SME News
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2022-04-20
Higher minimum wage does not mean higher unemployment
PETALING JAYA: The implementation of a RM1,500 minimum monthly wage from May 1, with exemption for some sectors, is not expected to increase Malaysia’s unemployment rate, although it could have a negative impact on small and medium enterpr...
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2022-04-20
BSN financing scheme helps restore MSMEs’ capabilities
BANK Simpanan Nasional (BSN) has launched is the BSN Micro/i SemarakNiaga Financing Scheme under the Semarak Niaga Keluarga Malaysia Programme. The financing allocated under Budget 2022 with a fund of RM800 million aims to continuously help Malays...
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2022-04-20
Retail traffic up after border reopening
THERE are already positive signs the country’s economy is starting to recover, say business associations. Malaysia Shopping Malls Association (PPK) southern region representative Farrer Tan said there was strong interest from new tenants and...
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2022-04-20
China lockdowns will have impact on Malaysia’s trade down the line
PETALING JAYA: Lockdowns in China are expected to have repercussions on Malaysia, as the world’s second largest economy struggles with port shutdowns as part of its zero Covid-19 pandemic strategy, according to Inter-Pacific Securities Sdn Bhd ...
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2022-04-20
Minimum wage subsidy for SMEs will stifle productivity, says economist
GEORGE TOWN: The government should not entertain the proposal to subsidise the RM1,500 minimum wage for small-medium enterprises (SMEs) that are unable to pay the sum, an economist said. Geoffrey Williams of the Malaysia University of Science and ...