SME News
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2023-02-14
Malaysia will not reintroduce goods and services tax: PM
MALAYSIA has no plans to reintroduce a goods and services tax (GST) or any other broad-based consumption tax, Prime Minister Anwar Ibrahim said on Tuesday (Feb 14). The government will instead look to reduce subsidies enjoyed by the wealthy, Anwar...
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2023-02-14
Malaysia’s economy on the rebound, driven by strong private consumption
PETALING JAYA: Malaysia is on an economic rebound, thanks to the relaxation of Covid-19 restrictions and the resumption of daily life and economic activities, said economists. They pointed to Bank Negara Malaysia’s (BNM) announcement la...
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2023-02-14
Call for a bigger 2023 Budget
KUALA LUMPUR: The current unity government should increase the 2023 Budget to address high inflation as well as cut leakages and procurement irregularities to boost its finance, economists said. They also said there must be an urgency in reforming...
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2023-02-13
Malaysia:Central bank releases draft Financial Inclusion Framework 2023-2026
Bank Negara Malaysia (BNM) has released a discussion paper on its proposed Financial Inclusion Framework 2023-2026. The Framework sets out a clear vision to advance financial inclusion to elevate the financial well-being and standard of living of ...
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2023-02-12
Five-member committee to advise finance minister on govt finances; GLC consolidation ‘where appropriate’
KUALA LUMPUR (Feb 12): The newly-formed Advisory Committee to Datuk Seri Anwar Ibrahim in his capacity as finance minister, chaired by Tan Sri Mohd Hassan Marican, has announced on Sunday (Feb 12), its primary roles following its first meeting on Feb...