SME News
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2020-03-14
Sarawakian firms need advantage to go global
KUCHING: Sarawakian companies need to increase their competitive advantage and become global using capital markets as leverage, as only a limited amount of companies in East Malaysia can claim to have good access to said markets. “We obser...
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2020-03-14
Economist calls for special fund to help businesses hit by Covid-19
GEORGE TOWN: A senior economist said a proposal to the government to delay debt repayments in view of the Covid-19 pandemic is a good idea to help small-time businesses and the poor. Ramon Navaratnam said a moratorium on repayment of loans should ...
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2020-03-13
Devt-centric budget to grow Sabah’s economy
KOTA KINABALU: Sabah aims to transform the state into an industrial-based economy through the implementation of this year’s development-centric budget, according to the chief minister Datuk Seri Mohd Shafie Apdal. He said economic developmen...
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2020-03-13
Malaysia's Jan-Feb GDP to contract by 0.8%-1.2% as COVID-19 outbreak takes toll on economy
KUALA LUMPUR (March 13): The new Government estimates that the country's Gross Domestic Product (GDP) will contract by 0.8% to 1.2% between January and February as a result of the COVID-19 outbreak, said the newly appointed Prime Minister Tan Sri...
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2020-03-12
Oil prices to put a strain on Malaysia’s fiscal deficit
KUCHING: There are many ways the sharp drop in crude oil prices could impact Malaysia’s domestic economy as it is heavily reliant on oil revenue. The research team at AmBank (M) Bhd noted that the contribution of oil revenue to Malaysia&rs...