Despite the SME sector receiving a financing boost of RM40 billion ringgit and a RM3.2 billion ringgit micro-loans support for small traders, the introduction of more sales / sugar taxes, a higher minimum wage and a 2% dividend tax raises concerns about increased financial pressure on consumers and businesses. Chin Chee Seong, National President of SME Association of Malaysia shares his perspectives on why Budget 2025 was off the mark for MSMEs

Image Credit: Shutterstock.com

Despite the SME sector receiving a financing boost of RM40 billion ringgit and a RM3.2 billion ringgit micro-loans support for small traders, the introduction of more sales / sugar taxes, a higher minimum wage and a 2% dividend tax raises concerns about increased financial pressure on consumers and businesses. Chin Chee Seong, National President of SME Association of Malaysia shares his perspectives on why Budget 2025 was off the mark for MSMEs Image Credit: Shutterstock.com

Opinion and analysis of today’s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

Opinion and analysis of today&rsquo;s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

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