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Dividend tax reduced to 2 pct in response to MSME appeals - PM

Dividend tax reduced to 2 pct in response to MSME appeals - PM

Datuk Seri Anwar Ibrahim says MSMEs had requested an exemption from the dividend tax, arguing that they differ from listed companies.
Tue Oct 29 2024
Budget 2025: Call for govt incentives to help MSMEs implement minimum wage

Budget 2025: Call for govt incentives to help MSMEs implement minimum wage

The government is called upon to provide suitable incentives for businesses, particularly micro, small, and medium enterprises.
Fri Oct 25 2024
Pantau Belanjawan: Banking solutions: Bridging the financial divide for MSMEs

Pantau Belanjawan: Banking solutions: Bridging the financial divide for MSMEs

As we’ve seen, MSMEs are the backbone of our economy, and their success is crucial for economic stability and growth. Pantau Belanjawan will delve into the complexities of lending to MSMEs, the varying risk appetites of banks, and the critical need for supportive policies and systems. The key questions we must continue to address are how can we develop innovative solutions that bridge the financial gap and support the growth of MSMEs? Full discussion with Partner AC Ventures.
Tue Oct 01 2024
DOSM: Over 1 mln MSMEs in 2022, RM1.3 trillion gross output

DOSM: Over 1 mln MSMEs in 2022, RM1.3 trillion gross output

DoSM said the services sector led with 936,793 establishments, followed by construction with 69,015 and manufacturing with 51,481.
Thu Sep 19 2024
Govt agrees to allow MSMEs to issue consolidated e-Invoices - Amir Hamzah

Govt agrees to allow MSMEs to issue consolidated e-Invoices - Amir Hamzah

Datuk Seri Amir Hamzah Azizan said MSMEs only have to submit the e-Invoices to LHDN within the first seven days of the following month.
Tue Jul 02 2024
Agong commends aim to turn Malaysia into a high-income nation

Agong commends aim to turn Malaysia into a high-income nation

The Yang di-Pertuan Agong has welcomed the aim to transform Malaysia into a high-income nation through the empowerment of the role played by the private sector as well as the MSMEs.
Mon Feb 13 2023
APEC: Malaysia encourages set up of collaborative platform to address financial needs of MSMEs

APEC: Malaysia encourages set up of collaborative platform to address financial needs of MSMEs

Mohd Zuki said MSMEs, the backbone of most APEC economies, representing an estimated 95 pct of global businesses, is the region's growth engine.
Sat Nov 19 2022
Tax cuts to help ease cost of doing business for MSMEs - ACCCIM

Tax cuts to help ease cost of doing business for MSMEs - ACCCIM

The tax cuts for MSMEs next year will help ease their cost of doing business, ACCCIM president Tan Sri Low Kian Chuan said.
Sat Oct 08 2022
Govt reduces tax for MSMEs to 15 pct

Govt reduces tax for MSMEs to 15 pct

The tax rate for MSMEs for the first RM100,000 in taxable income will be reduced from 17 pct to 15 pct.
Fri Oct 07 2022
Will youth, women entrepreneurs get a boost in Budget 2023?

Will youth, women entrepreneurs get a boost in Budget 2023?

MSMEs make up 97.44 per cent of all businesses in Malaysia, but can more be done to help youth and women entrepreneurs flourish?
Thu Oct 06 2022
Deputy Finance Minister calls for integration of Islamic finance to develop halal industry

Deputy Finance Minister calls for integration of Islamic finance to develop halal industry

Mohd Shahar explained that sectoral activities included capital raising and the financial inclusion of micro, small and medium enterprises.
Mon Oct 03 2022
Govt business facilitation agencies need to help MSMEs sustain recovery - Tengku Zafrul

Govt business facilitation agencies need to help MSMEs sustain recovery - Tengku Zafrul

Government business facilitation agencies need to continue to help micro, small and medium enterprises (MSMEs) sustain their recovery post-pandemic, Tengku Zafrul said.
Mon Sep 26 2022
Banks, financial institutions urged to guide MSMEs to embrace ESG principles

Banks, financial institutions urged to guide MSMEs to embrace ESG principles

Tengku Zafrul urged CGC, banks and financial institutions to look for ways to strengthen the MSMEs, especially in embracing the ESG principles.
Fri Jul 29 2022
MEDAC tracking down entrepreneurs affected by Baling floods

MEDAC tracking down entrepreneurs affected by Baling floods

MEDAC is in the midst of identifying micro, small and medium enterprises as well as entrepreneurs under the ministry who have been affected by the floods in Baling.
Sat Jul 09 2022
MSMEs must maintain good cash flow to survive post-pandemic - Azman Hashim

MSMEs must maintain good cash flow to survive post-pandemic - Azman Hashim

The initial zero tariffs among RCEP nations is already a significant step and could have a tremendous impact on MSMEs, Azman said.
Wed May 25 2022
World Bank appoints Judith Green as country manager for Malaysia

World Bank appoints Judith Green as country manager for Malaysia

The newly created position will have Judith Green based in World Bank Group's inclusive growth and sustainable finance hub in Kuala Lumpur.
Mon Nov 25 2024
Australia PM plays down privacy fears of social media ban for children

Australia PM plays down privacy fears of social media ban for children

Anthony Albanese says social media firms would be required to destroy personal data used to verify ages of users.
Mon Nov 25 2024
Bursa Malaysia boosted by RM250.6 mil investments from local institutions last week

Bursa Malaysia boosted by RM250.6 mil investments from local institutions last week

Local institutions were the primary supporters of Bursa Malaysia for the fifth consecutive week.
Mon Nov 25 2024
Court orders return of 172 'Pride Collection' watches to the Swatch Group

Court orders return of 172 'Pride Collection' watches to the Swatch Group

High Court judge says the Home Ministry's seizure of the Pride watches was made without a warrant and was invalid.
Mon Nov 25 2024
New Zealand citizen poisoned by tainted alcohol in Laos returns home

New Zealand citizen poisoned by tainted alcohol in Laos returns home

Laos pledges to prosecute those responsible for the incident which has killed six tourists.
Mon Nov 25 2024
PM, Yoon hold talks on Malaysia-South Korea ties

PM, Yoon hold talks on Malaysia-South Korea ties

PM Datuk Seri Anwar Ibrahim meets with South Korean President Yoon Suek Yeol at the Yongsan Presidential Office.
Mon Nov 25 2024
Max Verstappen wraps up fourth straight driver's championship

Max Verstappen wraps up fourth straight driver's championship

Max Verstappen faces an even bigger, and more thrilling, battle to stretch the run to five in a row next year.
Mon Nov 25 2024
Israeli army orders Gaza City suburb evacuated, spurring new wave of displacement

Israeli army orders Gaza City suburb evacuated, spurring new wave of displacement

Families living in the targeted areas began fleeing their homes after nightfall.
Mon Nov 25 2024
Donald Trump Jr is helping his father pick the most controversial cabinet of modern times

Donald Trump Jr is helping his father pick the most controversial cabinet of modern times

Trump, who fiercely prizes loyalty, has long relied on family members for political advice, but which relative has his ear is known to vary.
Mon Nov 25 2024
Ringgit opens higher against US dollar

Ringgit opens higher against US dollar

Dr Mohd Afzanizam Abdul Rashid says that US President-elect Donald Trump's cabinet selections are drawing significant attention.
Mon Nov 25 2024