SME News
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2024-10-23
Budget 2025 Accelerates Clean Energy Transition, Industry Players Jumping In
With the Malaysian Budget 2025 stimulating the country’s clean energy transition, Solarvest Holdings Bhd is eager in participating in the Kenyir Floating Hybrid Solar Farm. It said that the government’s decision to continue key energy ...
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2024-10-23
Sarawak business group concerned over new minimum wage
KUALA LUMPUR: A Sarawak business group has voiced concern that the new RM1,700 minimum wage could to higher operational costs for small and medium enterprises (SMEs). Sarawak Entrepreneur Association president, Nizam Khalyd said wage increases sho...
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2024-10-23
LLRC: Businesses that cannot even pay minimum wage should close shop
KUCHING (Oct 23): The Labour Law Reform Coalition (LLRC) Sarawak has criticised the SME Association of Malaysia for engaging in fear-mongering over the upcoming increase in minimum wage from RM1,500 to RM1,700, which is set to be fully implemented by...
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2024-10-23
Wage hike, mandatory EPF contributions could create financial strain on SMEs
KUALA LUMPUR: The SME Association of Malaysia has raised significant concerns about the proposed wage increase and higher mandatory Employees Provident Fund (EPF) contributions in Budget 2025. While national president Chin Chee Seong commended the...
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2024-10-23
Fadillah Urges Multinationals To Partner With Local SMEs
KUALA LUMPUR, Oct 23 (Bernama) -- Deputy Prime Minister Datuk Seri Fadillah Yusof has encouraged multinational companies investing in Malaysia to collaborate with local small and medium enterprises (SMEs). Fadillah who is also the Energy Transitio...