SME News
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2023-09-28
Malaysia's economy to continue moderating, says chief statistician
KUALA LUMPUR: Malaysia's economy is expected to continue to moderate in the near term, based on data in July and August, according to the Department of Statistics Malaysia (DOSM). Chief statistician Datuk Seri Mohd Uzir Mahidin said the leadin...
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2023-09-28
Clarify DuitNow transaction fee issue, business group tells PayNet
PETALING JAYA: A business group has urged Payments Network Malaysia Sdn Bhd (PayNet) to clarify whether vendors will be charged a transaction fee for payments received via the DuitNow QR code platform from Nov 1. The Small and Medium Enterprises A...
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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...
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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...

