SME News
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2022-05-19
RM10bil revenue pool awaits digital banks
PETALING JAYA: The five new digital banks in Malaysia could aim to take a share amounting to a value pool of around RM10bil out of the banking sector’s RM91bil total revenue, according to CGS-CIMB Research. It would also take these banks thr...
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2022-05-19
Local farmers will suffer most from doing away with APs
PETALING JAYA: The government’s decision to do away with approved permits (AP) to import food could potentially force local farmers out of business, says a food security group. Forum Kedaulatan Makanan Malaysia chief coordinator Nurfitri Ami...
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2022-05-19
Stats Dept: Malaysia’s labour productivity up by 2.7pc in Q1 2022
PUTRAJAYA, May 19 — Malaysia’s labour productivity as measured by value-added per employment picked up in the first quarter of 2022 (Q1 2022) by 2.7 per cent to record RM23,129 per person compared to RM22,500 per person in the same quarte...
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2022-05-18
Renovate business premises this year to get tax deduction
KUALA LUMPUR: The government extending tax deduction of up to RM300,000 for business renovation and refurbishment until Dec 31, 2022 is something businesses can look forward to for the remainder of this year, said education platform director Genesis ...
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2022-05-18
Special Report: ‘Banks risk losing SMEs to alternative lenders’
BANKS need to step up their digital game or risk losing small and medium enterprises (SMEs) to alternative lenders, according to US-based data analytics firm FICO. Its recent survey of SMEs in Asia-Pacific found that 44% of respondents in Malaysia...

