SME News
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2022-04-17
Use oil price windfall to support local firms, Petronas urged
PETALING JAYA: An economist has called on Petronas to provide support to Malaysian oil and gas companies, saying global oil prices allow the company to be more liberal with its spending. Two trade groups are reported to have recently complained th...
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2022-04-15
Mida welcomes global players to diversify into value-added agriculture activities
GLOBAL players are welcome to diversify into value-added activities in the agriculture and food processing industries in Malaysia, the Malaysian Investment Development Authority (Mida) said. In a statement yesterday, Mida CEO Datuk Arham Abdul Rah...
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2022-04-15
Biz groups: Now not the right time, do it in phases
PETALING JAYA: The minimum wage should be adjusted progressively to give businesses time to adapt, says Federation of Malaysian Manufacturers (FMM) president Tan Sri Soh Thian Lai. “Based on the findings of a survey conducted from Jan 5 unti...
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2022-04-15
CapBay to provide RM1b financing for SMEs
MULTI-BANK supply chain financing platform and peer-topeer (P2P) financing platform, CapBay, aims to provide RM1 billion financing solutions to small and medium enterprises (SMEs) this year. Its co-founder and CEO Ang Xing Xian said the comp...
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2022-04-14
Delay imposing minimum wage: Nurul
PETALING JAYA: Imposing a higher minimum wage is long overdue as it has been stagnant for too long. However, businesses must be allowed to recover from the pandemic first, otherwise it would be a greater burden on them, said Permatang Pauh MP Nu...

