SME News
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2021-07-22
New Covid waves to have impact on Malaysian banks
PETALING JAYA: The asset quality trend of Malaysian banks will stay weak for longer over the next two years, according to S&P Global Ratings, as new Covid waves and lockdowns dampen economic recovery and weigh further on borrowers. In a r...
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2021-07-22
Malaysia’s consumer spending recovery faces headwinds, to stretch into 2022: Fitch Solutions
PETALING JAYA: Fitch Solutions has revised down its forecast for real household spending in Malaysia to post growth of 3% year-on-year (y-o-y) in 2021, from 11% previously, a recovery from the 3.7% y-o-y contraction estimated over 2020, as a res...
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2021-07-21
‘Allow small businesses to reopen under Phase One’
Micro-enterprises are appealing to the Federal and Johor governments to be allowed to resume operations during Phase One of the National Recovery Plan (NRP). Johor Indian Chamber of Commerce and Industry (JICCI) Women Entrepreneurs head N. Saraswa...
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2021-07-21
Business sector hopes for positive news in Sarawak's post-Covid-19 pandemic strategy
KUCHING, July 21 — Business associations and operators are hopeful of positive news to be announced for the business community in the coming special address by Chief Minister Datuk Patinggi Abang Johari Tun Openg on the state’s post-Covid...
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2021-07-21
Allow non-essential industries to open at 50% capacity, pleads FMM
PETALING JAYA: Non-essential manufacturing industries are at risk of shutting down permanently unless the government allows them to reopen at 50% capacity, the Federation of Malaysian Manufacturers (FMM) said. In an appeal to the prime minister, F...