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Unregistered SMEs told to register

THE 25,000 unregistered small and medium enterprises (SMEs) throughout Sarawak have been urged to register themselves in order to receive financial assistance provided by government.  Assistant Minister of International Trade and Industry, Industrial Terminal and Entrepreneur Development Datuk Mohd Naroden Majais said there was a total of about 42,000 SMEs throughout Sarawak. “They cannot benefit […]

Federation decries insufficient aid to SMEs

KUCHING: The large allocation (RM322.5 billion) in Budget 2021 is very much needed in this unprecedented Covid-19 pandemic and economic crisis. Sarawak Business Federation (SBF) secretary general Jonathan Chai however noted that not much was allocated to help the small and medium enterprises (SMEs). He was disappointed that insufficient aid was given to SMEs. “SMEs […]

Budget 2021 downsides

KUCHING: Sarawak Housing and Real Estate Developers’ Association (Sheda) Kuching branch chairman Sim Kiang Chiok has pointed out several disappointing aspects of Budget 2021 such as the targeted wage subsidy extension which is limited to only the tourism and retail sectors. “This is disappointing because being in this Covid-19 pandemic many sectors are affected including […]

Penjana special tax incentives should be extended to existing investors

KUALA LUMPUR: The Penjana special tax incentives to attract foreign direct investments (FDIs) to relocate their manufacturing facilities to Malaysia from 2021 until 2022 should be extended to existing investors which had received approvals for expansion, diversification or new projects in 2019, as well as to domestic investments. The Federation of Malaysian Manufacturers (FMM), in […]

‘Adopt framework to improve business practices’

KUCHING: Business organisations are urged to adopt the Malaysian Business Excellence Framework (MBEF) to improve their performance. “The Chief Minister’s Industry Excellence Award (CMIEA), which is the highest award in the state, is evaluated based on the MBEF. “The objective of the award is to encourage and promote healthy business competition in providing systematic ratings […]

Discounted rental fees for hawkers extended

BY NIA NATASHA HASENAN KUCHING: More than 10,000 hawkers will continue to enjoy discount on rental fees for their stalls under the purview of the local Councils. Chief Minister Datuk Patinggi Abang Johari Tun Openg in announcing this said the hawkers will enjoy the existing 50 percent discount until December. “This assistance is expected to […]

SMEs urged to take up modern farming

BY NATASHA JEE & ALVERDTEKOSTER ANYAP KUCHING: The Entrepreneur Development and Cooperatives Ministry (Medac) wants more small and medium entrepreneurs (SMEs) in Sarawak to migrate to modern farming to enable the country to increase its food production not only for local consumption but also export. Its minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar said […]

Accelerating 2030 economic agenda

KUCHING: The state government will concentrate on facilitating a regulatory environment that will allow a level playing field to bring about successful economic transformation. Chief Minister Datuk Patinggi Abang Johari Tun Openg said they will also make available seed funding and invest in critical infrastructure, research, and talent development. He said that in order to […]

Trip for high achievers

KUCHING: The state government will sponsor welfare micro-entrepreneurs (UMKs) who achieved the highest sales (Platinum and Diamond categories) to go on a one-week educational visit to Japan and Korea next year. Chief Minister Datuk Patinggi Abang Johari Tun Openg said this was to provide exposure for these entrepreneurs to further elevate their capabilities. “They will […]

SMEs participate in business productivity programme

LUNDU: Twenty selected small and medium enterprises (SMEs) across the state participated in a ‘Chief Executive Officer (CEO) Pemacu Organisasi‘ (CEO Driver of The Organisation) programme held at Sematan Palm Beach Resort here. The two-day programme which started on Thursday was one of the components in management system development project for companies under the productivity […]