sector in Malaysia is currently in a transitional phase between Industry 2.0 and 3.0 of the Industrial Revolution. The country’s technology infrastructure is already advanced and mature, but digital adoption by small and mediu...
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2023-10-09
Tax Governance Framework in Malaysia: Moving Towards Sustainability and Value Creation
The Malaysian Inland Revenue Board (IRB) identified approximately 31,000 potential tax evaders and estimated tax losses of RM665 billion shouldered by the Malaysian government in June 2022. Additionally, the IRB, through Op Saji, detected tax evas...
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2023-10-09
MIDA launches new funds to drive automation, digitalisation and ESG practices
KUALA LUMPUR: The Malaysian Investment Development Authority (MIDA) has launched new funding facilitation initiatives to catalyse Malaysia's industrial growth and foster economic development. These initiatives include the Domestic Investment A...
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2023-10-09
Sarawak stands to gain more if cabotage policy abolished, says association
KUCHING, Oct 9 — Sarawak Manufacturers Association (SMA) is hoping that the cabotage policy would be abolished so that the state’s economy would improve. “If there’s no more national cabotage, manufacturing inputs would be ...

