SME News
-
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...
-
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...
-
2023-10-09
Domestic financial system remains resilient, says BNM
PETALING JAYA: Bank Negara Malaysia (BNM) has assured the country’s financial system remains resilient and that domestic financial institutions are able to continue supporting the financing needs of households and businesses. “The stro...
-
2023-10-09
SMEs have less than two months of cash reserve: Samenta study
KUALA LUMPUR: Small and medium enterprises (SMEs) have low business margin and cash flow limitations despite a general recovery in business. According to a survey by Small and Medium Enterprises Association Malaysia (Samenta), 29 per cent of...
-
2023-10-08
Groups: More FDIs mean better wages, less brain drain
JOHOR BARU: Attracting more foreign direct investments (FDIs) into Malaysia will be key in driving up wages, and that in turn would help to stop locals from seeking greener pastures abroad, say business groups. South Johor SME Association adviser ...

