SME News
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2023-02-24
Budget 2023: RM100m in automation, digitalisation grants provided for SMEs
KUALA LUMPUR: The government is allocating RM100 million under the Small and Medium Enterprise (SME) Grant Scheme to support business automation and digitalisation activities. Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim said busin...
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2023-02-23
Malaysian businesses remain optimistic on business condition in 1Q 2023
KUALA LUMPUR: Malaysian businesses remain optimistic about the business condition in the first quarter of 2023 (1Q 2023) with the confidence indicator improving to 3.6 per cent from 3.2 per cent in the previous quarter (4Q 2022), according to the Dep...
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2023-02-23
Reforms needed to improve economic prospects, say economists
PETALING JAYA: Economists are of the view that a comprehensive fiscal reform is essential to put the Malaysian economy on a firmer footing. Such reform would have to entail, among others, a reduction in the deficit, raising productivity and a revi...
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2023-02-23
Higher power tariffs affecting SMEs, says Dr Wee
KUALA LUMPUR: Higher electricity tariffs are impacting small and medium enterprises (SMEs), says Datuk Seri Dr Wee Ka Siong. "What is happening now is that domestic uses are not affected but the commercial SMEs are affected. "Based on...
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2023-02-22
Labuan-Sabah bridge will help big firms and SMEs alike, says biz group
KOTA KINABALU: The proposed bridge linking Labuan and Sabah could boost the economy and benefit businesses and the public in both areas, says a business group. The Dewan Perniagaan dan Perusahaan Kadayan Malaysia (DPPKM) said both large businesses...