SME News
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2023-08-07
Stats Dept: Border reopening, transition to endemic phase helped Malaysia’s economy turn the corner in 2022
PUTRAJAYA, Aug 7 — The key socioeconomic indicators for some states improved in 2022, buoyed by a 248.1 per cent rise in domestic tourism expenditure reaching RM64.1 billion versus RM18.4 billion in 2021, according to the State Socioeconomic Re...
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2023-08-07
"About 436 of e-shopaholics contribute to 50 pct of the country's total e-commerce volume"
KUALA LUMPUR: An e-commerce white paper which surveyed 1,504 e-shoppers Malaysia, has found that 29 per cent or 436 of avid e-shoppers, or e-shopaholics, contribute about 50 per cent to the total e-commerce volume in the country. Ninja Van Malaysi...
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2023-08-07
Lower taxes, more facilities and loans for small businesses
THE number of loans to small and medium-sized enterprises has grown significantly and now makes up almost half of banks' outstanding borrowings. The first quarter of this year witnessed sustained high levels of SME financing disbursements by b...
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2023-08-06
Grab, other p-hailing firms impose "extortionist charges" on Malaysian SMEs?
KUALA LUMPUR: Delivery service providers using motorcycles in Malaysia such as Grab have been taken to task for their exorbitant charges imposed on small and medium enterprises (SMEs). The Small and Medium Enterprises Association of Malaysia (Same...
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2023-08-04
Reconsider taxing businesses hiring foreign labour, govt told
PETALING JAYA: A group representing small and medium enterprises has urged the government to reconsider a plan to impose tiered levies on businesses hiring foreign workers. SME Association of Malaysia president Ding Hong Sing said the tiered levie...

