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 […]

Chinese schools funding gets thumbs-up

KUCHING: Sarawak United People’s Party SUPP Youth Central Small and Medium Enterprise (SME) Bureau applauded the Sarawak government for continuously allocating funds for Chinese schools in the state. Its chief Eric Tay described the move by the Gabungan Parti Sarawak (GPS) government as an enlightened policy that would eventually benefit the people of Sarawak. Recently, […]

Carousell collaborates with MDEC

KUCHING: Carousell is collaborating with Malaysia Digital Economy Corporation (MDEC) to jointly roll out the government’s Short-Term Economic Recovery Plan (Penjana) e-commerce initiative, called the Penjana Micro and SMEs (MSMEs) E-commerce Campaign. According to a press statement, the collaboration is part of its continuous effort to support Malaysian micro-sellers and small-medium enterprises (SMEs). As more […]

Stamp duty exemption incentive for SMEs

KUCHING: The Ministry of Entrepreneur Development and Cooperatives (Medac) through SME Corp. Malaysia in collaboration with the Inland Revenue Board of Malaysia (LHDN) and the Companies Commission of Malaysia (SSM) is providing a stamp duty exemption incentive to small and medium enterprises (SMEs) for merger and acquisition (M&A) activities. Application for this incentive is eligible […]

Moratorium period extended until Dec

KUCHING: The state government has agreed to extend the moratorium period for the Sarawak Micro Credit Scheme (SKMS) from October until December this year. Initially, the state government allowed the postponement of the SKMS repayment for six months from April to October, 2020. Chief Minister Datuk Patinggi Abang Johari Tun Openg explained that the move […]

Stamp duty exemption for SMEs on M&A instruments

KUALA LUMPUR: The Entrepreneur Development and Cooperatives Ministry (Medac) via SME Corp Malaysia will provide stamp duty exemption for small and medium enterprises (SMEs) on any instruments executed for merger and acquisition (M&A) activities aimed at enhancing their capacity. This initiative, implemented with the cooperation of the Inland Revenue Board (LHDN) and the Securities Commission […]

Non-stop commitment to help

SADONG JAYA: The Ministry of Tourism, Arts and Culture (Motac) will continue to be committed in helping industry players involving the development of tourism facilities, especially during the current post-Covid-19 period. Its Minister Datuk Seri Nancy Shukri said the federal government would continue to seek assistance through National Economic Regeneration Plan (Penjana) initiative and Prihatin […]

Medac says will continue to give attention to SMEs post-Covid-19

KUALA LUMPUR: The Ministry of Entrepreneur Development and Cooperatives (Medac) says it will continue to give attention to micro and small and medium enterprises (SMEs) and cooperatives post-Covid-19. Deputy Minister Datuk Mas Ermieyati Samsudin said the ministry aims to provide assistance to SMEs not only during the pandemic but also before and after it. “But […]

Acer Malaysia offers help to SMEs

KUCHING: Acer Malaysia has introduced an initiative to assist small and medium enterprises (SMEs) transform their businesses to working remotely or via an online model by helping to equip them with the necessary IT devices. Acer Malaysia’s use-first-pay-later scheme enables businesses that need to equip their staff or upgrade their equipment in order to gain […]