Micro-enterprises make up the bulk of the SME sector at 78.4 percent. (Photo: The Malaysian Insight) Hanoi (VNA) – About 15 percent of micro-, small- and medium-sized enterprises (MSMEs) in Malaysia were temporarily closed due to a lack of funds stemming from the COVID-19 epidemic. The Malaysian Insight cited Ding Hong Sing, President of the SME Association of Malaysia, as saying that there… Source link

The Stamp Duty (Exemption) (No. 18) Order 2021 [P.U.(A) 502/2021] (“E.O. 18/2021”) which exempts from stamp duty specified instruments relating to mergers or acquisitions executed by small and medium enterprises (“SMEs”) was gazetted on 31 December 2021 and is deemed to have come into operation on 1 July 2021. E.O. 18/2021 exempts from stamp duty the following “instruments in… Source link

PETALING JAYA: About 15 per cent of micro, small, and medium-sized enterprises (MSME) are temporarily closed due to a lack of funds stemming from the pandemic, The Malaysian Insight reports. According to the SME Association president, Ding Hong Sing there are 1.15 million SMEs, which account for 97.2 per cent of businesses in Malaysia. Since 2015, SMEs have increased by an average 4.9 per… Source link

OF the 35% of small and medium-sized enterprises (SMEs) in Kuala Lumpur and Selangor, the most severely affected by floods are those in Klang, Shah Alam and Ulu Langat. While a few commercial banks and the Credit Guarantee Corp (CGC) have come up with disaster relief loans, online marketplaces like Shopee and… Source link

KUALA LUMPUR, Malaysia, Jan. 4, 2022 /PRNewswire/ — SK Group, the second largest conglomerate in Korea with a market capitalization of $177bn, has committed over $700m investments in Malaysia in 2021, and intends to invest further into the country moving forward. In January 2021, SK Nexilis announced a capital expenditure of RM2.3 billion ($553m) to set up a copper foil manufacturing… Source link

15% SMEs closed down during pandemic Khoo Gek San Updated 1 hour ago · … Source link

Two decades ago, serial entrepreneur Ganesh Kumar Bangah (pic above) envisioned a world where electronic commerce (e-commerce) would not only be a reality for consumers but become a significant portion of global trade. It was this vision that drove Ganesh’s career success from that time on. Becoming EY’s Entrepreneur of the Year in 2012, Ganesh made history by becoming Malaysia’s youngest… Source link

PETALING JAYA: A hybrid model of on-site and remote working should be continued in light of the fast-spreading Omicron variant of Covid-19, says the Malaysian Employers Federation (MEF). The MEF is urging employers not to rush in asking their employees to return to the workplace full-time as it may increase the… Source link

FOR the third year in a row, Hong Leong Bank (HLB) has been awarded the Best SME Bank in Malaysia 2021 award by The Asian Banker – one of the most prestigious international awards in the financial services industry.HLB also clinched the Best Cash Management in Malaysia 2021 award at The Asian Banker… Source link

No Company Industry 1 Acasia Communications Sdn Bhd ICT & Telecommunication 2 ADC Power Concept Sdn Bhd ICT & Telecommunication 3 AEO Freight Sdn Bhd Transportation & Logistics 4 Agensi Pekerjaan Premier Solutions Sdn Bhd Professional & Business Services 5 Akademi TM Sdn Bhd Education & Training 6 AL Frozen Trading Sdn Bhd Trading & Wholesales 7 Allo Technology Sdn Bhd ICT & Telecommunication 8 Anwill Design Sdn… Source link