SME News
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2022-06-04
Some employers cut workers’ benefits after wage floor raised to RM1,500: Report
KUALA LUMPUR: Some workers in Malaysia have complained that their benefits have been or would be reduced by employers in response to the new RM1,500 minimum wage implemented since May 1. Singaporean newspaper The Straits Times (ST) spoke to o...
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2022-06-02
Manufacturing growth slowed last month in economies as diverse as France, Japan to Malaysia
LONDON/TOKYO: Global growth in factory activity slowed in May as China's strict coronavirus curbs and Russia's invasion of Ukraine disrupted supply chains and dampened demand, adding to woes for businesses already struggling with surging...
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2022-06-02
GST fairer, more transparent than SST, says FMM
KUALA LUMPUR: The reintroduction of the goods and services tax (GST) at a rate that would not burden the people but still help lower the government debt ratio is welcomed, says the Federation of Malaysian Manufacturers (FMM). President Tan Sri Soh...
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2022-06-02
Malaysian startup Kaodim to shut down on July 1, cites rising costs among challenges
Kaodim has announced that its company and all affiliate platforms will no longer be operational from July 1, 2022. Co-founder and CEO Choong Fui-Yu cited the effects of the prolonged Covid-19 lockdown, which led to issues such as operati...
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2022-06-02
Stop haggling, meet June 30 deadline, minister told MNOs
KUALA LUMPUR: Mobile network operators (MNOs) are told to stop haggling over Malaysia's single wholesale network deployment for 5G and work on meeting the June deadline to accept owning a stake in Digital Nasional Bhd (DNB). In making this cal...