SME News
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2023-05-18
Malaysia on verge of becoming high-income nation, says don
KUALA LUMPUR: Malaysia is on the verge of becoming a high-income nation as the threshold for such status is per capita household income of US$12,695, and Malaysia’s per capita household income now is US$11,000 (RM49,500), according to Prof...
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2023-05-18
Register with SSM to qualify for targeted cooking oil subsidy, Fuziah tells petty traders
KUANTAN: Petty traders are urged to register their business with the Companies Commission of Malaysia (SSM) to qualify for targeted cooking oil subsidy once the initiative is implemented. Deputy Domestic Trade and Cost of Living Minister Fuziah Sa...
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2023-05-18
Offer businesses incentives not to use plastic bags, govt told
KUALA LUMPUR: Businesses have called for the government to offer incentives, such as lower prices for biodegradable products, in order to successfully phase out the use of plastic bags across all sectors by 2025. Malaysian Federation of Hawkers an...
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2023-05-18
Report: EPF says no to another round of special withdrawals, calls for return to fund's original purpose
KUALA LUMPUR, May 18 — The Employees' Provident Fund (EPF) disagrees that there is a need to allow Malaysians a fifth round of special early withdrawal from their retirement savings this year, as there is no emergency situation now unlike d...
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2023-05-18
Sarawak commercial bank welcomed, but must cater to state, SMEs’ needs
SMALL and medium enterprises (SMEs) are an essential part of any country’s economy, contributing significantly to employment, economic growth and innovation. Despite being the driving forces, they often face challenges, mainly limited a...