SME News
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2021-06-28
PM announces automatic blanket loan repayment moratorium for individuals, i-Citra EPF withdrawal initiative
KUALA LUMPUR (June 28): The government has introduced the i-Citra initiative which will allow members of the Employees Provident Fund (EPF) to withdraw up to RM5,000 of their savings, as well as a blanket automatic moratorium on loan repayments for i...
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2021-06-28
Reopen more sectors under enhanced SOPs before businesses perish, former deputy minister say
KUALA LUMPUR, June 28 — Bangi MP Ong Kian Ming has recommended that more sectors of the economy be allowed to open up in a safe and responsible manner, so that the collapse of businesses in Malaysia due to the ongoing lockdown can be avoided. ...
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2021-06-28
Tengku Razaleigh claims bankruptcy levels rising due to Covid-19 pandemic
KUALA LUMPUR, June 28 — Former finance minister Tengku Razaleigh Hamzah today urged the government to take the socio-economic impact of the Covid-19 pandemic seriously. The Gua Musang MP claimed that there has been an exponential increase in...
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2021-06-28
Malaysian SME confidence plunges to new low, says RAM
KUALA LUMPUR: Small medium enterprises' (SMEs) business sentiment has nosedived to a record low of 33.2 points in the second quarter (Q2) of 2021 from 38.7 points in the preceding quarter, according to RAM Holdings Bhd (RAM) RAM said bas...
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2021-06-27
Malaysia's COVID-19 lockdown to be extended - PM
KUALA LUMPUR, June 27 (Reuters) - Malaysia will extend a national lockdown beyond Monday to curb the spread of COVID-19, state news agency Bernama reported on Sunday, citing Prime Minister Muhyiddin Yassin. Lockdown measures were set to end on Mon...