SME News
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2022-05-18
Renovate business premises this year to get tax deduction
KUALA LUMPUR: The government extending tax deduction of up to RM300,000 for business renovation and refurbishment until Dec 31, 2022 is something businesses can look forward to for the remainder of this year, said education platform director Genesis ...
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2022-05-18
Special Report: ‘Banks risk losing SMEs to alternative lenders’
BANKS need to step up their digital game or risk losing small and medium enterprises (SMEs) to alternative lenders, according to US-based data analytics firm FICO. Its recent survey of SMEs in Asia-Pacific found that 44% of respondents in Malaysia...
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2022-05-18
Special Report: Will digital banks be a game changer?
MALAYSIA’s five digital banks (DB) are only expected to make their debut in about one to two years, but there is a palpable sense of excitement around what they might bring to a market that already has a growing number of players providing digi...
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2022-05-18
PM: From today, no AP required to import food into Malaysia
PUTRAJAYA, May 18 — The government has agreed not to impose with immediate effect, the approved permit (AP) requirement to import foodstuffs into the country, said Prime Minister Datuk Seri Ismail Sabri Yaakob. He said this decision was reac...
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2022-05-18
Open food import market will boost Malaysia’s economic efficiency, say economists
KUALA LUMPUR, May 18 — The move to have free and open food import markets is set to boost the nation’s economic efficiency, experts said. Sunway University economics professor Prof Yeah Kim Leng said this would encourage import competi...