SME News
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2023-10-02
Entrepreneur Ministry requests for higher Budget 2024 allocation to boost entrepreneurship in Malaysia
KUCHING, Oct 2 — Federal Entrepreneur Development and Cooperatives Ministry (Kuskop) has requested an increase in allocation under the National Budget 2024. Minister Datuk Ewon Benedick says this is necessary in implementing the 54 main init...
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2023-10-02
Budget 2024: Hospitality industry players call for increase in SST threshold
KUALA LUMPUR: Tourism-related associations have expressed hope that the government will increase the Sales and Services Tax (SST) annual threshold for the hospitality industry from RM500,000 to RM1.5 million through Budget 2024. Malaysian Bud...
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2023-10-02
Malaysia's economy to moderate in 2023 before rebounding in 2024: World Bank
KUALA LUMPUR: Malaysia's economy is projected to moderate to 3.9 per cent this year before bouncing to 4.3 per cent in 2024 on the back of domestic private sector spending, said the World Bank. The World Bank lead economist Apurva Sanghi...
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2023-10-02
Business conditions for Malaysian manufacturers at its weakest since January
KUALA LUMPUR: Business conditions for Malaysian manufacturers in September were at its weakest extent since January this year, as falling demand led to stronger moderation in production, data from S&P Global Malaysia Manufacturing Purchasing Mana...
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2023-10-02
Over 36,000 entrepreneurs benefit from Mintred’s support, says Awang Tengah
KUCHING (Oct 2): The Ministry of International Trade and Investment (Mintred) has provided support to over 36,000 entrepreneurs from 2021 to the second quarter of this year. According to Deputy Premier of Sarawak Datuk Amar Awang Tengah Ali Hasan,...