In the aftermath of Budget 2024, Malaysia's SMEs stand at a critical juncture, grappling with unexpected challenges and the tantalising prospect of new opportunities. Datuk William Ng, the national president of the Small and Medium Enterprises Association of Malaysia (SAMENTA), articulates the collective sentiment of SME stakeholders who find themselves...
As Malaysia stands on the threshold of Budget 2024, it faces a critical juncture demanding strategic fiscal policies to propel economic growth and ensure long-term development. The proposals voiced by Datuk William Ng, national president of the Small and Medium Enterprises Association of Malaysia (SAMENTA), and insights shared by Wilson...
SMEs continue to face low business margins and cash flow limitations despite a general recovery in business. As a result, 29 percent of SMEs who took part in a survey organised by the Small and Medium Enterprises Association (SAMENTA) indicated they have less than two months of cash reserves, despite reporting...
The Small and Medium Enterprises Association of Malaysia (SAMENTA), has welcomed the National Industry ESG Framework, known as i-ESG and launched by the Ministry of International Trade and Industry (MITI), noting that it comes at a crucial time. Datuk William Ng, the national president of SAMENTA, believes that it provides...
The Small and Medium Enterprises Association (SAMENTA) has expressed its concerns and disappointment regarding the recently proposed Merchant Discount Rate (MDR) imposed by PayNet for transactions made through Duitnow. This unexpected development has sent shockwaves throughout the industry, leaving many merchants and businesses grappling with the financial implications. "While we appreciate...
The Small and Medium Enterprises Association of Malaysia (SAMENTA), has highlighted the significance of the mid-term review of the 12th Malaysian Plan for SMEs and expressed appreciation for Prime Minister Dato’ Seri Anwar Ibrahim's announcements regarding improvements to the 12MP. In his statement, Datuk William Ng, the national president of...
  The Small and Medium Enterprises Association of Malaysia (SAMENTA) has commended Prime Minister Datuk Seri Anwar Ibrahim and Economy Minister Rafizi Ramli for the introduction of the Progressive Wage Model. Its national president Datuk William Ng (pic), said the organisation shares the sentiment that Malaysian wages, especially for those at...
The full statement from SAMENTA national president Datuk William Ng, regarding Prime Minister Datuk Seri Anwar Ibrahim's scheduled meeting with p-hailing companies tomorrow (8 Aug) Prime Minister Datuk Seri Anwar Ibrahim and Transport Minister Anthony Loke are scheduled to meet p-hailing industry players on Tuesday. The primary agenda is to find...
The Madani Economy Framework will spur the economy and drive greater growth of the industry, including SMEs, said the Small and Medium Enterprises Association of Malaysia, or SAMENTA, Malaysia’s oldest and largest association of SMEs. Datuk William Ng, SAMENTA national president, said that the market has been lacklustre since the...
The Small and Medium Enterprises Association of Malaysia, or SAMENTA, Malaysia’s oldest and largest association of SMEs, is committed to helping SMEs to digitalise, automate and meet ESG standards. Datuk William Ng, SAMENTA National President, said that the top challenges for SMEs are labour shortage, low productivity, rising costs, and...
The Small and Medium Enterprises Association of Malaysia (SAMENTA) has expressed its support for the newly announced Malaysian Cooperative Entrepreneurship University (UKKM) which it views as a significant move to address the challenges faced by SMEs in Malaysia. The association welcomes this initiative as a means to equip entrepreneurs with...
The Small and Medium Enterprises Association of Malaysia (SAMENTA) has expressed concern over the recent call for an increase in employers’ Employees Provident Fund (EPF) contribution. In a statement released today, SAMENTA calls upon the Cabinet to reject this demand, as it could do more harm than help to...

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