SME News
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2023-02-14
Call for a bigger 2023 Budget
KUALA LUMPUR: The current unity government should increase the 2023 Budget to address high inflation as well as cut leakages and procurement irregularities to boost its finance, economists said. They also said there must be an urgency in reforming...
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2023-02-14
Malaysia’s economy on the rebound, driven by strong private consumption
PETALING JAYA: Malaysia is on an economic rebound, thanks to the relaxation of Covid-19 restrictions and the resumption of daily life and economic activities, said economists. They pointed to Bank Negara Malaysia’s (BNM) announcement la...
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2023-02-14
Malaysia will not reintroduce goods and services tax: PM
MALAYSIA has no plans to reintroduce a goods and services tax (GST) or any other broad-based consumption tax, Prime Minister Anwar Ibrahim said on Tuesday (Feb 14). The government will instead look to reduce subsidies enjoyed by the wealthy, Anwar...
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2023-02-14
Malaysia crafts policy measures to bolster EV endeavour
KUALA LUMPUR: Malaysia, as one of the leading electrical and electronics (E&E) manufacturing hubs in Asean, is already taking steps to strengthen its electric vehicle (EV) position by crafting supportive policy measures. International Trade an...
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2023-02-14
Road tax, driving licence renewals continue via MyEG's existing channels
KUALA LUMPUR: MY E.G. Services Bhd (MYEG) has announced that vehicle owners and drivers can continue renewing road taxes and driving licenses as usual through its existing channels. MyEG said the services now came with the added flexibility for us...