SME News
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2025-06-19
Calls to defer SST expansion in Sabah
Kota Kinabalu: Both government and opposition parties as well as the business sector oppose the Federal Government’s plan to expand the Sales and Service Tax (SST) due to its potential impact on cost of living in Sabah. Parti Soli...
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2025-06-19
MSME Confidence Holds Firm Despite Softer Economic Outlook, Says SME Bank
Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) reported that Malaysia’s SME Sentiment Index for the first half of 2025 (1H 2025) stood at 55.2, reflecting continued optimism among Micro, Small and Medium-sized Enterprises (MSM...
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2025-06-19
Bank Islam unveils IFiRST for SMEs and mid-tier companies
KUALA LUMPUR:: Bank Islam Malaysia Bhd marked a significant stride in its sustainable journey with the launch of IHSAN Financing for Business Resilience, Sustainability and Green Transition (IFiRST), unveiled at the inaugural Bank Islam Sustainabilit...
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2025-06-18
TNG Digital Launches Zero-Fee Business Account For Micro-SMEs And Gig Workers
TNG Digital Sdn Bhd has introduced the TNG Digital Business Account — a mobile-first, zero-cost financial tool targeted at Malaysia’s micro-SMEs and gig workers, offering instant onboarding, real-time payments and full e-wallet capabiliti...
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2025-06-18
CIMB Securities flags risk of higher bank credit costs from SME defaults
KUALA LUMPUR (June 18): Probability of defaults among small and medium enterprises (SMEs) is likely to increase following the impact of US reciprocal tariffs, potentially pushing up credit costs for the banking sector, CIMB Securities has cautio...