SME News
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2022-06-13
Worker shortage is the biggest challenge
MALAYSIA is trying to reduce its dependency on low-skilled foreign workers as it moves up the economic value chain. To reduce the number of foreign low-skilled workers, both the businesses and industries across all the economic sectors are asked t...
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2022-06-13
Imported goods below RM500 bought online to be taxed starting 2023
Currently, goods imported using air courier services through selected airports such as KLIA, Subang, Penang, Senai, Kuching, and Kota Kinabalu where the total value of such goods does not exceed RM500 per consignment are exempted from sales tax and c...
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2022-06-13
Penang guarantees 'only high-tech sector' to populate new technology park
GEORGETOWN: The Penang government has given its assurance that only high-tech industries will be sited at the proposed 339-hectare new industrial area, known as the Penang Technology Park, at Jalan Tun Hamdan Sheikh Tahir in Kepala Batas. Chief Mi...
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2022-06-13
Malaysia can defy World Bank's growth pessimism: Economists
KUALA LUMPUR: The World Bank has warned that the hope of averting a recession is fading for large and small nations but economists believe Malaysia will still grow faster this year. They said the country would still be able to attain its targeted ...
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2022-06-13
Pernas targets financing of RM7.1 mln for entrepreneurs in northern region
GEORGE TOWN: Perbadanan Nasional Bhd (Pernas), an agency under the Ministry of Entrepreneur & Cooperative Development (Kuskop), has intensified efforts to empower entrepreneurs in the peninsula’s northern region by organising the BizFrancai...