SME News
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2023-01-11
Malaysia’s wholesale, retail trade up 15.2% to RM133.9b in Nov 2022
KUALA LUMPUR: Malaysia’s wholesale and retail trade sales grew 15.2 per cent year-on-year (y-o-y) to RM133.9 billion in November 2022, mainly boosted by growth in the retail trade sub-sector, said the Department of Statistics Malaysia (DOSM). ...
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2023-01-11
World Bank sees 4% economic growth for Malaysia in 2023
PETALING JAYA: The Malaysian economy is projected to grow at a more moderate pace of 4% in 2023, according to the World Bank. The is down from an estimated 7.8% growth expected for 2022, the bank’s just released Global Economic Prospects rep...
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2023-01-11
Biz groups: Clearer guidelines needed
PETALING JAYA: While trade associations and recruitment agencies welcomed the move to expedite the conditional approval for hiring foreign workers, they said details were needed on the new process. SME Association of Malaysia president Ding Hong S...
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2023-01-10
Funding Societies a white knight for MSMEs in time of need
PETALING JAYA: In a year when multiple global crises unfolded simultaneously in 2022, peer-to-peer (P2P) lending platforms like Funding Societies have been standing resolutely behind Malaysia’s micro small and medium enterprises (MSMEs). Hav...
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2023-01-10
Entrepreneur Development Ministry defers RM128.6mil repayment for microcredit loans
PUTRAJAYA: The Entrepreneur Development and Cooperatives Ministry has decided to postpone repayments totalling RM128.6mil for microcredit and entrepreneurial loans involving micro, small and medium enterprises (SME) entrepreneurs in states affected b...