SME News
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2021-07-29
Malaysia’s economic fundamentals still strong
KUALA LUMPUR: Malaysia’s economic fundamentals are still strong and its growth prospect for the medium term is bright, supported by a stable capital market, while the financial sector has ample liquidity and capital buffer, says Finance Ministe...
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2021-07-29
Labuan businessmen wary of reopening too quickly
KOTA KINABALU: Labuan’s business community is hoping that more economic activities will be allowed now that the island has become the first among states and federal territories to achieve herd immunity. At the same time, they are cautious ab...
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2021-07-29
MRCA launches F&B division to represent voice, plight of retailers
The Malaysian Retail Chain Association’s (MRCA) newly launched food and beverage (F&B) division will lobby for the extension and improvement of the Covid-19 Act to protect and preserve retail businesses. MRCA said it will also push ...
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2021-07-29
For the first time in years, Malaysia saw a decline in SME employment in 2020
Employment in SMEs accounted for 7.25mn people in the year, which is 65,000 less than in 2019. This, DOSM noted, indicates a significant impact of the COVID-19 crisis on SMEs. Malaysia saw a drop in the share of small and medium enterprise (SME) e...
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2021-07-29
Lim Guan Eng: False to classify sectors as 'essential' or 'non-essential'
PETALING JAYA: It is a false distinction to classify sectors as essential or non-essential as everyone needs to earn a living, said DAP secretary-general Lim Guan Eng (PH-Bagan). The former finance minister also said the letters of approval issued...