SME News
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2023-10-03
Digital sector secures RM37bil investments
PETALING JAYA: Malaysia has secured over RM37.4bil in investment commitments in the digital technology sector as of August 2023, promising the creation of at least 15,895 high-value jobs, says Communications and Digital Minister Fahmi Fadzil. He s...
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2023-10-03
Malaysia now 18th most financially inclusive market
KUALA LUMPUR: Malaysia has improved its standing as a financially inclusive market, rising two spots to 18th place out of 42 global markets in the 2023 Global Financial Inclusion Index by Principal Financial Group (Principal) and the Centre for Econo...
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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...