SME News
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2022-05-11
Bank Negara increases OPR to 2pc, domestic economic growth is on firmer footing
KUALA LUMPUR: Bank Negara Malaysia's Monetary Policy Committee (MPC) has decided to increase the overnight policy rate (OPR) by 25 basis points (bps) to 2.00 per cent. The central bank said the ceiling and floor rates of the corridor of the OP...
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2022-05-10
‘No dancing’ rule expected when nightclubs reopen
PETALING JAYA: Dancing may not be allowed when nightclubs reopen on Sunday (May 15) after a two-year Covid-19 hiatus, but business leaders say that may be exactly what the ailing industry needs to get back on its feet. While regulations for the sa...
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2022-05-10
Pandemic entrepreneurs go back to day jobs as Covid-19 retreats
KUALA LUMPUR, May 10 — When Covid-19 hit the country hard, some Malaysians turned to cottage industries and home businesses to survive when repeated lockdowns prevented them from continuing with their usual work. With Malaysia transitioning ...
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2022-05-10
Full labour market recovery unlikely for now
PETALING JAYA: Uncertainty surrounding geopolitical tensions, new coronavirus variants, and intensified business costs suggests that a full labour market recovery back to pre-pandemic levels is unlikely for now, according to UOB Research, even as Mal...
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2022-05-10
The implications of food price inflation on food security in Malaysia
THE continuous rise in food price inflation not only affects the purchasing power and income of the increasingly squeezed M40 (middle 40% income group) and perennially struggling B40 (bottom 40% income group) — which materially and adverse...