SME News
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2021-07-28
New business strategy helps food truck operator to withstand pandemic pressure
PUTRAJAYA: While many entrepreneurs have caved in to the challenges posed by the Covid-19 pandemic, a group of petty traders here have managed to keep going after tweaking their business strategies. One of them Siti Rafitah Rakhimi, 37, who operat...
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2021-07-28
Selangor Accelerator Programme to focus on new norms biz
The Selangor Information Technology and Digital Economy Corp (Sidec) announce its Fourth Cohort of the Selangor Accelerator Programme 2021 yesterday, focusing on opportunities created under the new norms such as Agrotech, Fintech, Greentech, e-Commer...
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2021-07-28
SME's contribution to GDP down 7.3% in 2020
KUALA LUMPUR: Malaysia’s small and medium enterprises’ (SMEs) contribution to the gross domestic product (GDP) contracted by 7.3 per cent in 2020, according to the Department of Statistics Malaysia (DOSM). It said the contraction was h...
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2021-07-28
Simplify tax rules for SMEs to boost growth, says think tank
PETALING JAYA: The Center for Market Education (CME) has proposed that the government impose a simpler tax system for small- and medium-sized enterprises (SMEs), a move that would boost the growth of firms. In a newly released policy brief titled ...
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2021-07-28
Calling for flexible Covid-19 SOPs, rating firm suggests arguable MCO 1.0 worked
KUALA LUMPUR, July 28 — The Malaysian Rating Corporation Berhad (MARC) called on the government to give businesses the flexibility to tailor their own Covid-19 measures, arguing that blanket lockdowns don’t work and are grossly inefficien...