SME News
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2022-07-13
SMEs express support for return of GST but seek lower rate
PETALING JAYA: Small and medium enterprises are in favour of the return of the goods and services tax (GST) but they want the rate to be lowered to 4% from 6% previously. Small and Medium Enterprises Association Malaysia (Samenta) chairman William...
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2022-07-13
Oversupply may dampen earnings of companies
PETALING JAYA: Plantation companies’ earnings are expected to be lower in 2024 as there are expectations of an oversupply situation which will push down crude oil prices (CPO). Hong Leong Investment Bank (HLIB) Research’s CPO assumptio...
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2022-07-13
SME Bank focuses on sustainability framework
KUALA LUMPUR: SME Bank is focusing on institutionalising the environmental, social, and governance (ESG) culture within the group as it enters into its second year of implementing its three-year sustainability roadmap. SME Bank's Group preside...
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2022-07-13
Time to reassess financing needs
KUALA LUMPUR: Businesses will have to reassess their financing needs to accommodate rising demand following the relaxation of restrictions as Malaysia shifts to endemicity. Bank Islam Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rash...
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2022-07-13
Hiring activity rises among SMEs
LOCAL small and medium-sized enterprises (SMEs) have been hiring aggressively on the back of the positive momentum of business and economic growth. A study conducted by BioHR showed that there is a 6% increase in recruitment during the second...