SME News
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2024-04-06
Vietnam ranked sixth among fastest growing Asian economies in 2024; Macao claims top spot as Malaysia is 14th
HANOI (Vietnam News/ANN): The US website finance.yahoo.com placed Vietnam sixth among the fastest growing economies in Asia in 2024 in its article published on April 4. The article cited projections for Vietnam's real GDP growth to r...
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2024-04-05
SMEDA calls for duty reduction to 3pc, lower taxes to boost SME Growth
LAHORE: The Small and Medium Enterprises Development Authority (SMEDA) has proposed comprehensive reforms, including a cut in duties to 3 percent, single-digit SME taxes and sales tax, and interest rates lowered to 10-15 percent, to support SME growt...
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2024-04-04
Small businesses are still hungry to hire, but many workers eye better pay elsewhere
Small and midsize firms remain eager to expand their workforces, but economists say many jobseekers are likely chasing higher pay at larger companies with deeper coffers. Employers with fewer than 1,000 workers posted the lion’s share o...
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2024-04-03
All imported goods now face VAT
Following a mandate from Prime Minister Srettha Thavisin, the government looks set to impose a 7% value-added tax (VAT) on imported goods valued from one baht up, commencing in May. Goods sold for less than 1,500 baht per parcel and imported to Th...
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2024-04-03
Empowering Small to Medium Enterprises Towards Energy-Efficient Operations
Understanding and effectively managing energy consumption within small to medium enterprises (SMEs) can result in significant cost savings, improved operational efficiency, and reduced environmental impact. The path to energy efficiency ...