PETALING JAYA: Some Budget 2022’s initiatives are seen as instrumental to the recovery of local small and medium enterprises (SMEs), namely microcredit loans at a 0% interest rate, deferment of income tax instalment payments, Reinvestment Allowance (RE), and the RM40 billion Semarak Niaga. Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) treasurer-general and SMEs… Source link

Former premier Tan Sri Muhyiddin Yassin said various forms of assistance have been channelled to MSMEs via economic stimulus packages. — Bernama pic KUALA LUMPUR, Oct 31 — The government has taken various proactive measures since last year to boost the micro, small and medium enterprise (MSME) sector and revitalise the domestic market in line with efforts to strengthen the business… Source link

The Malaysian Danish Business Council is a partner in the new Danish export initiative Danish-Asian SME Network – DSAN – to help connect SME companies in Denmark to experienced professional Danes in Malaysia for them to exchange valuable insights and experiences. Danish-Asian SME Network aims to strengthen the success of Danish SMEs and businesspersons in Southeast Asian markets by… Source link

Today on October 29, 2021, Minister of Finance Tengku Zafrul Aziz announced the tabling of Budget 2022. It has overtaken Budget 2021 (RM322.5 billion) as the largest budget allocation announced in Malaysia’s history at RM332 billion. Budget 2022 follows the theme of “Keluarga Malaysia, Makmur Bersama” and focuses on 3 thrusts: Protecting and driving the recovery of lives and… Source link

Given the fast-evolving employment market due to digitisation and a shortage of qualified talents in emerging roles, JobStreet is hopeful that the upcoming Budget 2022 would focus on upskilling and creating a ‘national workforce of the future’. JobStreet Malaysia, a subsidiary of SEEK, is also looking forward to deeper collaboration with the Malaysian Government to progressively build a… Source link

PETALING JAYA: Maybank has extended some RM20 billion worth of repayment assistance as at Sept 30, 2021 to over 26,000 small-and-medium enterprises (SME) loan/financing accounts which have been impacted by the pandemic. In addition, the bank has also continued to make financing accessible to them, with more than RM15 billion in loans/financing approved and disbursed to SMEs since 2019. … Source link

Introduction The Ismail Sabri govt and RM12 is a re-affirmation of the NEP and continuation of the existing approach to both macro-economic management and intervention in the economy. The great significance of the Pandora papers is that it is another sign that the NEP has skewed wealth creation towards an elite group within society. Since the formulation of the NEP, economic regulation has… Source link

Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said the government had also allocated RM700 million to assist and encourage SMEs and MTCs to digitise their operations and use trade channels. — Bernama pic KUALA LUMPUR, Oct 22 — A total of RM86.4 million has been channelled to 13,886 small and medium enterprises (SMEs) and medium-tier companies (MTCs) in the form of grants and… Source link

KUALA LUMPUR: The recent Star Outstanding Business Awards (SOBA) 2021 #SOS: Save Our SMEs webinar revealed that small and medium enterprises (SMEs) are still seeking a sustainable path forward post-Covid-19. The “Is your business under threat?” webinar was hosted by TV personality and entrepreneur Naz… Source link

Tan Sri Muhyiddin Yassin is seen during a press conference after visiting the Vaccine Administration Centre at the Kampung Gial Health Clinic, Arau March 5, 2021. — Bernama pic KUALA LUMPUR, Oct 15 — The National Recovery Council (MPN) meeting today agreed for the setting up of a special task force to scrutinise issues related to the financing, manpower and other needs of small and… Source link