Malaysia Budget 2020: SMEs and Entrepreneurs Get More Supports Small and medium enterprises (SMEs) and entrepreneurs were among the groups that will benefit from Malaysia Budget 2020. Amongst other initiatives, RM 455 million will be allocated for Bumiputra entrepreneurs. Chinese community entrepreneurs would receive a total of RM 100 million loans with 4% interest. Similarly,…
Budget 2020: More Support For Companies in Malaysia Companies in Malaysia are getting a major boost from Budget 2020. The government is set to allocate funds upwards of RM1billion for customized packaged investment incentives. This will be yearly for five years to attract foreign companies to the country, a move that will help companies and…
The New Number Format Will Be Used for All Registered Companies in Malaysia With a steady economy, we are seeing more businesses and companies being registered. Every entrepreneur, big or small, is joining the entrepreneurship bandwagon as it is a viable alternative source of income. Just recently, a new business registration number format is introduced…
Automatic Compound Reduction Implemented by the Companies Commission of Malaysia (SSM) The Companies Commission of Malaysia (SSM) will implement an automatic compound reduction rate method. This method is effective as of 1 July 2019. This measure is meant to help facilitate the settlement of compounds within a specified period. This approach encourages the corporate community…
Public Holidays in Perlis for 2019 Dates of the Perlis Public Holiday 2019 In 2019, there will be 22 public holiday dates and 53 weeks in 2019 to take note: Note: Any holidays that fall on a Sunday will be replaced the following Monday. Click here for more information from perlis.gov.my original release which…
Public Holidays in Perak for 2019 Dates of the Perak Public Holiday 2019 In 2019, there will be 22 public holiday dates and 53 weeks in 2019 to take note: Note: Any holidays that fall on a Sunday will be replaced the following Monday. Click here for more information from perak.gov.my original release which…