SME News
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2021-03-31
Covid-19 hitting digital banks hard
Covid-19 has hit digital-only banks hard, putting them in a more vulnerable position than traditional banks that have been expanding their digital offerings during the pandemic, says S&P Global Ratings. The US-based credit rating agency notes ...
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2021-03-31
PM: Cooperative sector should embrace digitalisation
The cooperative sector should leverage the disruptions brought about by the Covid-19 pandemic by embarking on digitalisation initiatives, said Prime Minister (PM) Tan Sri Muhyiddin Yassin (picture; centre). “The cooperative movement mus...
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2021-03-31
Insight - Shifting the balance from direct to indirect taxes
The current worldwide trend is shifting from direct tax to indirect tax by decreasing direct tax rates and increasing value-added tax (VAT) as well as goods and services tax (GST) rates. According to the International Monetary Fund, more than 160 ...
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2021-03-30
An exceptional year for retail investors
The domestic equity market witnessed an “exceptional level” of trading by retail investors last year as retailers sought short-term gains in assets offering higher returns — specifically glove and technology-related counters, which ...
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2021-03-30
Compound exemption initiative for business owners extended until Dec 31, says minister
PUTRAJAYA (March 30): The compound exemption for delay in registering new businesses, as well as for renewal of business registrations under the Business Registration Act 1956 has been extended until Dec 31. This was announced by Domestic Trade an...