SME News
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2023-04-10
All you need to know about the 15% global minimum tax
PETALING JAYA: In August 2022, Malaysia agreed in principle to implement the global minimum tax (GMT) of 15% on certain multinational corporations (MNCs). The global tax was instituted by the Organisation for Economic Cooperation and Development (...
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2023-04-10
Malaysia unemployment rate drops to 3-year low on broad recovery
MALAYSIA’S jobless rate fell to 3.5 per cent in February as growth in all sectors of the economy led to increased labour demand, according to the nation’s Department of Statistics. Labour force participation in the South-east Asian nat...
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2023-04-10
More jobless youths, if retirement age increased, says MEF
PETALING JAYA: The Malaysian Employers Federation (MEF) says it rejects any proposal to give employees the option to retire at the age of 65 because it will affect employment opportunities for youths. MEF president Syed Hussain Syed Husman said th...
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2023-04-09
SMEs turn to solar power
PETALING JAYA: Many companies, especially small and medium enterprises (SMEs), are adopting solar energy, saving up to thousands of ringgit each month in electricity. This comes in the wake of the hike in electricity tariffs to 20sen per kW-h (kil...
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2023-04-09
Zuki praises Pahang for setting up MyMudah unit to boost business
PETALING JAYA: Chief secretary to the government Zuki Ali has congratulated the Pahang government for establishing the first MyMudah unit on the east coast to make it easier to do business in the state. He said implementing MyMudah had also improv...