Small and Medium Enterprises Association of Malaysia (SAMENTA) has welcomed the announcement by the Prime Minister of the re-opening of the international borders with effect from 1 April 2022.
“The re-opening of our borders will significantly aid in the recovery of our economy. Our economy grew by a modest 3.1 percent last year...
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...
Small and Medium Enterprises Association of Malaysia (SAMENTA) has congratulated Bank Negara Malaysia and the five successful applicants of the digital banking licenses.
The five successful applicants are:
A consortium of Boost Holdings Sdn Bhd and RHB Bank Bhd;
A consortium led by GXS Bank Pte Ltd and Kuok Brothers Sdn...
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...
Invest Selangor Berhad has officially launched the 7th edition of the Selangor International Business Summit (SIBS) at the Kuala Lumpur Convention Centre, Kuala Lumpur (KLCC). This four-day summit, taking place from October 19th to 22nd, is anticipated to be the largest and most dynamic edition of this significant regional...
Small and Medium Enterprises Association of Malaysia (SAMENTA) is alarmed with the recent announcement of a hike in electricity bill for commercial and industrial users.
The hike, described as a ‘surcharge’ under the Imbalance Cost Pass-Through mechanism, can be called by whatever name, but it is going to hamper the...
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 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...
A large number of micro, small and medium enterprises (MSMEs) are facing challenges from the rising costs of logistics, as delivery charges have steadily climbed due to the Red Sea disruptions and an unexpected spike in demand.
Adding to the strain, the Malaysian Communications and Multimedia Commission (MCMC) has proposed...
The Small and Medium Enterprises Association of Malaysia (SAMENTA) has voiced support for the proposed postponement of the 80:20 quota for the hiring of foreign workers in the manufacturing sector.
If implemented, the quota would mandate SMEs in the manufacturing sector to hire 80 percent of local workers before being...
RCEP and CPTPP are useful for SMEs, but early support needed
The Small & Medium Enterprises Association (SAMENTA) Malaysia has reaffirmed its support for both The Regional Comprehensive Economic Partnership (RCEP) and The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), in light of objections being raised by consumer groups.
“We...
The Small & Medium Enterprises Association Malaysia (SAMENTA) has expressed hope that Budget 2023, being the last budget before the next election, will pay attention to the plight of the one million micro, small and medium enterprises (MSMEs) in the country.
The association said in a statement yesterday that it...
