SME group calls for dialogue on CGT | The Star

Datuk William Ng National President Small and Medium Enterprises Association of Malaysia (Samenta) SMALL and Medium Enterprises (SMEs) are surprised and disappointed with the introduction of the capital gain tax (CGT) without any consultation with SME stakeholders. Although the CGT will be able to increase our tax revenue,… Source link

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Budget 2024: Reactions from the banking sector

Datuk Sulaiman Mohd Tahir, group CEO, AMMB Holdings Bhd STRIKING a balance between addressing immediate economic challenges and laying the groundwork for sustainable growth, the 2024 National Budget reflects the government’s commitment to strengthening the nation’s socioeconomic development and driving… Source link

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INTERACTIVE: Key takeaways from Budget 2024

PETALING JAYA: Budget 2024, which Datuk Seri Anwar Ibrahim tabled on Friday (Oct 13), contains various measures to balance between aiding those in need and cutting back on blanket subsidies. At RM393.8bil, the country’s spending plan for next year is the biggest ever tabled. In comparison, last year’s national… Source link

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Budget 2024: PM Anwar says govt to improve social protection, GLC governance and debt management

KUALA LUMPUR, Oct 13 ― The government will improve the revenue sustainability, social protection, governance of government-linked companies (GLC) and the country’s debt management, said Prime Minister Datuk Seri Anwar Ibrahim. Advertisement He said several measures would be implemented such as the improvement in the imposition of stamp duty as well as coordinating the tax incentive… Source link

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Budget 2024 must facilitate SME-led innovation

OUR beloved Malaysia competes to occupy a prominent position within the global innovation ecosystem. Its wealth of talent, resources, and opportunities is undeniable, despite facing brain drain and criticism. In light of these obstacles, policymakers must overhaul several fiscal policies. It is advantageous for our small and medium enterprises (SMEs) to be… Source link

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Where’s the honey for MSMEs?

In this episode, we thoroughly explored the invaluable insights and expert guidance provided by industry professionals and esteemed government officials. They will shed light on the myriad ways in which Micro, Small, and Medium Enterprises (MSMEs) can harness the opportunities presented by the 12th Malaysia Plan (12MP) to substantially bolster their competitive edge and fortify their… Source link

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5 proven tips to scale up SMEs, by serial entrepreneur Kevin Lee

On September 27, we attended the Time Digital Masterclass titled “Scaling Up Malaysian Startups“.  During the keynote speaker’s session, we learnt from Kevin Lee, the CEO of Sellercraft. It’s an ecommerce service provider that uses tech and AI to provide merchants with services such as sales reports, inventory reports, and financial analysis.  But even before that, Kevin was already… Source link

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RM100 mil additional allocation a testament to SME Corp Malaysia’s key role in spearheading MSME development

KUALA LUMPUR (Oct 12): The additional RM100 million allocation by the government to SME Corp Malaysia (SME Corp Malaysia), specifically for micro-enterprises, indirectly recognises the agency’s role and contribution in spearheading the development of micro, small and medium-sized enterprises (MSMEs). Chief executive officer Rizal Nainy said the substantial allocation for micro-enterprises… Source link

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A family tragedy hasn’t stopped this Malaysian artist from enjoying the

Sharon Sen, originally from the small town of Kulai, Malaysia, shares her transformative journey from her close-knit hometown to settling in Slovakia. Font size:A–|A+  Comments disabled Growing up in Kulai, Sharon Sen found the confines of formal education stifling. Her candid admission that she didn’t enjoy school, particularly in her secondary years, illuminates the struggle many face when… Source link

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Encouraging growth recorded by MSMEs

JOHOR BARU: Micro, small and medium enterprises (MSME) have recorded a double-digit growth in Gross Domestic Product (GDP) of 11.6% last year, says SME Corp Malaysia chief executive officer Rizal Nainy (pic). Citing data from the Department of Statistics Malaysia, he said this was an encouraging growth recorded… Source link

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