SME News
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2022-06-04
MAFI to continue balancing imported food with local production
The Ministry of Agriculture and Food Industries (MAFI) will continue to balance between imported food supply and national production, to ensure that all major commodities are sufficient to meet the needs of the people in the country. MAFI dep...
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2022-06-04
Some employers cut workers’ benefits after wage floor raised to RM1,500: Report
KUALA LUMPUR: Some workers in Malaysia have complained that their benefits have been or would be reduced by employers in response to the new RM1,500 minimum wage implemented since May 1. Singaporean newspaper The Straits Times (ST) spoke to o...
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2022-06-02
Manufacturing growth slowed last month in economies as diverse as France, Japan to Malaysia
LONDON/TOKYO: Global growth in factory activity slowed in May as China's strict coronavirus curbs and Russia's invasion of Ukraine disrupted supply chains and dampened demand, adding to woes for businesses already struggling with surging...
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2022-06-02
GST fairer, more transparent than SST, says FMM
KUALA LUMPUR: The reintroduction of the goods and services tax (GST) at a rate that would not burden the people but still help lower the government debt ratio is welcomed, says the Federation of Malaysian Manufacturers (FMM). President Tan Sri Soh...
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2022-06-02
Malaysian startup Kaodim to shut down on July 1, cites rising costs among challenges
Kaodim has announced that its company and all affiliate platforms will no longer be operational from July 1, 2022. Co-founder and CEO Choong Fui-Yu cited the effects of the prolonged Covid-19 lockdown, which led to issues such as operati...