SME News
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2021-09-23
Bumiputera equity rule highlights catastrophe in public policy
A Federation of Malaysian Freight Forwarders (FMFF) letter to the minister of international trade and industry Azmin Ali has highlighted the 51% Bumiputera equity requirement in many types of businesses. FMFF president Alvin Chua wrote to seek cla...
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2021-09-23
RM12.43 bln SME soft loans approved as of Sept 10 - Tengku Zafrul
KUALA LUMPUR: Applications for RM12.43 billion under the Small and Medium Enterprises (SMEs) Soft Loans have been approved by local banks and accepted by SMEs as of Sept 10, 2021. Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz (pix) said the...
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2021-09-23
More taxes will just scare investors, say economists
PETALING JAYA: The introduction of a capital gains tax on shares and a windfall tax for companies that have enjoyed strong profits during the pandemic will only scare investors, say two economists. Geoffrey Williams of Malaysian University of Scie...
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2021-09-23
Malaysia, Singapore to discuss possibility of reopening borders soon: Malaysian Foreign Minister
KUALA LUMPUR (THE STAR/ASIA NEWS NETWORK) - Malaysia and Singapore are discussing the possibility of reopening their borders soon, said Malaysia's Foreign Minister Saifuddin Abdullah. Datuk Saifuddin was assuring lawmakers in the Dewan Ra...
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2021-09-23
Over half of pandemic aid disbursed in Malaysia
Finance minister Tengku Zafrul Aziz outlined the percentage of the disbursement against the original allocations made for each stimulus package in a written reply to Pulai MP Salahuddin Ayub. The minister said an overall RM249.98 billion (US...