SME News
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2022-03-01
Mixed fate for relief loans could drag on Malaysia's banking recovery, says S&P
KUALA LUMPUR (March 1): A bounce-back in 2021 profits does not tell the full story for Malaysian banks, as an uneven recovery of loans under moratorium could continue to weigh this year, said S&P Global Ratings. In a statement Tuesday (March 1...
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2022-03-01
Agong urges govt to focus on eradicating hardcore poverty
THE government needs to focus on eradicating hardcore poverty by 2025 through integrated action with various approaches, Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah said. His Majesty said therefore all partie...
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2022-03-01
Putrajaya to table landmark Bill that could make gig workers formal employees
KUALA LUMPUR, March 1 - The federal government is set to table at this Dewan Rakyat sitting a landmark amendment Bill that could permanently compel gig based tech companies to accord their workers rights and privileges enjoyed by formal employees. ...
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2022-03-01
MIDF Research foresees Malaysia's GDP to grow by 6% in 2022
KUALA LUMPUR (Feb 28): MIDF Research expects Malaysia's gross domestic product (GDP) to grow stronger at 6% in 2022, from 3.1% for 2021, mainly driven by further reopening of the economy such as lifting the ban on international travels, which wil...
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2022-03-01
Assistance by the government to SMEs in weathering the impact of Covid-19 ongoing, says MEDAC minister
KUALA LUMPUR: The government remains responsive and committed to placing special emphasis on the needs of small and medium enterprises (SMEs) in weathering the impact of Covid-19. Entrepreneur Development and Cooperatives (Medac) minister Tan Sri ...