SME News
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2023-02-21
MEF refutes claims Malaysian workers not treated fairly
KUALA LUMPUR: The Malaysian Employers Federation (MEF) has shot down claims that social discrimination by employers is pushing Malaysians to migrate and work abroad. MEF president Datuk Dr Syed Hussain Syed Husman said the majority of employers in...
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2023-02-21
Supply chain woes are costing Malaysia's economy RM8.7bil a year
KUALA LUMPUR: Supply chain disruptions caused by China's border reopening, acute labour shortage, climate change, and global geopolitical tensions cost the Malaysian economy RM8.7 billion annually, according to a new analysis by business transfor...
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2023-02-21
Insurance industry to see steady growth despite a challenging environment
THE Malaysian insurance market, including the life and family takaful sectors, is expected to see stable growth in the second half of 2023 (2H23) despite a challenging market environment. An industry observer said the medium-term growth...
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2023-02-21
Digital Banks Could Be the Key to Promoting Financial Inclusion for Malaysia’s B40
Financial inclusion is a vital aspect of economic growth, and it is critical to ensure that all individuals have access to financial services. Unfortunately, in Malaysia, many people from the B40 group (the bottom 40 percent of income earners) still ...
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2023-02-20
Challenges await SMEs in shifting focus to IR 4.0
PETALING JAYA: While small and medium enterprises (SMEs) will play a key role in transitioning corporate Malaysia’s adoption to the Fourth Industrial Revolution (IR 4.0), there are hurdles which need to be ironed out to achieve this goal. RS...