SME News
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2022-05-09
Moody's: Malaysian economy to expand 1.1% in Q1 2022, OPR at 1.75%
KUALA LUMPUR: Moody’s Analytics projected that Malaysia’s economy had grown 1.1 per cent quarter-on-quarter in the first quarter of 2022 (Q1 2022), following the 6.6 per cent expansion in Q4 2021. It said the gains from a robust extern...
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2022-05-09
Agrobank collaborates with IBM Malaysia to digitise operations
KUALA LUMPUR: Agrobank has collaborated with IBM Malaysia Sdn Bhd to modernise its core banking system with the IBM Power-based system in order to better serve the agriculture sector, small and medium enterprises (SMEs) and communities. Agrobank p...
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2022-05-09
Labuan business chamber calls for economic reforms ahead of Labuan’s 40th anniversary as Federal Territory
LABUAN (May 9): The Labuan Indian Chamber of Commerce and Industry has called for economic reforms to promote a more inclusive and resilient economy on this duty-free island. Its president Datuk Dahlif Singh said Labuan needs a steady economic exp...
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2022-05-09
Sabahan receives entrepreneur award
KOTA KINABALU (May 9): Small Medium Enterprise Association of Sabah (SME Sabah) president Foo Ngee Kee was bestowed The National Outstanding Entrepreneurs Lifetime Achievement Award for contributing to the society and business community. Foo was s...
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2022-05-09
Minimum wage in Malaysia does not include overtime pay and allowances
Malaysia’s minimum wage of RM1,500 (US$343) a month only applies to basic wages and does not include overtime wages and allowances, said Human Resources Minister Datuk Seri M. Saravanan in response to The Star. SME Association of Malays...

