SME News
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2022-09-28
Businesses now less optimistic about profit prospects
KUALA LUMPUR: Rising costs have made businesses less confident that they will turn in a profit, according to a RAM-CTOS Business Confidence Index (BCI) survey. The BCI, which measures business confidence, declined to 51.4 in the third quarter of 2...
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2022-09-28
Sirim seeks RM15mil federal grant to further assist SMEs
THE Standards and Industrial Research Institute of Malaysia (Sirim) wants the Federal Government to approve a RM15mil allocation to empower small and medium enterprises (SMEs) next year. Sirim president and group chief executive Datuk Dr Ahmad Sab...
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2022-09-27
M’sia’s Budget 2023 set to be expansive, people-centric: World Bank
KUALA LUMPUR: The World Bank expects Malaysia’s Budget 2023 to be expansive and people-centric with the aim to meet the 12th Malaysia Plan goals of sustainability and digitalisation. Apurva Sanghi, the bank’s lead economist for Malaysi...
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2022-09-27
Catalysing Malaysia’s digital economy
The digital economy is one of Malaysia’s key economic pillars, currently contributing 22.6% to the country’s gross domestic product (GDP). The number is set to rise to 25.5% by 2025, says Malaysia Digital Economy Corporation (MDEC) CEO Ma...
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2022-09-27
SMEs tap into global halal mart through Alibaba app
KUALA LUMPUR: Malaysian small and medium-sized enterprises (SMEs) are now able to strengthen their foothold in the international halal market following the launch of a dedicated online Halal Pavilion on the Alibaba.com business-to-business (B2B)...