SME News
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2022-04-17
Use oil price windfall to support local firms, Petronas urged
PETALING JAYA: An economist has called on Petronas to provide support to Malaysian oil and gas companies, saying global oil prices allow the company to be more liberal with its spending. Two trade groups are reported to have recently complained th...
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2022-04-15
Biz groups: Now not the right time, do it in phases
PETALING JAYA: The minimum wage should be adjusted progressively to give businesses time to adapt, says Federation of Malaysian Manufacturers (FMM) president Tan Sri Soh Thian Lai. “Based on the findings of a survey conducted from Jan 5 unti...
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2022-04-15
Mida welcomes global players to diversify into value-added agriculture activities
GLOBAL players are welcome to diversify into value-added activities in the agriculture and food processing industries in Malaysia, the Malaysian Investment Development Authority (Mida) said. In a statement yesterday, Mida CEO Datuk Arham Abdul Rah...
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2022-04-15
CapBay to provide RM1b financing for SMEs
MULTI-BANK supply chain financing platform and peer-topeer (P2P) financing platform, CapBay, aims to provide RM1 billion financing solutions to small and medium enterprises (SMEs) this year. Its co-founder and CEO Ang Xing Xian said the comp...
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2022-04-14
Utilise business tax cuts, finance minister tells MSMEs
KUALA LUMPUR, April 14 — Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz has called on entrepreneurs to utilise the business tax cuts provided for in Budget 2022. Referencing the 92nd People’s Financial Report, the minister said t...