SME News
-
2021-02-25
Digital economy's contribution to GDP to hit at least 20% by year-end — MDEC
KUALA LUMPUR (Feb 25): The digital economy's contribution to gross domestic product (GDP) will easily reach 20% by year-end from 19.1% in the current Covid-19 pandemic environment, said Malaysia Digital Economy Corporation (MDEC). Business dig...
-
2021-02-25
Malaysian travel agent hopes for boost in tourism with Covid-19 vaccination roll-out
Kuala Lumpur-based tour agent Nicky Ng, 42, has been in high spirits since Feb 21, the day Malaysia’s first batch of Covid-19 vaccines touched down at KL International Airport. The arrival of the vaccines has given Ng hope that the pandemic ...
-
2021-02-24
Petty traders seek ways to navigate the pandemic
Johor Indian Petty Trade and Small Business Association (Jipta) is helping those who have lost their jobs amid the pandemic, start a food truck business. Jipta chairman D. Ravindran said the association hoped to get financial support from the Fede...
-
2021-02-24
RM1.26bil disbursed under Penjana SME scheme, says finance minister
KUALA LUMPUR: The government has approved 6,731 applications involving an allocation of RM1.259 billion under the National Economic Recovery Plan’s (Penjana) Small and Medium Enterprise (SME) financing scheme as at Feb 12, finance minister Teng...
-
2021-02-24
Malaysia's GDP to return to pre-pandemic level by Q1 2022: Moody's Analytics
KUALA LUMPUR: Malaysia real gross domestic product GDP is expected to return to pre-pandemic level by the first quarter Q1 of 2022, Moody Analytics said. Moody's Analytics chief economist for Asia Pacific Dr Steve Cochrane said the global econ...