SME News
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2022-07-27
Stats Dept: SME’s GDP 1.0pc up in 2021 but slower than Malaysia’s 3.1pc
KUALA LUMPUR, July 27 - Malaysia’s small and medium enterprises’ (SMEs) gross domestic product (GDP) in 2021 increased 1.0 per cent, slower than Malaysia's GDP which grew 3.1 per cent, said the Department of Statistics Malaysia (DoSM)...
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2022-07-26
Bottlenecks and labour shortage blamed for high food inflation
PETALING JAYA: The continued rise in the inflation rate in Malaysia has been attributed to bottlenecks in the supply chain and a shortage of labour. The inflation rate has risen from 2.2% in April to 2.8% in June, according to data from Trading Ec...
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2022-07-26
SME association supports early ratification of CPTPP
KUALA LUMPUR, July 26 — The Small and Medium Enterprises Association of Malaysia (Samenta) has sought the government to ratify the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) as soon as possible following the r...
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2022-07-26
Mida gives out RM138mil for domestic direct investment
KUALA LUMPUR: The Malaysian Investment Development Authority (Mida) has approved business grants amounting to RM138.5 million to 238 companies for domestic direct investments in the first six months of 2022. CEO Arham Abdul Rahman said the recipie...
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2022-07-26
Smart automation grants worth RM138.5 mil approved by MIDA as at June 30
KUALA LUMPUR (July 26): Malaysian Investment Development Authority (MIDA) has approved Smart Automation Grants (SAG) totalling RM138.5 million to 238 companies up to June 30, 2022, following the SAG’s launch in December 2020. Chief...