SME News
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2022-02-15
IMF: Malaysia set for a gradual recovery
KUALA LUMPUR: The International Monetary Fund (IMF) says Malaysia’s economy is set for a gradual recovery from the Covid-19 downturn, with real gross domestic product (GDP) growth at 3.1% in 2021 and projected to accelerate to 5.75% in 2022. ...
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2022-02-15
RM40b Semarak Niaga initiative ensures sustainability of business sector, says finance minister
KUALA LUMPUR, Feb 15 — The Semarak Niaga programme with a value of RM40 billion is provided to restore the capability and ensure the viability of the business sector, particularly during the post-pandemic period, said Finance Minister Datuk Ser...
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2022-02-15
Additional RM200 mil allocation for MSMEs impacted by Covid-19, floods, says Noh
JOHOR BAHRU (Feb 15): The government has approved an additional allocation of RM200 million to help micro, small and medium enterprises (MSME), as well as the informal sectors that have been affected by the Covid-19 pandemic and floods. Entreprene...
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2022-02-14
Malaysia’s SME body calls for labour law reform and productivity
The Small and Medium Enterprises Association of Malaysia (Samenta) said this in response to HR minister M Saravanan’s announcement that the minimum wage would be raised to around RM1,500 (US$358) by the end of this year. Samenta Central chai...
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2022-02-14
‘Find ways to mitigate inflation’
PETALING JAYA: The business fraternity wants the government to have long- and short-term plans to mitigate higher prices due to inflation fuelled by the Covid-19 pandemic. Among them is to defer the increase in electricity tariff surcharge for com...