SME News
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2020-04-15
IMF: After 2020 contraction, Malaysia GDP to soar by 9pct in 2021
KUALA LUMPUR: The International Monetary Fund (IMF) has projected that Malaysia’s real gross domestic product (GDP) will grow at a rate of nine per cent next year, the fastest among Asean-5 countries which are expected to see a combined GDP gro...
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2020-04-15
Sabah firms adapting to new normal
KOTA KINABALU: Business owners in several sectors here concede they have no choice but to tailor their trades to suit the abnormal situation brought about by the Covid-19 threat. Association of Malaysian Spas president Jeanette Tambakau told FMT h...
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2020-04-15
TH grants SMEs rental exemption for two months
KUALA LUMPUR:, Lembaga Tabung Haji (TH) has granted a two-month rental exemption to small and medium-sized enterprises (SMEs) operating on its premises. In a statement, TH said the incentive aims to relieve the burden on the SMEs who have been adv...
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2020-04-14
Third-phase MCO contraction seen
PETALING JAYA: Brace for deeper economic contraction as the country heads into the third phase of the movement control order (MCO). Experts have once again revised their growth forecast for 2020 downwards, following the government’s decision...
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2020-04-14
SMEs laud move to allow some sectors to resume ops
PETALING JAYA: Small and medium enterprises (SMEs) are positive about the move by the government to allow selected sectors to resume operations in stages during the movement control order (MCO) period, which has been extended until April 28. This ...