SME News
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2023-02-14
Malaysia crafts policy measures to bolster EV endeavour
KUALA LUMPUR: Malaysia, as one of the leading electrical and electronics (E&E) manufacturing hubs in Asean, is already taking steps to strengthen its electric vehicle (EV) position by crafting supportive policy measures. International Trade an...
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2023-02-14
Malaysia will not reintroduce goods and services tax: PM
MALAYSIA has no plans to reintroduce a goods and services tax (GST) or any other broad-based consumption tax, Prime Minister Anwar Ibrahim said on Tuesday (Feb 14). The government will instead look to reduce subsidies enjoyed by the wealthy, Anwar...
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2023-02-14
Malaysia’s economy on the rebound, driven by strong private consumption
PETALING JAYA: Malaysia is on an economic rebound, thanks to the relaxation of Covid-19 restrictions and the resumption of daily life and economic activities, said economists. They pointed to Bank Negara Malaysia’s (BNM) announcement la...
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2023-02-14
Call for a bigger 2023 Budget
KUALA LUMPUR: The current unity government should increase the 2023 Budget to address high inflation as well as cut leakages and procurement irregularities to boost its finance, economists said. They also said there must be an urgency in reforming...
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2023-02-14
Govt to focus on alleviating global economic slowdown’s impact on Malaysia
KUALA LUMPUR: The government will strengthen the country’s fiscal position by increasing revenue and expenditure rationalisation, as well as introducing more targeted subsidies, identifying new sources of growth and implementing economic struct...

