OKU urged to make use of business assistance
KUCHING: Persons with disabilities (OKU) are advised to venture into business by utilising various types of assistance provided by the government. This includes the 1 OKU 1 Business Scheme (S1OKU1P) by the Companies Commission of Malaysia (SSM) that allows the group to register new businesses and business licence renewal free of charge. Domestic Trade and […]
Free registration extended until Dec 2021
KUCHING: The Companies Commission of Malaysia (SSM) has extended the free registration period of SSM BizTrust until December 2021 in an effort to support the growth of the online business sector in the country. Domestic Trade and Consumer Affairs (KPDNHEP) Minister Datuk Seri Alexander Nanta Linggi said the initiative was in line with the changing […]
More businesses registered than shuttered in March-October period
KUALA LUMPUR: The number of new businesses registered between March and October this year significantly outweighs the number of business entities that ceased operations during the same period despite the challenges due to Covid-19 and movement control orders, official statistics show. According to Companies Commission of Malaysia (SSM) data, 281,781 new businesses were registered while […]
Need for Sports School in Sarawak
A Malaysia Sports School (SSM) should be implemented in Sarawak to provide better facilities for students here to excel in sports, especially considering that the state has produced many world-class athletes. Assistant Minister for Education, Science and Technological Research Dr Annuar Rapaee said SSMs were fully equipped with facilities compared to State Sports Schools (SSNs). […]
SSM offers 90 pct compound reduction until Dec 31
KUALA LUMPUR: The Companies Commission of Malaysia (SSM) is offering 90 per cent reduction from the original compound value for applications to strike off the name of a company under Section 549/550 of the Companies Act 2016 from Aug 17 to Dec 31. SSM in a statement today announced the compound reduction is applicable to […]
Number of new businesses exceeds closure applications
KUALA LUMPUR: The number of registered new businesses has exceeded the number of business closure applications, based on the records of the Companies Commission of Malaysia (SSM) for the period of April 1 to July 19. Deputy Domestic Trade and Consumer Affairs Minister Datuk Rosol Wahid said a total of 4,542 business closure applications were received […]
Appeals for BPN aid screened using data from 11 agencies
CYBERJAYA: The Inland Revenue Board (IRB) will carry out cross-checks using the latest database containing information from 11 government agencies in a bid to combat fraud as it considers appeals from rejected applicants of Bantuan Prihatin Nasional (BPN). IRB chief executive officer and director-general Datuk Seri Dr Sabin Samitah said the agencies included the Companies Commission of Malaysia (SSM), Employees […]
SSM unveils five initiatives to help businesses, AGM postponement
KUALA LUMPUR: Companies have been given an extension of up to three months after the end of the movement control order (MCO) to hold their annual general meeting, according to the Companies Commission of Malaysia (SSM). However, the companies need make an application to SSM to ensure such extension is not being abused, the regulator said in a statement yesterday. […]
